AGP Executive Report
Last update: 2 hours agoHolcim Exit: Switzerland’s Holcim agreed to sell its Philippines business to China’s Huaxin Building Materials in a multi-stage deal worth about $807m, starting with a 67.623% stake for $527m and planning to offload the rest over 3–5 years (minimum $280m), with closing targeted for H1 2027. Tour de France Femmes (Swiss Route): Dutch sprinter Lorena Wiebes won stage two again, taking the Aigle-to-Geneva race and extending her yellow-jersey lead after a lakeside sprint finish; Elisa Balsamo was second and Marianne Vos third. FIFA Trust Crisis: FIFA dropped its plan to sell stakes in a World Cup commercial entity after backlash, but the fallout continues as UEFA and others say Infantino has lost their confidence. Security Watch: A new ICCT and European Jewish Congress monitoring report finds 254 antisemitic incidents across the EU, UK and Switzerland in 2025, warning the true number is likely far higher. Heat and Power: Drought-linked low water levels forced Hungary to shut its only nuclear plant at Paks, underlining how extreme heat is disrupting energy supplies across Europe.
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