SAN FRANCISCO - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
UFC in talks to buy stake in NBCU's G4 channel: report
Bangalore (Reuters) - Comcast Corp's NBCUniversal is in discussions to sell a controlling interest in its G4 cable channel to professional mixed martial arts promotion company Ultimate Fighting Championship (UFC), the Wall Street Journal reported citing sources.
The paper said the talks between the two companies are in early stages and that UFC was also in discussions with other networks for a possible deal.
Comcast and UFC were not immediately available for a comment.
(Reporting by Himank Sharma in Bangalore, editing by Bernard Orr)
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