BBC Business Headlines

Yahoo 'to buy Tumblr for $1.1bn'
Yahoo's board has approved a deal to buy New York-based blogging service Tumblr for $1.1bn (£725m; 857m euros), US media reports say.


Google chief defends tax affairs
Google's executive chairman Eric Schmidt defends the company's tax affairs after it comes in for strong criticism from MPs.


Treasury claims banks 'safer in UK'
The latest UK government paper on the impact of Scottish independence will claim the UK is better placed to manage the risk of a financial crisis.


Thousands rally to oppose Italy cuts
Tens of thousands of protesters, led by trade unionists, rally in the Italian capital Rome against the policies of the new coalition government.


Europe car sales break losing streak
Car sales across Europe rose in April for the first time in 18 months, helped by strong demand in the UK and by the early Easter break.



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Paul Krugman

Bernanke, Blower of Bubbles?
With all the talk about financial bubbles lately, do current bond and stock prices make sense? read more...





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