
AI-generated summary
Der Handelsstreit zwischen der EU und Ländern wie China und den USA eskaliert, wobei beide Seiten Zölle und Handelsbeschränkungen verhängen. Frankreich und Deutschland suchen nach Wegen, die Handelsdurchsetzungsfähigkeit der EU zu stärken.
Frankreich und Deutschland haben gemeinsame Forderungen formuliert, um die EU im Handelsstreit mit Ländern wie China oder den USA stärker auszustatten. Das berichtet das Handelsblatt heute exklusiv. Unter anderem von einem „Kill Switch“ ist die Rede. Was genau das bedeutet und wann die EU diese neuen Kompetenzen bekommen könnte, erklärt im Podcast der Handelsblatt-Politik-Chef Moritz Koch.
Und im Schwerpunkt der heutigen Folge geht es um das aktuelle Insiderbarometer. Handelsblatt-Finanzredakteurin Andrea Cünnen hat sich angeschaut, welche Dax-Chefs Aktien von ihren eigenen Unternehmen gekauft haben. Dabei sind ihr vor allem drei aufgefallen, bei denen die Firmenlenker trotz fallender Kurse besonders viel von ihrem eigenen Geld ins eigene Unternehmen investiert haben. Um welche Firmen es geht, sagt sie im Podcast.
AI outlook — possibilities, not facts
Die EU könnte in den kommenden Monaten über die Einführung neuer Handelsdurchsetzungsinstrumente wie einem "Kill Switch" entscheiden.
Possible · Within months

The federal government has initiated the process for the possible privatization of the state gas company Sefe. The Ministry of Economic Affairs has published a call for tenders for legal consulting services on reprivatization; law firms can apply until October 27th. Among other things, Sefe operates the largest German gas storage facility and is a central player in the German gas supply. The nationalization took place in 2022 after the failure of the Russian supplier Gazprom, and the federal government is now planning to return the majority to Sefe by the end of 2028 due to EU requirements. The company's value is estimated at around six billion euros.

The fuel discount of 16.7 cents per liter was intended to relieve drivers, but fuel prices rose again just a few days after its introduction. Super E10 cost a nationwide average of 2.137 euros per liter on Sunday - 2.3 cents more than on Thursday. Diesel prices rose by 0.9 cents to 2.253 euros. Cheap offers under two euros are becoming rarer, while the industry association En2x emphasizes that the discount will be passed on in full, but points to increased world market prices.

Just a few days after the reintroduction of the fuel discount, fuel prices are again above the level at the start of the tax cut. According to ADAC, a liter of Super E10 cost an average of 2.137 euros nationwide on Sunday - 2.3 cents more than at the start of the measure. The price of diesel rose to 2.253 euros per liter, an increase of 0.9 cents. The ADAC explains that although the energy tax cut led to a significant drop in prices, the relief is already disappearing again. There is currently no obvious explanation for the price increase for Super E10, as the oil price and exchange rate have hardly changed.

The German stock market started the new week almost unchanged, although the US Federal Reserve Bank is unlikely to raise interest rates in October and oil prices have fallen slightly. The DAX rose 0.1 percent to 25,254 points, while the euro fell below $1.12 for the first time since May 2025. Political uncertainty in Europe and the USA is weighing on sentiment, while weaker US labor market data has dampened interest rate concerns somewhat. The consumer climate index also fell before the Christmas shopping season, while defense stocks benefited from a new aid package for Ukraine.

The Munich start-up Robco has completed a round of financing and is now valued at more than a billion dollars. Company boss Roman Hölzl assumes that sales will triple this year. The company is developing a modular system for industrial robots with a focus on physical AI and has already sold more than 1,000 systems.

The Dax closed unchanged at 25,254 points, while the euro fell to its lowest level since May 2025 due to political uncertainty in France and Spain. At the same time, the G7 countries announced the release of 100 million barrels of emergency oil reserves, and Deutsche Telekom held its first AI investor day.