Stock markets - world
Nike to launch pilot programme with Amazon
30 Jun 2017
Infosys reaches $1-mn settlement with New York in visa case
24 Jun 2017
Infosys has reached a settlement for $1 million with the state of New York in a visa-related case, even though the company maintained it committed no wrongdoing and the probe was centred on alleged paperwork errors
Infosys warns of risks from ‘activist shareholders’ in SEC filing
13 Jun 2017
Although the company has not named any names, it is widely perceived that some moves by its founders like N R Narayana Murthy clearly fall in the area of activism
After Amazon, Google shares hit record $1,000
06 Jun 2017
Alphabet, the parent company of Google, now has a market value of about $680 billion, which takes the net worth of its founders Larry Page and Sergey Brin to nearly $50 billion each
Amazon shares hit $1,000 for the first time
31 May 2017
The stock price takes Amazon’s market value to about $478 billion, double that of the world's biggest traditional retailer Wal-Mart, while the value of a $1,000 investment on Amazon's first day of trading in 1997 exceeds $500,000 today
Huntsman, Clariant to merge into a $20bn chemicals giant
22 May 2017
With a combined enterprise value of $20 billion, HuntsmanClariant would offer a wide array of chemicals such as polyurethanes, pigments, automotive fluids, additives and resins that are used across industries ranging from aerospace to agriculture to household-cleaning.
Merck KGaA mulls splitting into three companies
17 May 2017
German diversified conglomerate Merck KGaA is mulling shifting its chemicals, healthcare and biotech supplies operations into separate entities next year so that the three business units could be better managed
Apple tops $800-bn market cap, looks set to cross $1-trillion mark
10 May 2017
Apple accounts for about 4 per cent of the $21.7 trillion market cap of the entire S&P 500 index and if the company continues on its growth path, it would top the $1 trillion market cap later this year