TECHNOLOGY 11:40pm

Yahoo buys start-up Tumblr for $1bn

The splash page for Yahoo and Tumbler on an iPhone ©AFP

Move is first big bet by new CEO Marissa Mayer

©Bloomberg FINANCIALS 10:05pm

Heron Tower offered £250m Sternlicht loan

US property investor in talks to refinance London skyscraper

FINANCIALS 9:10pm

Asian groups stump up for European assets

Rush for companies more than doubles price multiples

The 2012 Audi AG A6 sedan, right, and Audi A6 Hybrid sit on display at the North American International Auto Show ©Bloomberg INDUSTRIALS 5:21pm

Building blocks to cut output costs

Modular strategy used to create brands from common components

Ricardo Salgado, chief executive officer of Banco Espirito Santo SA, speaks during a news conference in Lisbon, Portugal ©Bloomberg FINANCIALS 8:50pm

Portuguese banks seek cures for capital woes

Weak local economy is threatening lenders’ chances of survival

Eni CEO Paolo Scaroni ©AFP ENERGY 7:16pm

Tough oil pricing ahead, says Eni chief

Group identifies Asia as main target in future plans

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