Volkswagen sees 'good start' to 2018 despite slip in profits

German car giant Volkswagen on Thursday reported a small drop in profits but nonetheless said strong sales got the year off to "a good start", as new CEO Herbert Diess pushes on with a post-dieselgate revamp of the behemoth.

Telefonica sales hit by end of roaming charges

Spanish telecoms giant Telefonica saw its sales plunge in the first quarter due to the end of roaming charges in Europe, but still posted a 7.4 percent rise in net profit.

SAP more ambitious after soaring Q1 profits

German business software maker SAP lifted its full-year forecasts Tuesday, as it hailed a lift-off in profits in the first quarter and saw new opportunities after buying a US software firm.

BMW posts record net profit of 8.7 bn euros for 2017

German luxury carmaker BMW said Thursday its 2017 net profit soared 26 percent to a record 8.7 billion euros ($10.7 billion), driven by strong demand for electrified vehicles and a tax bump from the United States.

Engine maker Rolls-Royce powers back into profit

Rolls-Royce, the British maker of plane engines and other power systems, roared back into net profit last year, largely as the pound recovered, the company revealed on Wednesday.

Japan's SoftBank prepares listing of mobile unit

Japanese telecoms giant SoftBank on Wednesday said it had begun preparing to list its mobile unit in a move reports said could raise up to $18 billion, making it one of the country's biggest ever initial public offerings.

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