Oil spill may take months to clear

MOSCOW, Russia (CNN) — Residue from a large oil spill in the Black Sea region will take more than a month and a half to completely clear, Russian officials said Thursday.
The Ministry for Emergency Situations. ministry said improved weather was helping the effort to clear the spill, which environmentalists fear could damage the area […]

CNN Plans Expansion Overseas

The cable news network CNN Worldwide plans to increase its staff of correspondents by 10 percent as part of a multimillion-dollar investment to increase its ability to produce its own reports, the news network said yesterday.
CNN Worldwide, a unit of Time Warner, said it would invest almost $10 million to add 15 or 16 correspondents […]

Carlsberg raises stakes at Scottish & Newcastle

The Carlsberg and Heineken consortium raised its offer for Scottish & Newcastle by 30p a share today, valuing the Scottish-based brewer at £7.3 billion.
Carlsberg called the new offer a “full and fair” price, pointing out that it valued the group at a considerable premium to its value as an independent entity.
The increased offer sent Scottish […]

German train drivers go on strike

German train drivers have gone on strike over pay.
Freight drivers began a 62 hour strike at 1100 GMT, and are expected to be joined by passenger train drivers at 0100 GMT on Thursday.
Drivers’ union GDL is demanding a 31% pay rise, but the national rail operator Deutsche Bahn is not prepared to improve on its […]