AFP Swedish truckmaker Scania beat analysts' expectations with its fourth quarter results, but stayed vague on its outlook for this year after 2009 proved disastrous for the industry. The company, whose main shareholder is Germany's Volkswagen, reported net profits of 822 million

VIRGIN Blue has provided further evidence the travel industry is emerging from one of its toughest years after the airline upgraded its pre-tax profit forecast to as much as $110 million for the full year. The profit upgrade has also raised expectations Qantas may issue improved full-year

The discussions, involving the Italian treasury, are at an early stage, said the person, who declined to be identified because the talks are private. The future ownership of Telecom Italia’s fixed-line network, which the government wants to keep in local hands for national security

The discussions, involving the Italian treasury, are at an early stage, said the person, who declined to be identified because the talks are private. The future ownership of Telecom Italia’s fixed-line network, which the government wants to keep in local hands for national security reasons, is