Having raised finance by selling assets and from a share issue completed in August, Fiat is using part of the money to overhaul its product line.

ECONOMIST: Fiat

In Llangollen, a landslip near the river Dee has forced the heritage steam railway to terminate services at Glyndyfrdwy, part way along its usual route until restoration work can be completed in the new year.

BBC: The River Towy's banks have burst in Carmarthen

Verizon Wireless has completed three spectrum license sale transactions following agreements reached late last year as part of the open sale process for its 700 MHz A and B Block licenses.

ENGADGET: Verizon wraps up 700MHz spectrum sales to three rural telecom firms