By Alexei Oreskovic and Jennifer Saba. Mon May 20, 2013 4:28pm BST. (Reuters) - Yahoo Inc said it is buying blogging service Tumblr for $1.1 billion (722.3 million pounds) cash, giving the struggling Internet pioneer a much-needed platform in social media ...

By Sudip Kar-Gupta. LONDON | Mon May 20, 2013 5:35pm BST. LONDON (Reuters) - Britain's benchmark equity index rose on Monday to its best closing level since late 2000, helped by rising bank stocks, and analysts said there was little holding it back ...

The fallout from last year's West Coast mainline fiasco was the �final straw� that forced FirstGroup to launch a heavily discounted rights issue on Monday, according to its chief executive.

The president of the CBI is delivering a firm message from some of Britain's largest employers to David Cameron, calling on him to stop "moralising" on how multinational corporations should be taxed.

The European Commission investigation into the possible manipulation of oil price benchmarks has widened, with Brussels seeking new information from trading houses, including Glencore, following last week's raids on oil majors.

Europe is considering extending protection for �insured� deposits of up to �85,000 to all depositors. Last week, George Osborne attacked the plan, saying it could create �perverse incentives� in the markets.

Households struggling with rising costs were told in no uncertain terms today to expect the squeeze on their incomes to continue for the foreseeable future as the influential Ernst & Young ITEM Club warned above target inflation would be a fact of life for at ...

The independent board of Eurasian Natural Resources Corp has rejected a proposed offer by the embattled London-listed miner's billionaire founding shareholders to take it private.

Marks & Spencer has become the latest in a string of UK companies to face criticism from tax campaigners over the way it structures its online sales to Europe - with one describing its sales operation as similar to that of the internet retail giant Amazon.

LONDON�Budget carrier Ryanair Holdings PLC is targeting expansion in Northern Europe as it pursues an ambitious growth strategy with plans to increase traffic by 25% over the next five years.