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Yahoo! vows not to ruin Tumblr after $1.1 bn takeover Marissa Mayer has made her boldest move to date as chief of Yahoo! with the billion-dollar purchase of Tumblr, a popular blogging platform she vowed not to ruin after protests from youthful users.

21 May 2013

Yahoo! looks to Tumblr as elixir for revival Yahoo! geared up for a major announcement Monday said to be a $1.1 billion deal to take over popular blogging platform Tumblr, a move that could bring a younger, hipper audience to the struggling Internet pioneer.

20 May 2013

Toyota becomes Asia's biggest firm by market value Toyota has accelerated past South Korea's Samsung Electronics to become Asia's biggest company by market value, after the Japanese automaker's shares doubled in the past year.

16 May 2013

BHP to scale back capital spending by a fifth Global mining giant BHP Billiton has outlined plans to slash capital spending by almost a fifth, with new chief executive Andrew Mackenzie warning the brakes could be applied even further.

15 May 2013

Icahn revamps Dell offer, calls buyout 'giveaway' A battle for US computer giant Dell heated up Friday as corporate raider Carl Icahn and other investors made a new offer and called a planned buyout led by company founder Michael Dell a "giveaway."

11 May 2013

New Zealand's Mighty River in strong stock market debut Shares in hydro-electric generator Mighty River Power debuted on the New Zealand stock exchange at NZ$2.73 ($2.29) Friday, a 9.2 percent premium on the NZ$2.50 initial public offer (IPO) price.

11 May 2013

Branson open to total sale of Virgin Australia Virgin Group chief Richard Branson has aired the possibility of selling his entire stake in budget carrier Virgin Australia, saying the airline's branding is more important to him than ownership.

08 May 2013

Georgia ready to return Kazakhstan management to KazTransGas-Tbilisi Georgia’s Vice-PM and Minister of Energy Kakha Kaladze will come to Astana to discuss returning the management of KazTransGas-Tbilisi to Kazakhstan.

04 May 2013

Jackson death doctor had huge debts, trial hears Michael Jackson's doctor Conrad Murray was in dire financial straits when he was hired to care for the US superstar.

03 May 2013

Best Buy withdraws from Europe US electronic goods retail giant Best Buy confirmed Tuesday it was withdrawing from Europe, selling its stake in its joint venture launched with Carphone Warehouse Group.

30 April 2013

Japan's ANA to test modified Dreamliner Japan's ANA is to test one of its modified Dreamliner jets on Sunday, three months after the worldwide fleet of 787s was grounded, as Boeing seeks to reassure passengers that the planes are safe.

27 April 2013

Japan, France set to win Turkish nuclear plant deal: report A consortium of Japan's Mitsubishi Heavy Industries and France's Areva are on track to win a deal to build a $20 billion nuclear power station in Turkey.

24 April 2013

Activists plant North Pole flag to fight oil drilling Activists have planted a flag at the North Pole along with millions of signatures calling for the Arctic to be declared a global sanctuary protected from oil drilling.

15 April 2013

Benckiser group to buy Dutch Masterblenders for 7.5bn euros Dutch tea and coffee producer D.E. Masterblenders said Friday that it has reached a conditional agreement with a German investor group led by Johann A. Benckiser on a 7.5-billion-euro ($9.8-bn) takeover deal.

12 April 2013

Woodside shelves huge gas project in Australia Australia's Woodside Petroleum Ltd. on Friday announced it was shelving onshore plans for the controversial multi-billion-dollar Browse liquefied natural gas export project.

12 April 2013

Kazakhstan and Russia to join in grain transportation Kazakhstan's KazTemirTrans and Russian RusTransCom (RusAgroTrans) will establish a joint company for grain transportation.

09 April 2013

Huawei looks to win back faith of United States Chinese tech giant Huawei said Monday that it hoped to "solve the challenges and problems" it has in the United States after Washington labelled it a security threat last year.

08 April 2013

Shell puts last Australian refinery on market Global energy giant Shell announced Thursday it was selling its last remaining Australian refinery to focus on more sizeable assets abroad, a move that threatens 470 jobs.

04 April 2013

Apple apologises after China outrage Apple chief executive Tim Cook has apologised to Chinese consumers after the US technology giant was subjected to a barrage of criticism in state-run media over alleged "arrogance" and double standards.

02 April 2013

UPS to pay $40 million for illegal pharma shipments UPS Friday agreed to forfeit $40 million and implement a compliance program after a Department of Justice probe found the company delivered drugs on behalf of illegal online pharmacies.

30 March 2013

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