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The German leading index Dax is recording new records as a result of positive company figures and falling oil prices.
The DAX has surpassed the 27,000 point mark for the first time in its history.
The leading German index rose by 1.3 percent to a record high of 27,001.67 points on Thursday morning.
Positively received company balance sheets and the recent decline in oil prices drove the Dax higher.
One of the biggest winners in the Dax in early trading was Siemens shares, with an increase of almost five percent.

At a career fair at the Frankfurt School of Finance & Management, young students report fears for the future, difficult job prospects and competition from artificial intelligence despite expensive private training.

After three unsuccessful rounds in the collective bargaining dispute in the metal and electrical industries, IG Metall is preparing all-day warning strikes in hundreds of companies. Employers sharply criticize the approach.

A new study warns against plans to use the motorway operating company to reduce the burden on the federal budget through its own debt. Experts doubt the concept.

In an interview about his book “Reclaim Work,” organizational researcher Hans Rusinek analyzes why many employees are frustrated at work. He criticizes managers as “hope killers” and gives tips for more self-efficacy.

The DAX surpassed the 27,000 point mark for the first time in its history on Thursday. The drivers of the record high are positive company balance sheets from Siemens and Allianz as well as falling oil prices, despite ongoing risks such as interest rate concerns and Nvidia unrest.

In Germany, the number of over-indebted adults rose to 7.36 million as of October 1st. According to the Creditreform Debtor Atlas, this is 4.1 percent more than in the previous year, driven primarily by increased living, energy and housing costs.