AGP Executive Report
Last update: 8 hours agoEnergy & Commodities: The IEA cut its 2026 oil supply and demand outlook as Middle East disruptions keep Gulf output and refined product flows under pressure, with diesel tightness worsening and inventories drawing down. Power Reliability: The Philippines’ Visayas grid faces new red/yellow alerts as major coal plants stay unavailable, leaving capacity below peak demand. Deal Watch: Covestro, Fertiglobe and MB Energy signed an MoU to explore ammonia supply-chain collaboration via a proposed Hamburg import terminal, aiming to diversify Europe’s feedstock routes. Retail & Consumer: Cerillion warned FY revenue will miss expectations after delayed customer orders; shares slid. Hospitality & Policy: UK hospitality businesses and celebrity chefs renewed calls for a lower VAT rate, warning of closures and job losses without action. Travel & Tourism: Dubai’s hotel sector posted strong August performance ahead of Arabian Travel Market 2026, while the event’s “Travel 2040” theme spotlights AI and digital transformation. Markets (Malaysia): Bursa Malaysia saw net foreign inflows into plantation, healthcare and consumer services, but foreign institutions stayed net sellers overall. Business & Regulation: Australia’s ASIC won a court ruling against Choosi for misleading consumers about the range of insurers in its life and funeral insurance comparisons. Africa Finance: Nigeria’s Dangote refinery opened to retail investors via a major IPO aimed at broad public ownership.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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