AGP Executive Report
Last update: 11 hours agoTrade Pressure in Steel: India’s Steel Ministry has asked the Finance Ministry to remove anti-dumping duties on low-ash metallurgical coke, arguing the levy has tightened supply, pushed up prices, and raised input costs for steelmakers—after a provisional duty was imposed in December. Shipping Benchmark Clash: A London High Court fight is brewing over the Baltic Exchange’s oil freight benchmark on the TD3C route, with Mercuria saying the war-driven surge in rates has distorted pricing and triggered losses. Markets Lift on Deal Hopes: European shares ended at a more-than-one-month high as tech rallied and investors leaned into expectations of progress in the Middle East. Swiss Sanctions Tighten: Switzerland formally aligned with the EU’s 20th Russia/Belarus package, adding 115 targets for asset freezes and entry bans, with limited exceptions. Healthcare Breakthrough: Galderma’s Differin Epiduo acne gel is cleared for OTC use in the US, while AstraZeneca and Daiichi Sankyo’s Datroway wins approval for first-line metastatic triple-negative breast cancer patients not eligible for immunotherapy. Wealth & Sport: Lionel Messi has crossed the $1bn net worth mark, joining billionaire athlete ranks.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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