As newspapers struggle, Los Angeles gets another daily
Upstart Los Angeles newspaper, the L.A. Register, debuts in dour financial climate of decreasing ad sales, decimated newsrooms, declining readership and a market shifting toward online content. Vanessa Johnston reports.
German business software maker SAP warned on Thursday that it expected the negative impact of volatile exchange rates to worsen in the second quarter as the strong euro weighs on its financial results. (ROUGH CUT - NO REPORTER NARRATION)
Britain's Co-operative Group has announced losses of 2.5 billion pounds in what the country's biggest mutual describes as a disaster. As Ciara Sutton reports 2013 was the worst 12 months in the Co-op's 150-year history.
Registration data suggests Europe's car sales recovery may be taking hold but as Julian Satterthwaite reports a confidential industry survey shows the pickup is failing to halt a price war.