Luxury Car Maker BMW Sees Profit Hit by Competition

Bayerische Motoren Werke AG, the world’s biggest maker of luxury cars, reported second-quarter profit that beat analyst estimates as the company sold more 1 series compacts and X3 sport-utility vehicles.

UBS' CEO Sees a Bit of Momentum in 1Q
41:03 - Sergio Ermotti, chief executive officer at UBS, discusses the company's first-quarter results, cross-border outflows and his outlook for the investment bank. He speaks to Bloomberg's Manus Cranny in Zurich following the bank's earnings release. (Source: Bloomberg)
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