Europe and German Business News Update – June 18 2025

Today is June 18th 2025.

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

and here are today's top stories.

Daimler Truck and Volvo Group are joining forces to build a shared
operating system for their trucks. This collaboration aims to avoid
the mistakes that other major automakers made in similar tech
ventures.

Meanwhile, Munich-based defense tech firm Helsing has overtaken
Celonis to become Germany’s most valuable startup, now valued at 12
billion euros. Healthcare company Fresenius Medical Care is
extending its cost-cutting program with a goal to save over one
billion euros by 2027.

A survey from Bank of America shows that investors are cautiously
optimistic, holding more stocks but still wary of U.S. markets. In
Switzerland, a return to negative interest rates is on the table as
inflation drops below expectations. And in Düsseldorf, the housing
market is heating up again thanks to targeted public support.

Volkswagen takes a leap into autonomous mobility with the launch of
its ID.Buzz AD, Europe’s first production-ready robotaxi. At the
same time, gold is gaining popularity as a reserve asset while
confidence in the US dollar wanes. Lastly, chipmaker Nexperia
reports full capacity utilization, signaling strong demand in the
tech sector.

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

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