Mecom journalists may not be too impressed by their company's latest cost-cutting plans, but investors like what they see: Market Insider reports that "ABN Amro raises its price target to 99p from 82p as it assesses the impact of a series of deals costing £570m and which include the takeover of Berliner Zeitung."

Striking journalists at Danish Mecom newspapers B.T. and Berligske Tidende resumed work on Tuesday, following consultations in the morning at Berlingske and in the afternoon at B.T.