When Peru’s billionaire Brescia family bought the world’s biggest tin deposit on the eve of the financial crisis in 2008, Apple Inc. was selling 11.6 million iPhones a year. Now it’s selling more than 150 million.
Guatemala’s Energy and Mines Ministry awarded licenses to Compania Guatemalteca de Niquel, S.A. and Minera San Rafael S.A. to begin mineral extraction in Central America’s largest economy, the ministry said in a statement published on its website.
Disney Enterprises Inc., Warner Bros. Entertainment Inc. and four other movie studios accused the closed file-sharing service Megaupload.com of massive theft of intellectual property in a copyright-infringement lawsuit.
Switzerland said it expects to deliver account data on almost 4,450 UBS AG clients suspected by the U.S. of tax evasion, prompting the Internal Revenue Service to say it will drop a lawsuit against the bank within months.
Autodesk Inc., a maker of architectural and engineering software, said billings will rise at an average annual rate of 12 percent through fiscal 2018 as the company shifts to selling more software subscriptions.