This morning Yahoo announced that it reached deep into its pockets for $1.1 billion and used the cash to acquire Tumblr, the social media and blogging network.

The benchmark index of leading shares advanced 32.57 points to close at 6,755.63 on Monday, its highest since September 2000, as global markets continued to power upwards.

WASHINGTON� Even as Apple became the nation's most profitable technology company, it avoided billions in taxes in the United States and around the world through a web of subsidiaries so complex it spanned continents and surprised experts, ...

The backlash against corporate tax avoidance could end up costing the country jobs and investment, a Treasury minister has warned, as David Cameron outlined plans for international action on closing loopholes at a meeting with Eric Schmidt, Google's ...

High inflation has cost the economy �10billion over the last three years, according to Ernst & Young. The accountants warn households face spiralling energy and food bills and rail fares.

Ryanair wants to more than double its share of the European short-haul market to 20 per cent in the next five years. The target was revealed as the budget carrier brushed off higher fuel costs to post a record annual profit of �569 million.

The FTSE 100 has closed at its highest level for nearly 13 years, finishing 32 points up on the day at 6,756. That leaves it just short of the FTSE's all-time highest finish - the level of 6,930 reached in December 1999.

To the uninitiated, there may not seem to be much difference between a salmon reared in Loch Fyne or the Hebrides. Yet, J Sainsbury was on Monday forced to apologise for mixing up the two areas of western Scotland in a labelling error that highlights ...

The wealthy district of Elmbridge in Surrey, just off the M25, paid more in tax in 2010/11 than Google did - 200 times more. This leafy haven for high-net-worth individuals - Gary Lineker and Cliff Richard live there - paid a total of �1.18bn in income tax, which ...

Mitie boss Ruby McGregor-Smith yesterday rounded on the Government's attempts to attract investment in new energy projects. She said endless bureaucracy was stifling investment and added that the outsourcing firm faced 18 months of delays on its own ...