AGP Executive Report
Last update: 2 hours agoIndustrial Jobs Crunch: Germany’s industry is shedding about 15,000 jobs each month, with the BDI blaming US tariff pressure and intensifying China competition, while urging faster investment in AI-driven transformation. AI Policy Clash: Nvidia CEO Jensen Huang pushes back on US plans to restrict open-source Chinese AI models, arguing US firms should be allowed to use them and that Chinese models won’t displace American companies. Tech & Research Cooperation: German AI pioneer Otthein Herzog calls for deeper international cooperation at the research level while keeping healthy competition for products. Corporate Mobility in Aviation: Loganair agrees to buy five BETA Technologies’ short-range electric aircraft (with an option for five more), aiming for scheduled electric flights using existing runways. Auto Outlook: Volkswagen lowers its 2026 outlook as China pressure deepens Europe’s industrial challenge. Sports Business: Jurgen Klopp is confirmed as Germany’s new head coach on a four-year deal, with Red Bull leadership backing the move. Safety Incident: A light aircraft crash into a home in Lower Saxony killed one person and left another feared missing, with fears the building could collapse.
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