AGP Executive Report
Last update: 10 hours agoRetail Expansion: UAE fragrance maker Le Falcone is opening its first retail store at City Walk Dubai, shifting from manufacturing to direct-to-consumer sales. Consumer Protection: Oman’s commerce ministry ramped up inspections in H1 2026, issuing warnings over trademark imitation and counterfeit products. Markets & Rates: A fresh look at the bond market argues rising Treasury yields reflect fiscal strain and debt pressure, with knock-on effects for budgets and investors. Labour & Spending: US hiring cooled to 29,000 jobs added in September, while unemployment ticked up and wage growth lagged inflation—fueling worries about consumer confidence. India Fixed Income: Indian bond yields face October pressure from global rates, oil and liquidity, with the 10-year around 7.2%. Africa Equities: Nigeria’s stock market closed bearish, shedding N262bn, even as the NGX remains a top performer in Africa year-to-date. Business Disruption: Fire destroyed 21 shops at Abuja’s Kugbo Furniture Market, with traders estimating losses above ₦500m. Trade Facilitation: Pakistan moves to speed up a one-door facilitation centre for port businesses in Karachi. Housing Affordability: UK data points to a buyer-favouring shift as supply rises and mortgage approvals fall. Corporate Reset: Nike warns of weaker sales ahead after another quarterly drop, as investors reassess its turnaround.
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