Now playing Next Business Munich Re stock rises as company cheers investors with latest earnings A stronger operational performance and less major-loss expenses than previously thought contributed to Munich Re's latest financial results. 08/05/2024
Now playing Next Business BP pledge to cuts costs as profits fall below expectations Energy giant BP is to launch a major cost-cutting programme after Q1 profits were hit by falling gas prices and a refinery outage and earnings fell short of analyst forecasts. 07/05/2024
Now playing Next Business UBS returns to profit for the first time since Credit Suisse takeover The Swiss banking giant's shares were up more than 9% after the earnings report. 07/05/2024
Now playing Next Business Spanish defence firm Indra sees first quarter profits surge 40% The company also saw good progress in implementing its strategic plan, as well as increased growth in its key defence and Minsait branches. 06/05/2024
Now playing Next Business Boost for Adidas profits as Sunak puts his foot in Samba trainers UK Prime Minister Rishi Sunak was widely teased for wearing the Adidas Samba trainers during an interview, with critics claiming he had made the trainer seem uncool. 01/05/2024
Now playing Next Business Lufthansa sees losses extend in Q1 weighed down by strikes Despite a disappointing first quarter, the airline expects a record summer boosted by leisure as well as business travellers, leading to more plans to expand the company’s long-haul routes. 30/04/2024
Now playing Next Business Volkswagen Group sees Q1 earnings plummet as car sales stall Mercedes-Benz also saw falling profits, as expected, due to changes in models and supply chain issues, while Stellantis also missed earnings expectations due to a poor product mix. 30/04/2024
Now playing Next Markets Back in profit: Barclays share price jumps nearly 5% on latest results Shares in Barclays jumped on Thursday as the UK lender swung back to profit after reporting losses in the final three months of last year amid its efforts to restructure the bank's operations. 25/04/2024
Now playing Next Business Goldman Sachs profits surge ahead to beat forecasts The Wall Street giant's investment banking and trading business drove the results past analysts' estimates. 15/04/2024
Now playing Next Business JPMorgan opens earnings season with profit rise and risk warning JPMorgan reports a 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls. 12/04/2024
Now playing Next Business Czech power company profit reached €1.17 billion in 2023 CEZ said the profit exceeded its initial goal due to additional gains from commodity trading and reliable nuclear power plant production. 21/03/2024
Now playing Next Economy Merchandise: Which films are most in the pink for revenue? Last year was a big year for the film industry and blockbusters such as Barbie and Oppenheimer. Older movies, too, still gain from the merch craze. 14/03/2024
Now playing Next Business First post-pandemic dividend for Lufthansa as profits soar Europe's biggest airline says 2023 provided the third-best financial result in the history of the group. 07/03/2024
Now playing Next Business Bite Back: Youth campaign shames companies over junk food products Activists in the UK call out firms like Ferrero and Mondelez that cash in on selling unhealthy food to children. 22/02/2024
Now playing Next Business HSBC shares dive 8% as profit expectations fail to satisfy investors The share price of HSBC Holdings slumped by more than 8% in London as the UK's biggest bank left investors disappointed with the profits reported for the final three months, and for all of 2023. 21/02/2024
Now playing Next Business Juicy £600 steaks help Salt Bae rake in the millions Despite its often eye-watering prices, the restaurant group has still had to battle with surging energy bills. 20/02/2024
Now playing Next Business Swiss banking giant UBS sees hopeful future, despite present losses The Swiss bank has reported pre-tax losses in the last three months of 2023 but has impressive goals, including raising dividends. 06/02/2024
Now playing Next Business Tech earnings in focus: Who led the charge – Meta, Amazon, or Apple? Three tech giants reported results after the market closed. Meta to pay dividend after jump in profits. 02/02/2024
Now playing Next Markets Deutsche Bank plans 3,500 job cuts to boost profitability Germany’s biggest bank wants to increase investor rewards despite falling profits, laying off staff to finance new plans. 01/02/2024
Now playing Next Business Drugmaker Novo Nordisk reaches market value of $500 million Demand for obesity drugs has pushed Novo Nordisk's share price to new highs. 31/01/2024