AGP Executive Report
Last update: 7 hours agoChip Dispute: Nijmegen-based Nexperia is suing its Chinese parent, Wingtech, for more than $2 billion, escalating a legal fight over control and competing supply chains. Tax Plans: The government has dropped a proposed €1.5 billion household tax increase for 2027 and delayed savings and investment tax reform by a year; parliament still needs to approve the changes. Philips: Third-quarter sales rose 3% on a comparable basis to €4.4 billion, while its adjusted operating margin widened to 13%; the company reaffirmed its 2026 outlook. AI and Jobs: UWV says AI may be contributing to rising unemployment claims among highly educated workers, particularly in software, marketing and research. Digital Infrastructure: Europe is the world’s costliest region for data-centre construction, a hurdle to expanding capacity for AI. Aviation: Embraer has selected Dutch firm Fokker Services to support the air force’s incoming KC-390 aircraft. Digital Identity: Amsterdam’s Fourthline and Spain’s Veridas completed a merger, creating a European identity and fraud-prevention business that expects more than €50 million in 2026 revenue.
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