A global warming "pause" over the past decade may invalidate the harshest climate change predictions for the next 50 to 100 years, a study said Sunday -- though levels remain in the danger zone. More »Dire outlook despite global warming 'pause': study
SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion (724 million pounds) in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company in July 2012. Yahoo is keen on fast-growing Tumblr because its younger user base would bolster the older website's "cool factor," the technology blog AllThingsD cited the sources as saying. ... More »Yahoo's board approves Tumblr acquisition -WSJ
A number of mice and eight gerbils sent into space in a Russian capsule destined to find out how well organisms can withstand extended flights perished during their journey, scientists said Sunday as the month-long mission touched back down on Earth. More »Mice, gerbils perish in Russia space flight
Tense engineers have their eyes peeled on complex colour-coded diagrams on a wall-sized screen that makes their control room look like the inside of a spaceship. More »German energy shift faces headwinds
Asia's flood-prone megacities should fund major drainage, water recycling and waste reduction projects to stem deluges and secure clean supply for their booming populations, experts said Sunday. More »Bold action, big money needed to curb Asia floods
BANGALORE (Reuters) - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month. The demand relates to certain tax benefits on income from software development done overseas at the clients' location and revenue from special economic zones in India, Infosys said in a statement. It said the latest tax demand disregards a clarification by the government in January. ... More »Infosys to challenge latest tax demand of $105.3 million
By Padraic Halpin DUBLIN (Reuters) - Irish drug firm Elan agreed on Monday to buy two private drug firms, spin-off its one experimental drug and buy back more shares to give a firmer idea of how the company will be reconfigured as shareholders weigh up a takeover bid. The Irish company has rejected a $5.7 billion (3.7 billion pounds) bid from U.S. investment firm Royalty Pharma and is trying to convince shareholders to do the same by returning cash and going on a spending spree that began with a $1 billion royalties deal just a week ago. ... More »Elan strikes more deals, agrees second share buyback