Europe and German Business News Update – January 29th 2025

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

Today is January 29th 2026.

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

and here are today's top stories.

Today’s business headlines focus on the tech and finance sectors.
Samsung has posted record quarterly revenues of about €54 billion,
highlighting continued global demand for electronics.

In financial markets, BaFin chief Mark Branson is sounding the
alarm over potential corrections and rising risks in real estate
funds, especially among smaller providers.

Luxury goods maker LVMH faces a slowdown, while Bitcoin remains
directionless – no longer clearly a safe or risky asset.

ASML projects a 20% rise in sales despite cutting staff, fueled by
strong momentum in the AI-driven chip industry.

Over in e-commerce, Amazon is trimming 30,000 positions to enhance
efficiency through automation and artificial intelligence.

Meanwhile, Revolut ramps up its presence in Germany, and SAP comes
under fire from clients skeptical of its AI software’s
maturity.

Lastly, ZF’s CEO Mathias Miedreich sees progress in the supplier’s
turnaround as asset sales help reduce debt.

That wraps up today’s business headlines. Thanks for listening, and
join us again for the next update.