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South Africa used a revenue windfall to cut corporate taxes to revive a coronavirus-ravaged economy and set more ambitious targets to reduce debt and fiscal deficits.

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A lot of people are scratching their heads this week at the news that Facebook is acquiring photo-sharing site Instagram for US$1bn. The allure of retro-styled photo filters is pretty weak justification for a price tag that high. But of course it’s not about the photo filters, it’s about the fact that Instagram engages your

“Ideas so simple,” reads a cartoon on an elevator door, “that they feel like the completion of a thought,” continues its twin. Similar doodles adorn the walls of HTC’s headquarters in Taoyuan, near Taipei, and business cards carried by the smartphone-maker’s staff. John Wang, the chief marketing officer, lays out a set of four: concentric