engine - 10:29 am on Dec 3, 2012 (gmt 0)

Yahoo says it has been ordered to pay $2.7bn (£1.68bn) by a Mexican court. The reported ruling follows a lawsuit stemming from allegations of breach of contract and lost profits related to a yellow pages listing service. Yahoo said it "believes the plaintiffs' claims are without merit and will vigorously pursue all appeals". Mexican Court Rules Yahoo To Pay $2.7 Billion Over Breach Of Contract [bbc.co.uk]