English

More about this topic

Business

Strong US demand helps Watches of Switzerland clock up revenue

Although luxury watch revenues saw a slight dip, mainly because of one-time rises in showroom stocks, the company reported an increase in demand from the US.

Economy

Black Friday scams: How can shoppers better protect themselves?

Euronews Business looks at the reasons behind the rising number of Black Friday scams and explores how shoppers can better protect themselves.

Business

ASML remains bullish for 2030 outlook as AI demand stays high

The confirmation of earlier guidance from the Dutch semiconductor group is aimed at boosting investor confidence following the company's disappointing order intake in the third quarter of the year.

Business

Bayer shares fall as pharma giant’s results fail to cheer investors

Bayer’s share price fell on Tuesday, following the company releasing lacklustre third quarter earnings with a warning that the current challenges may also impact next year’s results as well.

ADVERTISEMENT

Business

Aston Martin's losses narrow as car maker's new models boost sales

Aston Martin saw a fall in pre-tax losses for the third quarter of 2024, as sale volumes rose following a range of new model launches, including the release of the DBX707 and the new Vantage.

Business

Renault tops expectations as new model demand boosts sales

The French car manufacturer, Renault, experienced a better-than-expected revenue performance in the third quarter of the year, as demand for new models soared, leading to increased sales.

Economy

EU new car registrations for September stay on downward trend

EU new car registrations in September were mainly dampened by poor figures from France, Italy and Germany. Once again, Spain bucked the trend.

Business

Porsche sales plunge as Chinese competition heats up

German automaker Porsche has experienced dropping sales as competition in China continues to rise, with demand for some of its key electric models falling as well.

Business

Turkish firm buys company formerly owned by fallen business tycoon

Sabanci Holdings has bought a majority stake in Mannok, once the prized firm of Seán Quinn - and since a victim of several attacks and sabotage attempts.

Business

Diageo spirits sink as Latin American sales fail to perform

London spirits maker Diageo's shares dropped 8% in early trading as it reported plummeting sales in Latin America and the Caribbean. The spirits maker warned that challenges remain.

Business

Car sales in Europe decline: Is the future of electric cars at stake?

In March, car sales in the EU registered a decline with consumer behaviour trends shifting.

Business

Netflix reports strong subscriber gains as earnings beat forecasts

The world’s largest video streamer, Netflix, beat market expectations in its first-quarter earnings. However, the robust results failed to lift its share price due to weaker-than-expected guidance.

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.

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.

Business

Volvo sees record sales in March boosted by electric SUV sales

Volvo Cars saw robust sales in March 2024, boosted by the growing popularity of their fully electric and plug-in hybrid models.

Economy

Car sales rev up in February as hybrids take Europe's top slot

Hybrid-electric car sales grew the most in the EU last month but petrol-fuelled cars are still in high demand.

Economy

'Buy one, get one free': France forbids supermarket mega sales

French supermarkets can no longer offer discounts of more than 34% for various personal and household products. The new law aims to protect smaller companies against the might of multinationals' mega sales. But how will it work for consumers?

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.

Business

Primark sales shape up trading figures for Associated British Foods

Primark's market share touched a record high of 7.1% in December, despite early challenges due to an unusually warm winter.

Economy

UK shoppers tightened their purse strings over Christmas

The gloomy picture is fuelling fears of a recession, with the December fall being the biggest one recorded since January 2021, a period that was heavily affected by pandemic-related restrictions.