Bloomberg

Google Inc. shareholders are urging the Web-search giant to take a page from Apple Inc. and return part of its $44.6 billion in cash to investors. Google has more cash as a percentage of market value than five of its largest peers, including Apple, which reinstated a dividend and unveiled a $10 billion stock buyback last month. Google's cash has almost doubled since 2009, and it is the only U.S. technology company with a market value of more than $125 billion that doesn't offer a regular shareholder payout

Telegraph

Global stock and bond markets suffered a rout as traders fled the renewed spectre of a eurozone default and fresh evidence of a global recession. Italy's leading MIB index plunged 5pc and Spain's Ibex fell 3pc amid fears that the eurozone's third and fourth biggest economies were in the grip of a deadly and uncontrollable spiral of debt and recession.

BBC

Facebook has announced it is to buy Instagram - the popular photo-sharing smartphone app. Facebook is paying $1bn (£629m) in cash and stock for the takeover. Instagram was only launched in October 2010 - initially just for the iPhone before being offered as an Android app last week.

Is the writing on the wall for Namibia oil industry?

 

While Namibia currently has no commercial oil deposits to its name and the only discovery of any significance remains the untapped Kusu gas prospect first identified in 1974, is now the time to ask the question: are the oil majors once again overlooking one of the biggest potential hydrocarbon basins?

Investors should brace themselves for substantial market head wind as they return from the Easter break.