Notizia

LONDON (Reuters) -BMW posted a rise in first-quarter profit on Thursday, boosted by a reevaluation of the German car maker's stake in its Chinese joint venture and strong pricing, and maintained its 2022 outlook despite volatile prices for commodities and energy.

Carmaker Stellantis said on Thursday its sales rose 12% in the first quarter, supported by strong pricing and vehicle mix and also by exchange rate tailwinds, but it sees only a partial recovery in microchip supply issues this year.

Shell reported on Thursday a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices and a strong performance of its trading division.

Promises of policy support and a possible meeting between tech giants and China's leaders this week have helped stem a rout in the country's stock markets for now, but investors expect it is unlikely to attract new inflows until the economy stabilises.

Carmaker Stellantis said on Thursday its sales rose 12% in the first quarter of this year supported by strong pricing and vehicle mix, but also by favourable exchange rate effects.

LONDON (Reuters) -BMW posted a rise in first-quarter profit on Thursday, boosted by a reevaluation of the German car maker's stake in its Chinese joint venture and strong pricing, and maintained its 2022 outlook despite volatile prices for commodities and energy.

BMW said on Thursday its first-quarter profit soared thanks to a reevaluation of the German carmaker's stake in its Chinese joint venture, while strong pricing offset lower sales hit by supply chain issues.

Germany's flag carrier Lufthansa reported a bigger-than-expected quarterly loss on Thursday as rising fuel costs cancelled out revenue gains from booming travel demand after lifted COVID-19 restrictions.

Air France-KLM posted a first-quarter core profit that landed ahead of its own forecasts, fuelled by a recovery in ticket sales and lower unit costs, the Franco-Dutch airline group said on Thursday.