Europe and German Business News Update – August 21st 2025

Welcome to the infobrokerworld News Update, where we bring you the latest insights from the German market….. Today is August 21st 2025. My Name is Ray Cooks the AI voice of the infobrokerworld Audio Line.…. and here are today's top stories. Cashless payments are gaining momentum in German retail, with card usage rising significantly according to Bitkom and the HDE. For mid-sized businesses, it's a balancing act between fees and customer preferences. Paderborn-based start-up One Ware is making waves with AI models tailored to industrial use. These solutions run on small chips instead of massive data centers, making them faster and cheaper to deploy. Meanwhile, Jobrad, known for company bike leasing, is going global. Founder Ulrich Prediger laments the lack of political support for green mobility and teases a new vehicle concept between e-bike and car. Porsche faces a serious blow: mass layoffs at battery subsidiary Cellforce could derail part of its EV strategy. Investors are looking to emerging markets for higher returns, buoyed by a weaker dollar. But when it comes to quantum computing, caution is advised—hardware stocks remain speculative.