The Tumblr effect: China's user-hungry net giants splash out
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Frothy tech valuations are not limited to Silicon Valley with Yahoo's $1.1 billion Tumblr buy. High-stakes deals are growing in China too, as big players court emerging platforms to lock in new users.
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Investors may not be worrying quite so much about Greece at the moment but a new political party could change that. The Plan B party supports leaving the euro and returning to the drachma. Hayley Platt asks whether it's likely to do any harm to the country's recovery.
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As Indonesia scrambles to implement universal health care reforms, crowded hospitals in Jakarta feel the brunt, faced with more patients than they can handle. Sarah Charlton reports.
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Backed by some of the country's biggest conglomerates, Korean fashion labels are racking up revenues and expanding across Asia. But are they ready to compete with Western brands on their home turf?
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Ryanair posts forecast-beating full-year earnings, buoyed by strong growth in fares and a sharp rise in charges for extra items. Ciara Sutton reports.
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Yahoo's decision to buy blogging service Tumblr for $1.1 billion has raised questions about how the internet company will integrate the website- with lots of traffic but little revenue. Bobbi Rebell reports.
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A fresh survey spells out a revival in Japan's service sector, led by retail and property as shoppers re-open their wallets. But with the yen's downward run nearing an end, will the good times last?
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Summary of business headlines: Jump in consumer sentiment, leading indicators propel Wall Street to fourth up week, Dow and S&P 500 at new heights; Jim Rogers sees correction in gold continuing. Conway G. Gittens reports.
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Summary of business headlines: Stocks slide back from records; Yahoo's $1.1b Tumblr deal; Boeing Dreamliner back in the air; Campbell's soup earnings heat up. Bobbi Rebell reports.
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Alex Ferguson's success at Manchester United recently made him the subject of a case study at Harvard Business School. But does his leadership style work in the real world? Ivor Bennett reports
Winning ticket sold in record multi-million dollar lottery
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One winning ticket for a record U.S. Powerball lottery jackpot worth 590.5 million dollars was sold in Florida, organizers say. Sarah Charlton reports.
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Mark Zuckerberg has lost $5.8 billion in value on his Facebook stock since the world’s leading social network went public just about a year ago. Conway G. Gittens reports.