Alibaba may face challenges in buying Yahoo

Note: This section contains information in English only.
Source: China.org.cn

Alibaba Group Holdings Ltd. may face difficulties in acquiring Yahoo Inc. after it hired a new CEO. Yahoo appointed Scott Thomson; the move indicates Yahoo's unwillingness to sell its assets in the nearest future, said Xie Wen. Thompson's prime objective is to focus on the core business, innovation and revenue growth.

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Fri, 06 Jan 2012 08:56:33 GMT

Oil declines in Asian session

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Fri, 06 Jan 2012 08:55:23 GMT

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