AGP Executive Report
Last update: 2 hours agoU.S. Tariffs Hit Finnish Firms: A senior Finnish industry official at EK warned that new U.S. tariffs will damage trade ties and add uncertainty for global business, criticizing Washington’s forced-labour justification. Consumer Mood Split Across Finland: Statistics Finland data shows consumer confidence strongest in Helsinki (-1.2) and weakest in the east and north (down to -10.6), with the war in Ukraine and long-term structural shifts blamed. Business Confidence Rebounds: EK and Statistics Finland report improving confidence in manufacturing, construction, services and retail, even as households stay cautious. Hydrogen Pipeline Gains Steam: The Nordic-Baltic Hydrogen Corridor says 87% of projected capacity is backed by market interest, with Finland and the Baltics supplying hydrogen south. Corporate Deal Watch: Luxfer agreed to be bought in an all-cash deal valuing shares at $17.37. Energy & Materials: IEA highlights Morocco’s growing role in battery materials via phosphate-linked supply chains. Plant Protein Push (Finland-linked): German ingredient firm Crespel & Deiters expands plant-protein production with Finnish Happy Plant Protein’s dry extrusion process. Nokia AI Demand: Nokia reports higher Q2 sales and profit, citing strong AI and cloud demand.
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