Now playing Next Business ASML reports boost in full-year sales as it shares outlook for 2025 ASML's robust results come at a time when the semiconductor and artificial intelligence (AI) market is reeling under the shock of new entrant DeepSeek, a new arrival from China. 29/01/2025
Now playing Next Business LVMH sells Stella McCartney minority stake as luxury sector struggles LVMH has already sold the streetwear fashion brand Off-White recently, as well as its stake in Cruise Line Holdings amid dampened global demand for luxury goods and falling Chinese sales. 28/01/2025
Now playing Next Business EasyJet's losses ease as airline sees gain in year-end passengers The airline says it has succeeded in narrowing headline pre-tax losses through cost-cutting measures and a rise in demand for package holidays. 22/01/2025
Now playing Next 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. 05/12/2024
Now playing Next Business Adobe shares plunge on downbeat forecast and competition worries Despite a robust fiscal year 2024 first quarter, the company anticipates a downturn in the second quarter as competition from other artificial intelligence companies grows. 15/03/2024
Now playing Next Business Lego growth continues to slow down amid struggling toy market The Danish toy manufacturer's 2023 revenue was up 2% compared with the previous year, reaching DKK 65.9 billion (€88.4 billion). 12/03/2024
Now playing Next Business Porsche revs up for intro to new models but puts brake on profit hopes German car maker Porsche reveals details of new versions of favourite models due for release this year as it adds electric sports car into the mix. 12/03/2024
Now playing Next Markets Is the luxury goods market back to normal? The global luxury goods market’s growth is back to normal, a new report shows. The post-pandemic rebound seems to be over, but numbers remain high with €1.5 trillion for the industry’s market projected in 2023. 14/11/2023
Now playing Next Business Guinness manufacturer Diageo sees stock plunge on profit warning Shares in Guinness beer maker Diageo plunged 15.44% in afternoon trade on Friday as investors reacted to the company’s latest earnings report. 10/11/2023
Now playing Next Markets Wizz Air reduces income forecast amid difficult operating conditions Low-cost airline Wizz Air has reduced its projections to the range of €350–€400 million, in an announcement that sent its share price down 8%. 09/11/2023
Now playing Next Markets France’s Credit Agricole sees 13% revenue growth in Q3 Credit Agricole has announced a 13% growth in revenues this quarter compared to last year, but it now has allegations of money laundering to contend with. 08/11/2023
Now playing Next Business Nintendo profits jump after boost from Super Mario movie Nintendo reported an 18% rise in net profit for its first fiscal half on Tuesday, as sales continued to get a boost from its hit Super Mario movie and the popularity of its software for various new video games. 07/11/2023
Now playing Next Markets Samsung profits at 8-year low, but hope is in sight The South Korean tech company published its early estimates for the third quarter of 2023 on Wednesday, announcing a 78% drop in profits compared to the same time last year. The results are better than expected. 11/10/2023
Now playing Next Money Bitcoin price rise pushes buoyant crypto market past $2 trillion Putting the woes of the first quarter behind it, including the Ukraine war, a buoyant Bitcoin has helped push other cryptos up in value. 29/03/2022
Now playing Next Money Bitcoin falls below $40,000 for first time since September The world's most valuable crypto has once again plunged in value, briefing dipping below the $40,000 mark on Monday. 10/01/2022
Now playing Next Economy Investors get slice of Apple's pie Apple Inc. reveals they're looking to reduce cash reserves to net zero 02/02/2018
Now playing Next World News Apple frenzy back around the world for iPhone X iPhone fans around the world have joined queues on the streets to be the first to get their hands on the new iPhone X 03/11/2017
Now playing Next Business Series Philips Lighting IPO enjoys bright start Philips Lighting enjoyed a positive first day of trading as a newly spun-off independent company. 27/05/2016
Now playing Next Business Series H&M's April sales chilled out by unseasonably cold weather H&M said unusually cold weather in several key markets led to a smaller than expected sales rise in April. 16/05/2016
Now playing Next Business Series Banca Monte dei Paschi di Siena benefits from Q1 profit Shares in Italy's Banca Monte dei Paschi di Siena got a little bit of a boost on Friday from its better-than-expected first-quarter profit of 93 million euros. 06/05/2016