Venezuela raises foreign oil tax

British Airways profits plummet
Half-year profits at British Airways fall 91.6% to £52m, with the airline blaming "incredibly difficult trading conditions".

Profits fall at Marks and Spencer
Half-year profits at Marks and Spencer fall 34% as the weakening economy takes its toll on consumer confidence.

Ryanair upbeat as profits fall
Profits at budget airline Ryanair fall 47%, but the Irish firm says it believes falling oil prices will help it bounce back.

Weak sales to hit Suzuki profits
Carmaker Suzuki issues a profit warning, blaming falling sales, the strong yen and higher material costs.

VW defies the economic slowdown
Volkswagen manages to report rising profits despite the global economic slowdown that is hitting the car industry.