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Germany
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Business
Germany's consumer climate still low, DAX eyes fifth straight drop
Germany's GfK Consumer Confidence Index rose slightly, but despite beating expectations, sentiment remains fragile amid high inflation and job insecurity. The DAX fell 0.9%, marking its fifth loss, as European markets slid on hawkish Fed signals.
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Watch: AI-powered robot teaches German students
A secondary school in northern Germany became the first to trial a humanoid robot teacher on Tuesday. The robot, named Captcha, was developed by Hong Kong start-up Hidoba Research and introduced to students in Lower Saxony to discuss artificial intelligence.
Business
Can Germany's improving financial sentiment beat business pessimism?
Financial experts are more optimistic about Germany’s economy as the ZEW index rebounded more than expected in December, its highest in four months, driven by ECB rate cut prospects and snap elections. Yet, the ifo survey shows businesses remain far more pessimistic about 2025.