How does Yahoo Inc. Chief Executive Marissa Mayer justify her company's $1.1 billion purchase of blogging site Tumblr? One word: growth.

U.K. Prime Minister David Cameron held back from discussing the tax affairs of Google Inc. (GOOG) during a meeting with business leaders who included the California-based company's executive chairman, Eric Schmidt.

The struggling bus and train operator FirstGroup tapped investors for �615 million to cut debts and axed the dividend as profits slumped.

The European Commission investigation into the possible manipulation of energy 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.

Minority shareholders in Eurasian Natural Resources Corp are unlikely to receive a large premium after the independent board of the embattled FTSE 100 miner rejected a proposed offer as too low, according to analysts.

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 ...

Ryanair is aiming to achieve further growth at the expense of European flag carriers in the next five years, as it announced a 16 per cent increase in underlying operating profit for 2012-13.

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.

Two-thirds of British families will holiday in the UK this summer amid a cost of living squeeze that means a foreign holiday is a luxury that will have to be sacrificed.