Now playing Next Business Series Tata Steel wants to sell UK business, finding a buyer will be a problem India's Tata Steel has decided to sell its steel making operations in Britain, but will likely struggle to find a buyer amid falling prices and huge overcapacity in China. 30/03/2016
Now playing Next Business Series Foxconn to take over Sharp for reduced price Taiwan's Foxconn is to acquire the struggling Japanese technology firm Sharp but after much wrangling which creates doubts on how well they will work together. 30/03/2016
Now playing Next Business Series Bouygues-Orange deal 'on track' France biggest telecoms operator, Orange, is reportedly making good progress on an agreement to buy Bouygues Telecom. 14/03/2016
Now playing Next Business Series Vivendi increases Telecom Italia stake French media group Vivendi has raised its stake in Telecom Italia to 24.9 percent which gives it effective control of the company without the expense of taking it over. 14/03/2016
Now playing Next Business Series Barclays quits Africa as profit falls Barclays is quitting Africa after almost a century of doing business there. The announcement came as it reported pretax profit last year was 5.4 billion pounds, down 2% on 2014. 01/03/2016
Now playing Next Business Series Commodity markets rout slams miner Glencore's profit 2015 was a grim year for mining company and commodity trader Glencore with profit down by almost a third as prices for copper, nickel, zinc, iron-ore and coal slumped to multi-year lows. 01/03/2016
Now playing Next Business Series London beats Hong Kong to keep HSBC headquarters HSBC has decided to keep its headquarters in Britain. The unanimous decision by the board of Europe's biggest bank rejected the idea of shifting to Hong Kong. 15/02/2016
Now playing Next Business Series Deutsche Bank's shares get boost from bond buyback reports Deutsche Bank's shares recovered some ground on reports it is considering buying back several billion euros of its debt. 10/02/2016
Now playing Next Business Series Oil write down hits Moller-Maersk profits Danish shipping and energy group Moller-Maersk reports a loss of $2.5 billion for Q4 2015 as it writes down the value of its oil assets. 10/02/2016
Now playing Next Business Series BMW enjoys bumper January sales BMW reports a 7.5 percent rise in monthly car sales in January with increases in Europe and China and falls in the US as winter storms deterred buyers. 10/02/2016
Now playing Next Economy Barclays slashes jobs at investment banking division Barclays will cut about 1,000 jobs in investment banking worldwide as new Chief Executive Jes Staley wields the axe in a bid to reduce costs and boost returns. 21/01/2016
Now playing Next Economy Apple plans app development centre in Italy The southern Italian city of Naples has been chosen by Apple for the first of a series of app development centres. The idea is to train app 21/01/2016
Now playing Next Business Series Renault recalls thousands of vehicles for emissions modifications French carmaker Renault is to recall more than 15,000 vehicles to undergo engine modifications to comply with emission standards. 19/01/2016
Now playing Next Business Series Uber goes to new heights with Airbus Uber and Airbus are to join forces for an on-demand ride service with helicopters at the Sundance Film Festival 18/01/2016
Now playing Next Business Series Huawei smartphones top the 100 million sales mark Huawei has become the first Chinese company to ship more than 100 million smartphones. The 2015 shipments defied a market slowdown and jumped 44 06/01/2016
Now playing Next Economy Rio Tinto cuts spending forecast for 2016 Rio Tinto, the world’s second-largest mining company, has cut its capital spending forecast for next year to $5 billion. Its previous estimate was 08/12/2015
Now playing Next Economy Bouygues and Orange play down acquisition reports France’s largest telecoms operator Orange has been in talks to buy certain assets from Bouygues Telecom, according to a report by Bloomberg. It 08/12/2015
Now playing Next Economy Electrolux shares fall after General Electric pulls plug on deal Electrolux shares fell by over 10 percent on Monday after a deal worth three billion euros to buy General Electric’s appliance business fell through 07/12/2015
Now playing Next Europe News EU opens McDonald's tax probe The European Commission has opened an investigation into the tax affairs of fast food giant McDonald’s. EU competition officials will look at the 03/12/2015
Now playing Next Economy Spain's solar energy firm Abengoa begins insolvency proceedings Spain’s troubled renewable energy company Abengoa is said to have begun insolvency proceedings after talks with a potential investor broke down. The 25/11/2015