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Airline profits 'to jump 12% in 2016'

Aviation industry body Iata forecasts higher profits for the airline industry, citing the impact of lower oil prices.

Virgin Money reports a strong performance for its first full financial year since it listed on the stock exchange.

US bank Citigroup reports a jump in fourth quarter profits, helped by a big fall in legal costs.

Nike, the world's leading maker of sporting goods, reported a 20% year-on-year rise in net profit for the three months ending November.

Profits at the world's biggest sportswear maker, Nike, beat expectations, helped by a rapidly rising sales in China.

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