Swedish truck-maker Volvo saw its second-quarter net profits fall by nearly 5% today, mainly on the back of a fall in sales in Brazil and Europe and higher investment costs related to future products.

Swedish truck maker Volvo said its profits surged by 36% in the third quarter due to increased sales and higher financial incomes.

Cork city took a step closer to the UEFA cup tonight with an impressive 1-0 away victory over opponents Malmo.