BREAKING NEWS

2009-10-16

Business

Markets: 16th October

European shares finished down 1.5 percent after having earlier hit a one-year high thanks to better than expected earnings from IBM and Google

Business

Mattel's sales decline

Tough times continue in the toy world. Mattel, the world’s biggest toymaker,said its latest quarterly profit declined as recession hit consumers

Business

VW to sell new shares

Volkswagen is to seek between eight and 10 billion euros from its investors through the sale of new preferred shares. Europe’s biggest carmaker

World

Lukoil looks to the future

Russia’s largest private oil producer Lukoil is working on expanding its presence in Western Europe, recently buying major stakes in oil refineries

Culture

Angrajazz grooves on

Angrajazz, the international jazz festival which is held annually in the Azores, this year welcomed Charles Lloyd into the spotlight. Lyoyd was born