Firms/companies
Merck & Co to buy back $5-bn worth stock
22 May 2013
Merck, the second-largest US drugmaker, will repurchase about 99.5 million shares from Goldman Sachs at current market prices
Merck & Co to buy back $5-bn worth stock
22 May 2013
Merck, the second-largest US drugmaker, will repurchase about 99.5 million shares from Goldman Sachs at current market prices
Apple CEO faces US Senate panel over tax avoidance charges
21 May 2013
Investigators say Apple’s tax avoidance efforts between 2009 and 2012 kept away at least $74 billion from the Internal Revenue Service
iGate sacks CEO Phaneesh Murthy over sex harassment charges
21 May 2013
The board of Nasdaq-listed iGate Corp has sacked its president and chief executive Phaneesh Murthy following a sexual harassment case against him.
iGate sacks CEO Phaneesh Murthy over sex harassment charges
21 May 2013
The board of Nasdaq-listed iGate Corp has sacked its president and chief executive Phaneesh Murthy following a sexual harassment case against him.
Yahoo acquires Tumblr for $1.1-bn
20 May 2013
The combination of Tumblr and Yahoo is expected to expand Yahoo's audience by 50 per cent to more than a billion monthly visitors, and raise traffic by approximately 20 per cent
Under fire for evading UK taxes, Google's Schmidt seeks to blame system
20 May 2013
Savaged by MPs for avoiding billions in British taxes, Google has sought to deflect the blame by shifting the focus to the tax system and criticising "lobbying" by legislaltors
Apple devices cleared for use on US military networks
18 May 2013
The approval just meant that the operating system Apple iOS 6 was approved, although employees would be barred from using their own devices on the military network
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