AGP Executive Report
Last update: 7 hours agoConsumer Tech Financing: Apple and Klarna launch a new way to lease iPhones, Watches, iPads and Macs, with payments starting at $17.99/month for 12- or 24-month plans, as consumers lean more on payment flexibility. Retail & Food Demand: P&G forecasts muted fiscal 2027 growth after uneven demand and tighter spending hit categories like grooming and oral care, while Greggs says heatwave-proof menu tweaks (iced matcha, salads, new chicken roll) helped sales resilience. Middle East Energy & Prices: Saudi Aramco is preparing a new oil selling price for shipments from Egypt’s Sidi Kerir to Asia after Red Sea risks, and Iran’s cost of living has surged (prices up 66% year-on-year) amid war damage and shortages. Trade & Logistics: IATA reports June air cargo demand up 8.5% year-on-year, but warns Middle East hostilities and US tariff focus remain risks. Regional Deals: Turkey and Iraq sign five cooperation agreements and discuss supplying Ankara with up to 1 million barrels/day. Travel Connectivity: Saudia expands codeshare links to Delta, Air France-KLM and Virgin Atlantic for more North America access via major European hubs.
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.