SAN FRANCISCO/NEW YORK - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. | Video
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.
Olympus says not in concrete talks on tie-up
TOKYO (Reuters) - Japan's Olympus Corp (7733.T) is not in any concrete talks on tie-ups and any such steps should be left for new management to decide on, the firm's outgoing president, Shuichi Takayama, told reporters on Monday.
The maker of endoscopes, which plans to appoint a new board in April as it tries to recover from an accounting scandal that battered its balance sheet, has been fielding business alliance offers from rivals including Fujifilm Holdings Corp (4901.T) and Terumo Corp (4543.T).
(Reporting by Maki Shiraki, writing by Mayumi Negishi; Editing by Joseph Radford)
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