Europe and German Business News Update – March 13th 2025

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

Today is March 13th 2025.

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

and here are today's top stories.

The US tariffs on steel and aluminum are raising economic concerns.
While German steel producers expect little impact, higher prices in
the US could drive inflation. Meanwhile, the strong euro is
pressuring DAX exporters but reducing import costs.

Stock markets remain volatile. Large price swings are unsettling
IPOs, and investors are advised to stay patient. Porsche has
lowered its profit margin forecasts due to slow EV adoption and
rising costs.

The Northvolt bankruptcy casts doubt on Europe's battery production
future. Meanwhile, Continental plans to spin off its supply
division and go public. In tech, analysts predict gains for
Infineon, as demand from the automotive sector increases.

In aviation, a Chinese company aims to acquire Volocopter,
following the German flying taxi pioneer’s insolvency. Meanwhile,
Puma is cutting jobs after issuing a weak market forecast.

The energy sector is shifting: RWE plans to sell its power grid,
while Rheinmetall benefits from increasing global defense
spending.

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

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