Europe and German Business News Update – June 30 2025

Welcome to the infobrokerworld News Update, where we bring you the
latest insights from the German market…..

Today is June 30th 2025.

My Name is Ray Cooks the AI voice of the infobrokerworld Audio
Line.….

and here are today's top stories.

Shares of Knorr-Bremse dropped nearly seven percent after two
U.S. banks withdrew their buy recommendations, citing weaker order
trends in the U.S. market.

The Bank for International Settlements warns that the global
foreign exchange derivatives market poses significant financial
risks due to its vast size and complexity.

Meanwhile, Porsche is exploring the sale of its consulting
subsidiary MHP, potentially to boost liquidity amid a challenging
business climate.

RTL is acquiring Sky Deutschland, aiming to expand its streaming
service and strengthen its position in the competitive media
landscape.

Drone startup Wingcopter secured new funding from several
investors, including the European Investment Bank, to support its
expansion.

EY launches a new strategy unit to compete with consulting giants
McKinsey and BCG, though market analysts remain skeptical about its
success.

And finally, executives at Nvidia have sold shares worth billions,
raising concerns about the sustainability of the tech stock
rally.

That's today's business update. Thanks for tuning in to Business
Insights. See you next time!

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