German Business News Update – Oct 31th 2024

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

Today is October 31st-2024.

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

and here are today's top stories.

Swiss bank UBS surprised markets, doubling its expected
quarterly profit as it moves forward with its post-Credit Suisse
acquisition restructuring.

Meanwhile, BASF braces for a weaker fourth quarter, citing
challenges in the automotive sector and increasing pressure in
China.

In tech, a dispute escalates as Microsoft accuses Google
of misleading lobbying tactics in the EU, exposing competition in
the cloud market.

Logistics giant DHL cuts its forecast amid Europe’s slowing
economy, and the World Gold Council reports unprecedented gold
buying, with record highs achieved 13 times in the third
quarter.

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

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