Now playing Next Business L’Occitane owner looks for clean sweep to take skin-care firm private Austrian billionaire Reinold Geiger offers to buy up shares and take the company back into private hands to focus on "rebuilding the foundation for the long-term sustainable growth of our company". 30/04/2024
Now playing Next Markets FTSE hits new record as Associated British Foods posts strong results London's FTSE 100 hit an all-time high on Tuesday as traders digested latest economic data and positive corporate earnings from Primark owner Associated British Foods. 23/04/2024
Now playing Next Business Shell fuels fears of London exodus as it considers move to New York Shell is considering a move to New York, as the divide widens between traditional investors, who want the company to focus on oil and gas, and activist investors, who want more renewables. 09/04/2024
Now playing Next Markets Back to basics: Want to start investing but don't know how? Investing can seem daunting if you're a beginner. Here's a simple guide to help you get started. 09/04/2024
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 Markets Trump set to cash in as shares in his media platform Truth Social soar Former US President Donald Trump looks set to cash in on significant windfall revenue as shares in his social platform soar on the stock market. 26/03/2024
Now playing Next Markets Reddit’s market value climbs to almost $10 billion following IPO debut Social platform Reddit saw its stocks skyrocket after offering formerly private shares for public purchase. 22/03/2024
Now playing Next Markets Reddit IPO raises $748 million as it sells in-demand shares Social platform Reddit has priced its shares at the top of a market range, bringing the firm's value to $6.4 billion (€5.9 billion). 21/03/2024
Now playing Next Business Reddit's fans set to grabbit as supporters pile in for stock The social media platform plans to go public on Thursday looking to raise up to $748 million through the sale of 22 million shares. 18/03/2024
Now playing Next Economy Ranked: Which cities are Europe’s best financial hubs? The US has five financial centres in the global top 10 while Europe only pulls in two, but how do European cities rank among themselves? 16/03/2024
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 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 Lyft shares rocket 62% over a typo in the company's earnings release Lyft shares jumped 62% after the closing bell on Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that appears to have sent investors' auto-trading algorithms - or “bots” - into a buying frenzy. 14/02/2024
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 Markets Who are the GRANOLAS? A look at Europe's 'Magnificent Eleven' stocks Goldman Sachs shines a light on Europe's market leaders, dubbed the 'GRANOLAS', echoing the 'Magnificent Seven' of Wall Street. With a combined market cap exceeding €2.6 trillion, these firms continue to dominate sectors and outperform in European markets. 13/02/2024
Now playing Next Markets Novo Nordisk crossroads: Can the pharma giant address the supply woes? Novo Nordisk faces a pivotal moment as it grapples with supply issues amid soaring demand for its weight-loss drugs. Despite impressive financial gains and market dominance, the Danish pharma giant must navigate a critical decision. 10/02/2024
Now playing Next Markets European shares rise as S&P 500 hits record high as earnings thrill Shares climb in Europe as the S&P 500 hits the 5,000 level for the first time as strong financial results continue. 08/02/2024
Now playing Next Markets AstraZeneca shares tumble despite posting strong sales for cancer drug Shares in AstraZeneca were down nearly 4% on the London Stock Exchange on Thursday morning after reporting its latest financial results. 08/02/2024
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