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(Reuters) - Yahoo Inc shares rose as much as 6.7 percent on Friday after a report that it was close to selling part of its valuable stake in the Alibaba Group. Shares of Yahoo climbed as high as $15.87 before easing to $15.64, up 5.2 percent. Yahoo and Alibaba Group, the Chinese Internet group that runs e-commerce site Alibaba.com, are close to an agreement that could happen as soon as Monday, ac
LONDON (Reuters) - A successful euro zone requires a single government if it is to work properly, British Prime Minister David Cameron said in a newspaper interview on Wednesday.
Economists cited various possible factors behind the addition of only 115,000 jobs in April, but none are likely to comfort 13.7 million jobless workers.
NEW YORK (Reuters) - Online coupon company Groupon Inc is recruiting at least two new members to its board of directors after it had to revise fourth-quarter results last month, Bloomberg reported on Tuesday, citing two people familiar with the matter. Groupon in March revised its first results posted as a public company, trimming revenue by $14.3 million. The company also said it found a materia
Wal-Mart’s stock slipped as investors reacted to a bribery scandal at the retailer’s Mexican subsidiary and a report that an internal investigation was quashed at corporate headquarters.
Ma Jun moved from journalist to environmentalist and now is dedicated to tracking down pollution along the supply chain used by major corporations.
A research team is working to develop a new salt-tolerant variety of rice for use in fields that were flooded by the tsunami last year.
European problems will be at the forefront of discussions this weekend at the spring meetings of the International Monetary Fund and the World Bank.
China’s Internet commerce market is being tipped to see its value triple over the next three years to reach a massive $360 billion by the end of 2015, a new...
Intense negotiations at two Bamako institutions have yielded a settlement in recent days to Mali's political crisis. But do Malians believe their incoming interim president, Dioncounda Traoré, can put their country back on track?
While Mali has been limping back to civilian control following the March 22 coup, the humanitarian situation in the rebel-controlled north has been deteriorating, sparking urgent appeals for help by displaced civilians.
Despite the fact that Nokia ended 2011 on a very low note worldwide, posting a $1.4 billion loss in the fourth quarter, a recent report shows that it happens to...
The United States economy added a disappointing 120,000 jobs in March, the Labor Department reported on Friday, about half the gains posted in each of the preceding three months.
Telecom firm Huawei may be subject to concerns over national security in Australia and investigation in the US, but that hasn’t stopped the Chinese firm continuing its impressive growth across...
While the United States and Europe have been the main sources of turmoil in global markets, Asia has also suffered, leading some experts to see a buying opportunity.
Some high-net-worth clients are missing out because private banks are providing "amateurish" offerings on sites like Twitter and Facebook, a report says.
Cristina Kirchner has finally declassified a scathing review of the mistakes made by Argentina's military junta in going to war with Britain in 1982 trying to recover the Falkland Islands.
An official report shows that by some measures, tensions at the end of last year were at their highest levels since the collapse of the investment bank Lehman Brothers in 2008.

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