Europe and German Business News Update – Feb 24th 2025

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

Today is February 24th 2025.

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

and here are today's top stories.

Germany is facing increasing delays in dual-use export approvals,
particularly for non-EU countries. A government report shows that
processing times have significantly worsened under Economy Minister
Robert Habeck.

Meanwhile, a massive crypto heist has rocked the market. Hackers
stole $1.5 billion in Bitcoin from the exchange Bybit—one of the
largest cyber thefts in history. Experts suspect North Korean
hackers may be responsible.

In the tech world, Chinese AI start-up Deepseek is making headlines
by challenging US giants with its groundbreaking technology. At the
same time, stocks of Xiaomi and Alibaba are surging, driving
renewed interest in China-focused ETFs.

The energy sector is struggling, as German home battery
manufacturers face intense competition from Chinese rivals.
Analysts point to both pricing pressures and internal
mismanagement.

Over in the automotive industry, Elon Musk has dismissed
speculation about Tesla investing in Nissan, which is searching for
a new partner after a failed deal with Honda.

And finally, the EU is scaling back regulations. Parts of the Green
Deal, including the supply chain law, will be softened to ease
business restrictions.

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

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