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General Motors in $5bn share buyback

US car giant General Motors (GM) has avoided a potential row with a number of key shareholders by announcing $5bn buy back of its own shares.

Dura-Bond Industries has won a contract worth over $400m to produce steel pipe for a 550-mile natural gas pipeline project in the US.

Technology giant Apple is expected to raise at least $5bn by issuing bonds despite sitting on a cash pile of $178bn.

Scotch whisky contributes almost 5bn to the UK economy and supports more than 40,000 jobs, according to industry research.

Service providers agree to provide voice, SMS coverage to 90% of the country by 2017.

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