Now playing Next 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. 19/04/2024
Now playing Next Markets Defence stocks: Why are traders nervous about their record run? After a multi-month record-breaking bullish run, European defence stocks saw a sharp decline following Goldman Sachs' overvaluation warning. The downturn sparks concerns about an end to the sector's uptrend. 11/04/2024
Now playing Next Business Beauty group Puig hopes to raise more than €2.5bn by going public Barcelona-based beauty group Puig, owner of Paco Rabanne, Charlotte Tilbury, and Caroline Herrera, announces IPO plans. 08/04/2024
Now playing Next Markets UBS stock rises as Swiss banking giant launches €1.8bn share buyback UBS stock rose on Tuesday morning as the Swiss banking giant announced in a statement on its website that it was launching a share buyback of $2 billion (around €1.8bn) over the next two years. 02/04/2024
Now playing Next Business ProSieben board turns down MFE bid to split German broadcaster German broadcaster ProSiebensat.1 has rejected a bid put forward by MFE-MediaForEurope to split up the company. 27/03/2024
Now playing Next Business Reddit set to go public: Shares from $31 expected this month Social media company Reddit is expected to become public this month. The San Francisco-based company said on Monday it is looking to raise almost $750 million (€686 million) in an initial public offering of its common stock. 11/03/2024
Now playing Next Markets Puma stock slides as German sports brand announces €100m share buyback The buyback programme will launch in March and last for a year, ending in May 2025. 29/02/2024
Now playing Next Markets Online retail giant Shein could provide London's biggest-ever IPO UK Chancellor Jeremy Hunt met the chairman of the online retail giant and talked about its potential listing in the UK. 28/02/2024
Now playing Next Markets Amazon joins Apple and Walt Disney in the 'elite' club of stocks The e-commerce giant will replace drugstore operator Walgreens Boots Alliance on the Dow, before the opening of trading on Monday. 21/02/2024
Now playing Next Markets Barclays stock rises as bank unveils cost-cutting and buyback plans Barclays stock gained nearly 5% on Tuesday morning as the bank unveiled to investors its cost-cutting and buyback plans. 20/02/2024
Now playing Next Markets Travel giant TUI to leave London Stock Exchange in favour of Germany Shares in German travel giant TUI were trading lower on Wednesday morning on the London Stock Exchange as the company announced it will leave the exchange. 13/02/2024
Now playing Next Business Shares flying high for Athens Airport after Greek stock exchange debut Greece put up a 30% stake in Athens International Airport SA, subsequently drawing strong investor interest. 07/02/2024
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 Markets Markets’ week ahead: European stocks slip ahead of Fed rate reveal The US Federal Reserve is expected to announce its interest rate decision on Wednesday, with speculations of a rate cut increasingly losing steam. 29/01/2024
Now playing Next Economy Weekly markets wrap: S&P 500 hits new records, luxury stocks soar European markets benefited from spillover sentiment from US equities this week, as well as upbeat economic data. 27/01/2024
Now playing Next Business SAP plans to 'transform' 8,000 jobs due to AI-driven business One of Europe’s biggest tech companies is restructuring 8,000 jobs in an effort to shift their focus to AI. 24/01/2024
Now playing Next Business Reddit reportedly planning March IPO launch Online discussion platform Reddit is preparing to launch its initial public offering (IPO) amid revenue struggles, according to Reuters. 19/01/2024
Now playing Next Green News Shareholders put pressure on Shell to take ‘credible’ climate action The push for stronger climate action is being backed by a record number of investors who together own around 5 per cent of Shell's shares. 16/01/2024
Now playing Next Business European luxury sector's outlook for 2024: Time to hold or fold? European luxury sector stocks had a negative start to the new year. Bank of America recently provided insights into the sector's outlook for 2024. Analysts emphasise the significance of Chinese consumer behaviour but also raise concerns about challenges faced by 'turnaround' brands. 14/01/2024
Now playing Next Markets Weekly markets' wrap: European stocks bounce up on ECB rate cut hopes European markets were brighter on Friday following fairly optimistic comments from ECB President Christine Lagarde on Thursday about potential interest rate cuts. 13/01/2024