Europe and German Business News Update – January 30th 2025

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

Today is January 30th 2026.

My Name is Jennifer Bennett the AI voice of the
infobrokerworld Audio Line.….

and here are today's top stories.

Global markets are shifting. Gold prices have hit new record highs
while the US dollar weakens, signaling a major paradigm change in
investor sentiment. Analysts suggest it’s time to realign
portfolios for the new era.

In the corporate world, SAP shares plunged after disappointing
cloud revenue, losing its leading position in Germany’s DAX index
to Siemens. Meanwhile, the Deutsche Bank reported a doubled annual
profit, outperforming expectations, while ING Germany struggles to
attract new clients under CEO Lars Stoy and turns its focus to
existing customers.

In tech, Elon Musk is making a bold move — shifting Tesla from cars
to artificial intelligence. At the same time, OpenAI’s Brad
Lightcap insists fears of an AI bubble are exaggerated,
highlighting the sector’s strong business fundamentals.

On the geopolitical front, U.S.–Iran tensions are rising again,
while Venezuela pushes forward with the privatization of its oil
industry, opening doors for major international investors. Despite
the uncertainty, experts say well-chosen ETFs could still offer
stability in these turbulent times.

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