AGP Executive Report
Last update: 9 hours agoAsia Trade: Chancellor Friedrich Merz is due to meet Japan’s Sanae Takaichi for talks on trade, semiconductors and security, after urging wider EU-Asia market access. President Frank-Walter Steinmeier’s China visit is focused on dialogue and business ties as trade tensions persist. Economic Outlook: German business confidence rose for a sixth straight month, but carmakers remain under pressure: Mercedes cut its 2026 profit forecast, while Porsche warned that sales and earnings could fall next year despite a sharp profit rebound. Labour Tensions: Metalworkers rejected employers’ first pay offer and warned of strikes, adding to pressure on an industry facing weak demand and restructuring. Audi Backlash: Unions and politicians condemned Audi’s chief executive for appearing at a Trump rally as the company prepares a $4 billion US factory; the government called the appearance a business decision. Political Divisions: Thousands protested against Thuringian AfD leader Björn Höcke in Jena, where police reported injuries and arrests.
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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