AGP Executive Report
Last update: 5 hours agoTelecoms: Deutsche Telekom’s German revenue rose 3.9% to €6.6 billion in Q3, with service growth offsetting lower capital spending. Industry: German factory orders climbed 4.4% in September, just short of forecasts, but the recovery remains uneven: services growth slowed, BMW profits fell and auto suppliers face further job cuts. Healthcare: Siemens Healthineers expects 4–5% revenue growth in 2027, below market expectations, as China weighs on diagnostics; it has begun separating the business ahead of a planned carve-out. Retail: The EU has cleared JD.com’s acquisition of Germany’s Ceconomy, with the companies preparing to close the deal. Energy: Germany awarded contracts for new flexible gas-fired power stations, as the country seeks backup capacity for its power system.
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