AGP Executive Report
Last update: 3 hours agoEU Sanctions Push: EU foreign policy chief Kaja Kallas says the bloc is preparing the “most far-reaching” Russia sanctions listings since the war began, with about 1,600 new Russian military-industrial complex targets, aiming for adoption in October. Defence Industry & Procurement: Rheinmetall is set to deliver 149 mobile medical stations to the Bundeswehr under a €500m+ contract, while TKMS says it could speed Canada’s submarine delivery by partnering with other European shipyards. Corporate Efficiency: Siemens CEO Roland Busch keeps his inbox under 100 and avoids recurring one-on-ones, a culture signal as the company navigates industrial and tech pressures. Energy Transition Materials: EU-backed research REWIND targets recycling end-of-life wind turbine blades, and a €100m+ Navarra project backed by the EU Innovation Fund plans fully recyclable wooden blades. Markets & Rates: European stocks closed mostly lower as German and French bond yields hit multi-year highs amid Middle East risks and weaker China demand signals. Germany in the Spotlight: Deutsche Telekom agreed to buy Macquarie’s Polish fibre and TV assets for ~€1bn, boosting fixed-line consolidation in Poland.
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