German Business News Update – Dec 3rd 2024

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

Today is December 3rd 2024.

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

Intel faces a leadership shift as CEO Pat Gelsinger steps down
during a challenging period.
Meanwhile, Munich-based Akhetonics is aiming for European chip
independence, securing funding but facing U.S. competition.

In acquisitions, German companies are targeting the U.S. market
despite high financing costs. On the energy front, Adnoc is closing
in on Covestro, securing 70% of shares, with minority holders
facing a squeeze-out.

Finally, DAX dividends are set to drop by 7% in 2025, significantly
affecting auto manufacturers.
That's today's business update. Thanks for tuning in to Business
Insights. See you next time!

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