The Week: City news - CBS reveals slide in profits

CBS Outdoor International's fourth-quarter pre-tax profit in 2008 slumped 93 per cent year on year to $3 million, according to the company's latest financial results.

CBS said the decrease partly reflected revenue declines and increased transit costs. CBS Outdoor International's pre-tax profit was down 91 per cent year on year to $6.3 million for 2008.

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1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).