AGP Executive Report
Last update: 8 hours agoFood-Supply Cybersecurity: Cyberattacks on supermarket refrigeration systems have hit Belgium and other European countries, spoiling food and prompting a criminal investigation in Belgium. France’s blood service also thwarted an attack on freezer controls before any supplies were lost. Energy Costs: Gas and electricity prices for European businesses fell 6.7% and 5.4%, respectively, easing pressure on industry. Belgian Economy: The economy grew 0.3% in the third quarter, while inflation reached its highest level since April 2023. Retail: The EU conditionally approved JD.com’s €2.2 billion takeover of Ceconomy, requiring fair access to warehousing, logistics and technology services for other retailers; JD’s Joybuy platform operates in Belgium.
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