The Week: City news - Metro to sell further titles

Metro International, the free newspaper publisher, is in talks to sell its titles in Italy and Portugal.

The group, which recently announced that it is selling its loss-making US newspapers, said that losses in the two markets totalled EUR2.5 million. Metro also revealed that sales in April declined by 18 per cent against the same month last year to EUR19.2 million. Led by the chief executive, Per Mikael Jensen, Metro said that sales in May are expected to decline by 9 per cent.