Diageo expects 'challenges' ahead

HP's profits exceed expectations
The world's biggest PC maker, Hewlett-Packard, has revealed better-than-expected net profit in the fourth quarter.

Starbucks sees profits evaporate
Starbucks' fourth-quarter profit is almost wiped out by the cost of closing under-performing outlets and falling customer numbers.

British Airways profits plummet
Half-year profits at British Airways fall 91.6% to £52m, with the airline blaming "incredibly difficult trading conditions".

Profits fall at Marks and Spencer
Half-year profits at Marks and Spencer fall 34% as the weakening economy takes its toll on consumer confidence.

Ryanair upbeat as profits fall
Profits at budget airline Ryanair fall 47%, but the Irish firm says it believes falling oil prices will help it bounce back.