Business

Rising fuel costs crimp profits at IAG airline group

Rising effective fuel costs helped push operating profits lower at British Airways parent company IAG in the first half of the year, although the group managed to increase revenue from passengers despite intense competition ...

Automotive

Ferrari sales, profits accelerate

Luxury sports carmaker Ferrari beat analyst expectations on Friday as sales and profits accelerated in the second quarter despite the global auto market hitting the brakes.

Automotive

BMW profits dented by electric vehicle investment costs

German high-end carmaker BMW on Thursday reported slumping second quarter profits, with pricey investment in electric cars sapping the bottom line, but it remained confident of hitting its financial targets.

Business

Fiat Chrysler posts weaker sales, higher net profit

Fiat Chrysler (FCA) has been hit by slowing sales that have afflicted the car industry worldwide, but the Italian-US automaker said Wednesday that it nonetheless managed to boost second-quarter profits.

Business

Air France-KLM profits climb in 'challenging' market

Air France-KLM reported a solid increase in profits Wednesday as more people flew on its network, but growth was held back by higher fuel prices that will put more pressure on the group to find ways to hold down costs.

Energy & Green Tech

France to try again with solar road plan

French local authorities said Wednesday that a high-profile "solar highway" experiment in Normandy had failed, but vowed to try again with new panels on a shorter stretch of road.

Business

Iceland tops Europe as most expensive

The hot springs of Iceland are not the only thing making tourists sweat, as a look at the hotel or lunch bill will tell you that most things cost more, sometimes much more, than anywhere else in Europe.

Business

EU antitrust fines: Google pips Google to top spot

The EU hit Google on Wednesday with the biggest fine ever against a company for abuse of a dominant market position—surpassing a previous record also held by Google.

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