Dec 16 British newspaper publisher Trinity Mirror said it expected print advertising revenue to fall 17 percent in the final quarter, underscoring financial pressures on newspapers and digital media.
Trinity Mirror joined other British newspapers including the Daily Mail in highlighting declining print and circulation revenue and volatility in the advertising market.
Trinity Mirror, which publishes the Daily Mirror and Sunday Mirror, also said it expected a 5 percent fall in circulation revenue in the fourth quarter. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Amrutha Gayathri)
UPDATE 3-Mexican peso's slump hits Kansas City Southern profit
CHICAGO, Jan 20 Kansas City Southern on Friday reported a lower quarterly net profit that missed Wall Street estimates by a wide margin as a historic drop in the Mexican peso after the election of President-elect Donald Trump affected the regional U.S. railroad's operations in Mexico.
UPDATE 3-Germany says U.S. under Trump must abide by trade deals
BERLIN, Jan 20 The United States must stick to international agreements under the presidency of Donald Trump, German Finance Minister Wolfgang Schaeuble said on Friday, adding he did not expect a major trade war despite Trump's attack on German car makers.