Allianz beat second-quarter profit expectations with a $2.6 billion net income, as shares climbed by 2.2%.
However, it still has a way to go to recoup the decline of 7%, after the US Department of Justice began an investigation into losses at its fund management division.
Airbus has warned employees of hundreds of possible job losses at its small parts manufacturing business.
Qatar Airways has also grounded 13 Airbus A350s due to fuselages degrading at an accelerated rate.
Timestamps:
- ALV 02:10
- AIR 03:55
