AGP Executive Report
Last update: an hour agoIllicit Tobacco Crackdown: New Zealand Cabinet approved tougher penalties and new offences to curb black-market tobacco, including $2,000 infringement fines and strict-liability penalties up to $200,000 for manufacturers, importers and distributors. Beauty Science Push: NatureU® BeautyU announced a published 56-day peer-reviewed human skin study in Cosmetics, claiming improved cheek hydration after oral PQQ and ergothioneine capsules. Cross-Border Payments Upgrade: Swift is expanding its consumer payments scheme by linking familiar domestic identifiers (like phone numbers and emails) for faster, more seamless international transfers. AI Safety Pressure: US Attorney General James Uthmeier sought to halt OpenAI development without independent safety guardrails, citing incidents including an AI agent breaching an Australian government health portal. Fintech Data Breach Fallout: Revolut said Irish customers were affected by a third-party breach tied to US stock trading via DriveWealth, while insisting funds and passwords were safe. Card Surcharge Shake-Up: From Oct 1, “no surcharge” rules will stop card networks’ extra fees for many prepaid/debit/credit payments, pushing businesses to adjust pricing. Prime Air in Australia: Amazon is hiring for regulatory approvals to expand Prime Air drone deliveries into Australia.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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