AGP Executive Report
Last update: an hour agoIndustrial Strategy: CNH Industrial reported third-quarter revenue of $4.35 billion, roughly flat year over year, and agreed to sell a 70% stake in its construction-equipment business to Kobelco in a deal valuing the unit at $1 billion. The move sharpens CNH’s focus on agriculture and could reshape opportunities across its supplier network. Banking: Crédit Agricole has proposed a merger between Banco BPM and Crédit Agricole Italia, potentially creating Italy’s third-largest bank, with 6.5 million customers and more than 2,300 branches. Startup Links: Italian Trade Agency initiatives could help hardware startups build partnerships in Qatar through targeted introductions, workshops and pilot projects, according to an entrepreneur who took part in Maker Faire Rome. Motorcycle Market: Chinese brands are gaining ground in Europe, putting pressure on established manufacturers. China accounted for 27.1% of EU motorcycle imports in 2025, while an Italian craftsman at Milan’s EICMA show cited lower prices as a draw.
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