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Today's Date: 21 May 2013
Last Updated: 21 May 2013 12:17:35 CIT
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The price of oil rose Monday, taking its cue from the stock market and the dollar.
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter Games: Russia's business powerhouses.
Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa.
Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the U.S.
 
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