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
Now playing Next Business UK company profit warnings worse than during 2008 bank crisis One in five UK companies warns of declining profits as high interest rates take their toll. 29/01/2024
Now playing Next Economy Tesla stock drops as earnings fall short of analyst estimates Tesla's net income more than doubled last quarter on a one-time tax benefit, even as electric vehicle price cuts and slowing sales growth cut into profits. 25/01/2024
Now playing Next Business Goldman Sachs profits up 51% but full year reflects difficult quarter On a per-share basis, Goldman earned $5.48 per share, beating analysts' expectations. 16/01/2024
Now playing Next Business Tesco lifts profit guidance following robust Christmas sales Tesco has increased its profit guidance following better-than-expected Christmas sales due to exceptionally strong fresh food sale volumes. 12/01/2024
Now playing Next Business JD Sports shares plummet following dire profit warning JD Sports shares fell around 20% on Thursday, following the retail chain issuing a gloomier profit forecast than before 05/01/2024
Now playing Next Business AstraZeneca announces new anti-obesity drug deal and positive profit AstraZeneca's share price climbed on Thursday after it announced a multi-billion dollar deal with Chinese biopharmaceutical company Eccogene to produce a new anti-diabetes and obesity drug. 10/11/2023
Now playing Next Business Here is why Walt Disney investors could get cheery The 100-year-old company is promising to deliver - Disney has just released its latest earnings report. 09/11/2023
Now playing Next Business Fortune 500 Europe: Which company is the biggest on the continent? Energy companies are sitting on top of the newly published Fortune 500 Europe list. 09/11/2023
Now playing Next Markets France’s Credit Agricole sees 13% revenue growth in Q3 Credit Agricole has announced a 13% growth in revenues this quarter compared to last year, but it now has allegations of money laundering to contend with. 08/11/2023
Now playing Next Markets Commerzbank profits more than tripled in Q3 German lender Commerzbank saw its net profit after tax triple compared to last year thanks to its strategic roadmap. 08/11/2023
Now playing Next Business Record profit for Air France-KLM and British Airways-owner IAG Investors are spooked by rising fuel costs despite a booming post-pandemic demand for travel. 27/10/2023
Now playing Next Economy In spite of a recent dip, Russian banks face record profits this year High interest rates took a bite out of consumer lending and took a toll on banks' profits in September. 20/10/2023
Now playing Next world news Euroviews. If you’re saying no to war, you have to say no to oil Fossil fuels fund war. That might be a sentiment you’ve seen or heard before, plastered onto placards or shouted by activists. But what does it really mean, Lucy Hall writes. 02/10/2023
Now playing Next Turkey IATA says airline industry is rapidly returning to profitability Airline industry body, IATA, has significantly upgraded its prediction for profitability in 2023 as passenger numbers almost recover to pre-Covid-19 levels. 05/06/2023