Europe and German Business News Update – June 10th 2025

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

Today is June 10th 2025.

My Name is Ray Cooks the AI voice of the infobrokerworld Audio
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and here are today's top stories.

Berlin-based fintech Raisin is retiring its original German
brand name to better align with its growing European strategy.
Already active in the U.S. since 2020, the firm aims to strengthen
its international presence under a unified identity.

In green tech, Covercress, a company breeding special oilseeds for
biofuels, is gaining traction. Supported by Bayer and endorsed by
the U.S. president, its innovation promises a new link between
agriculture and climate protection.

Meanwhile, the European Central Bank warns of potential turmoil in
the gold market, citing risks from delivery shortfalls in gold
futures contracts. The ECB says such disruptions could threaten
global financial stability.

On digital finance, a PwC report estimates the introduction of the
digital euro could cost European banks and savings institutions up
to 30 billion euros. The ECB disputes these findings, defending its
digital currency plans.

Advisory firm Alix Partners is expanding rapidly, projecting
double-digit growth and planning more acquisitions. At the same
time, neobank N26 is courting investors, although it claims no
urgent need for fresh capital.

And finally, Deutsche Telekom is restructuring T-Mobile US, with
insiders hinting at a possible leadership change as the company
prepares for its next growth phase in the American market.

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

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