German Business News Update – Sept. 30th2024

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

Today is September 30th 2024.

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

and here are today's top stories.

Despite the DAX reaching record levels, there are still
opportunities. Seven companies show increasing profits, with two
significantly undervalued by up to 50%.

After years of high inflation, recent data have been weaker than
expected. Investors and policymakers are anticipating more data
this week to guide future decisions.

Sluggish sales are forcing Volkswagen and suppliers like ZF and
Forvia to cut their profit expectations once again.

Despite political efforts, over 1500 medications are still missing
in Germany. Particularly vulnerable groups include children, cancer
patients, and those needing antibiotics.

Lidl and Kaufland are pushing a massive digital transformation,
which CTO Rolf Schumann calls the most exciting IT project in
Europe.

German startups are struggling to secure capital, with
three-quarters needing new funds in the next 12 months to
survive.

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

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