Now playing Next Business French defence company Thales sees orders soar to record levels Thales and Airbus could also be considering merging their space divisions in order to create a stronger and more competitive pan-European business. 23/07/2024
Now playing Next Business Brakes on Porsche profit outlook as alloy supply shortage kicks in Shares in Porsche fell nearly 5% on Tuesday morning after the German sports car maker cut its sales and profitability outlook for 2024. 23/07/2024
Now playing Next Business Ryanair says summer fares will be lower as airline's profit slumps Ryanair's first quarter results for the financial year 2025 results have revealed lower profits and a dampened summer fare guidance for shareholders. 22/07/2024
Now playing Next Business Volvo exceeds revenue expectations for Q2, but lowers sales forecast The company is also continuing to invest heavily in the green transition and electric vehicles (EVs), despite concerns that EV demand in Europe may be tapering off now. 18/07/2024
Now playing Next Business Delta becomes latest airline to warn of profit hit due to Olympics Back on 1 July, the Air France-KLM group also issued a similar profit warning about the Paris Olympics, preparing itself for a €180 million blow to revenue. 12/07/2024
Now playing Next Business Private equity bosses ponder leaving UK over Labour tax rise fears Labour’s plans to close the “carrying interest” private equity sector loophole has led to several funds and executives considering moves to countries with more beneficial tax regimes, such as Italy and Spain. 10/07/2024
Now playing Next Business Mulberry hopes to bag a winner with new CEO after sales fall Mulberry's share price has fallen 39% since January, amid a global decline in the luxury sector, mainly driven by shoppers from Asia cutting back. 10/07/2024
Now playing Next Business EY: The growth at all costs era is over. Sustainability is key Businesses have never been under so much pressure to deliver on sustainability but balancing it with profitability is becoming increasingly complex in a world of geopolitical unrest and disinformation. 17/06/2024
Now playing Next Business CEO pay levels rocket - up almost 200 times on the average earner Broadcom CEO Hock Tan tops the list of AP's highest earners with a pay deal that came in at around $162 million (€149 million). 05/06/2024
Now playing Next Business Telecoms firm Iliad records strong results driven by French market The company, which also operates in Italy and Poland, saw its most dramatic quarterly revenue increase in France in nearly 10 years. 30/05/2024
Now playing Next Business Italian insurer Generali sees strong life insurance revenue in Q1 2024 The insurance company saw robust performance across the board, but especially in the property-casualty insurance sector. 21/05/2024
Now playing Next Business Commerzbank notes highest numbers in more than a decade Although the current higher interest rate environment is favourable for Commerzbank, things could change if the European Central Bank decides to cut rates this summer. 15/05/2024
Now playing Next Business Allianz, Europe's largest insurer, sees double-digit jump in profits Profits at the German insurance group were driven by its property-casualty segment, which benefited from higher prices and relatively benign claims from natural catastrophes. 15/05/2024
Now playing Next Business Headache for Bayer as results show fall in Q1 sales and earnings Mixed earnings results from the German Bayer Group put the pharmaceutical giant's share prices on a rollercoaster ride in Tuesday's early trading. 14/05/2024
Now playing Next Business IAG profits soar in first quarter as tourists return to the skies A recovery in the business travel market and increased numbers of holidaymakers flying for winter breaks to the Caribbean all contributed to a major increase in profits. 10/05/2024
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