The world's leading finance ministers agreed on Friday to change the rules on taxing profits, and warned multinational companies they could no longer use their size and international presence to dodge taxes.
Miners have been propelled to their biggest gains for six years as Glencore slashed zinc production by a third and the bond giant Pimco called the end of the rout in global commodity prices.
Kulczyk Investments, the fourth largest shareholder in SABMiller says that while it believes a merger with Anheuser-Busch InBev would "have strategic merit", AB InBev's proposal does not reflect SABM's standalone growth potential.
BENGALURU: Marina Holdco, a company backed by private equity firm Apax Partners, has acquired 23.2% stake in RPG Group-promoted Zensar Technologies in a deal valued at Rs 863 crore.
MILWAUKEE The Federal Reserve does not need to resort to negative interest rates or other policies to further ease monetary policy in order to lift excessively low inflation back to the central bank's 2-percent goal within a few years, a top Fed ...