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Reuters

Yahoo nearing $1,1bn acquisition of Tumblr

Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer.

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INLSA

Workers on illegal strike at chrome mine

Operations at a chrome mine have been suspended after workers started an illegal strike over bonus payments.

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iol pic wld India Pakistan~12
AP

India could face junk status - S&P

India faces at least “a one-in-three” chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned.

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