
AI-generated summary
The 81st United Nations General Assembly takes place as investors react to geopolitical signals and economic data.
Statements by US President Donald Trump in a speech to the 81st General Assembly of the United Nations (UN) are clouding the mood on the stock markets. Investors' hopes that the war in Iran would soon end had previously pushed the German leading index up by almost one percent. On Wall Street, the Dow Jones index fell slightly. The AI euphoria, on the other hand, drove the US technology exchange Nasdaq to a record high for the second day in a row.
On Wednesday, investors will continue to look at developments in geopolitics, the economy and the technology industry. The general debate at the UN General Assembly is entering its second day. The Organization for Economic Cooperation and Development (OECD) presents its updated economic outlook. The focus of the economic data is on the purchasing managers' indices for the euro zone and the USA in September.
AI outlook — possibilities, not facts
OECD publishes updated economic outlook.
Very likely · Within days

Metro boss Steffen Greubel is leaving the wholesale group due to different views on future strategy. His successor will be the previous CFO Eric Riegger. The change will take place at the end of the financial year on September 30, 2026.

Given high fuel prices, employees can increase their monthly net income by applying for a payroll tax reduction. The tax office grants allowances for income-related expenses, special expenses or extraordinary burdens that exceed the employee flat rate.

Since 2026, the tax allowance of 110 euros has been eliminated for company celebrations if they are held exclusively for managers. The legislator justifies this with the principle of equality. For general employee celebrations, the regulation remains in place subject to certain conditions.

Flixtrain is investing 2.4 billion euros in fleet expansion. By 2028, 65 new Talgo trains are expected to start operating in order to increase frequency on important routes such as Hamburg-Berlin and expand the network to other cities.

A KfW study shows that only 11.5 percent of German medium-sized companies employ foreign skilled workers. Despite a shortage of skilled workers, many companies do not employ foreign staff due to language barriers as well as bureaucratic and legal hurdles.

On September 30th, VW management and employee representatives will meet in Hanover for a review discussion. The focus is on compliance with the future collective agreement of 2024 in view of stricter austerity plans and the threat of job cuts.