Now playing Next Business German energy firms gridlocked after state U-turn on buy-in plans The state has abandoned plans to buy part of TenneT, which operates Germany's biggest power grid network. The U-turn has spooked energy firms EnBW and RWE. 21/08/2024
Now playing Next Business Vaccine makers see share prices spike as concerns grow over Mpox The share prices of a number of healthcare and pharmaceutical companies worldwide rose on Friday as the World Health Organisation (WHO) declared a rapidly-spreading African Mpox outbreak a public health emergency. 16/08/2024
Now playing Next Business Ed Sheeran shows support for football club by acquiring minority stake The singer, who was born in West Yorkshire but grew up in Framlingham in Suffolk, has been a longtime supporter of Ipswich Town. He says that the opportunity is "any football fan's dream". 16/08/2024
Now playing Next Business Aston Martin on track to raise production despite widening losses Gaydon-based Aston Martin saw losses mount in its first half year. Despite that, the company says it will increase production in the second half of 2024. 24/07/2024
Now playing Next Markets Microsoft and CrowdStrike shares drop after IT outage savages systems Shares in CrowdStrike and Microsoft were in the red on Friday after a global IT outage hit companies and industries worldwide. 19/07/2024
Now playing Next Business Tiger Global set to take charge of Revolut's million-dollar share sale Revolut saw record profit before tax for the full year 2023, further cementing its position as Britain's most valuable fintech. 17/07/2024
Now playing Next Business UK's FCA shakes up listing regulations to attract more companies The move comes as the London Stock Exchange has been struggling for several months to retain companies looking to leave the UK and list in more welcoming markets such as the US. 11/07/2024
Now playing Next Business Carlsberg taps into Gen-Z's sweet tooth with Britvic buy The Danish brewer's offer to build a UK beverage powerhouse has finally been accepted after two failed bids. 09/07/2024
Now playing Next Markets Birkenstock's key shareholder to offload stock despite rosy forecast US private equity firm L Catterton will still hold the biggest slice of the Birkenstock pie. 27/06/2024
Now playing Next Business Revolut in talks to sell close to €500 million of existing shares The UK fintech firm, already one of Europe's most-valuable startups, is seeking to shore up shareholder liquidity without yet launching an IPO. 21/06/2024
Now playing Next Business Raspberry Pi shares rise by more than a third on London market debut Although Raspberry Pi has seen impressive interest in its IPO so far, with its share price soaring just after the launch, the dangers of a post-IPO plunge, like Deliveroo, remain a risk. 11/06/2024
Now playing Next Markets London Stock Exchange urged to do more to hold onto retail traders The UK stock market needs to improve investor communication and engagement in order to retain its individual traders, according to a report from online trade and investor provider CMC Markets. 07/06/2024
Now playing Next Markets Nvidia's market valuation tastier than Apple's ahead of share split Nvidia overtakes Apple in market cap, topping $3 trillion one day before the 10-for-1 share split commencement. 06/06/2024
Now playing Next Business Golden goose brand worn by Taylor Swift planning Milan IPO Italian firm Golden Goose, famous for its "shabby chic" trainers, announced on Thursday its intentions to list on the Milan stock exchange in June. 31/05/2024
Now playing Next Markets 'Meme Rally' sparks 70% share price leap for GameStop on single X post US video game shop GameStop's share price more than doubled as the result of a a 'meme rally'. But what is it and how can it move millions of dollars? 14/05/2024
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 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 Flutter takes a punt on move from London to New York listing Flutter Entertainment is the latest of several UK and European companies planning to gamble on a brighter future on Wall Street. 02/05/2024
Now playing Next Markets French companies share buyback was on record in 2023. But why? French companies are buying back their shares like never before. Reportedly, the French government is planning to tax these buybacks. 29/04/2024