By Alexei Oreskovic and Jennifer Saba. SAN FRANCISCO/NEW YORK | Mon May 20, 2013 6:43pm BST. SAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion (721.6 million pounds) cash, giving the Internet ...

David Cameron failed to raise Google's tax affairs when he met the company's chairman Eric Schmidt in Downing Street yesterday, it has emerged.

Mon May 20, 2013 12:17pm EDT. * FTSE 100 ends at highest closing level since Sept. 2000. * FTSE 100 closes up 0.5 pct at 6,755.63 points.

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.

The adjective was Sir Richard Branson's, his arch-rival on last year's bid. But the Virgin king had identified just why a company valued today at �750m was somehow pledging to repay the taxpayer �13bn by 2028 for the joys of running the London to Scotland ...

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.

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.

More than 800 flats in the Battersea Power Station development in London have been sold for �675m. The owners of the Grade II listed power station, which has lain dormant since it stopped generating electricity in 1983 despite numerous outlandish ...

The broader FTSE All-Share Index gained 0.4% on Monday for a 13th straight advance., its longest since 1987. Photo: AFP. Also Read.