News Headlines - 24 September 2012

BBC News - Detective charged over links with News of the World

The Crown Prosecution Service said Det Ch Insp April Casburn had been charged with misconduct in a public office and would appear in court next month. She is the first person charged under Operation Elveden, which is investigating alleged payments to public officials by journalists.

Spain braced for further austerity as Madrid prepares for bailout | The Guardian

Budget and reform programme to be unveiled on Thursday to feature more spending cuts, tax increases and pension freezes

BBC News - Brittany Ferries strike continues despite weekend talks

Sailings between south and south-west England and France and Spain remain suspended indefinitely, according to a new statement from Brittany Ferries.

Apple's iPhone 5 Cost Rises Slightly - WSJ.com

Some important components used to build Apple Inc.'s AAPL -0.79% iPhone 5 cost a little more than those of the phone's predecessor, owing to an improved display and a more-advanced main processor chip. Yet Apple was able to take advantage of lower costs on other components and kept its overall component expenses just slightly higher.

Japan fund may counter KKR’s Renesas bid - FT.com

A Japanese government-controlled investment fund and leading local companies are considering jointly investing more than Y100bn ($1.3bn) in struggling chipmaker Renesas, Japanese media have reported.