Yahoo shares rise

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/FP
Yahoo Inc.'s shares increased by about 5% in preopen trade after Alibaba and other Chinese partners announced they might take a stake of 20% in Yahoo Inc. However, some sources inform there is no any bids placed at the moment. Alibaba Group has not made a decision yet, said John Spelich, spokesman of Alibaba.
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Thu, 01 Dec 2011 16:47:18 GMT

Brazilian stocks gain on tax cuts

Brazilian stocks increased following the announcement of the government's tax-reduction programme aimed at boosting economic growth. Brazil's benchmark Ibovespa added 2.4% to 58,255.01 when Brazil's central bank decreased benchmark interest rate by 11%. The rest of Latin America also experienced increase in stock prices. Argentina's Merval gained 0.6% to 2,579.03, Mexico's IPC rose by 0.4% to 36,987.69 and Chile's IPSA equity index edged up 0.2% to

Thu, 01 Dec 2011 15:33:44 GMT

FTSE 100 keeps upward trend

UK benchmark FTSE 100 Index managed to extend gains on Thursday fuelled by country's major banks and miner companies. Index gained 0.4% to 5,527.52. HSBC Holdings PLC gained 1.3%, while  Standard Chartered PLC edged up 2.8%. Fresnillo PLC advanced 4% and Randgold Resources Ltd. traded up 1.3%. Retailer Kingfisher PLC also added to index after its shares climbed 3% on announcement about improved sales in the third

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