AGP Executive Report
Last update: 9 hours agoEnergy Demand Crunch: Malaysia’s TNB says it has powered 36 operating data centres and is meeting demand for 23 more under construction, as PETRA projects peak electricity needs to jump from 21.3 GW (2026) to 33.5 GW by 2035, with data centres alone potentially driving up to 31% of demand. Confectionery Update: Nestlé is reformulating KitKat across Europe, adding hazelnut notes and a crispier texture after consumer research, while the UK keeps its original recipe. Retail & Consumer Tech: The Home Depot is expanding its Pro Xtra rewards with partner offers for pros, and Starling rolled out new anti-scam tools aimed at phone snatch-theft and shoulder surfing. Food Prices: Chicken prices rose again in Belize, with producers citing higher fuel and input costs. Consumer Markets Watch: India’s Info Edge reported ₹737 crore standalone billings in Q1 FY27, up 14.4%, led by recruitment and real estate activity. Gaming Industry Shake-up: PlayStation ended physical disc production for PS5 and plans to do the same for PS6 by 2028, leaving partners and regional plans reportedly blindsided.
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