LIMA: Finance ministers from the world's leading economies gave the green light on Friday to a new plan to crack down on tax evasion by multi-national corporations which costs countries at least $100 billion a year.
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.
MILAN: Italian luxury carmaker Ferrari expects its US initial public offering to be priced in a range of between $48 and $52 per share, which could value the company at up to $9.8 billion, it said.
Twitter will lay off employees next week as freshly-returned chief Jack Dorsey pushes for a leaner operation focused on winning users, tech news website Re/code has reported.
Shipments of personal computers fell nearly 11% last quarter, to the shock of almost no one. Sales have been declining for so long - 14 consecutive quarters - that it is becoming harder to remember a time when PCs ruled the tech world.