PRESS DIGEST-Financial Times - July 2

Headlines World's leading economies agree global minimum corporate tax rate https://on.ft.com/3xcCXGJ Robinhood targets valuation of at least $40bn in IPO https://on.ft.com/3hc6oTE Sunak unveils post-Brexit city reforms https://on.ft.com/3ysLu8P Overview Most of the countries have signed up to a plan to force multinational companies to pay a global minimum corporate tax rate of at least 15% following intense negotiations in Paris at the OECD.

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

World's leading economies agree global minimum corporate tax rate https://on.ft.com/3xcCXGJ Robinhood targets valuation of at least $40bn in IPO https://on.ft.com/3hc6oTE

Sunak unveils post-Brexit city reforms https://on.ft.com/3ysLu8P Overview

Most of the countries have signed up to a plan to force multinational companies to pay a global minimum corporate tax rate of at least 15% following intense negotiations in Paris at the OECD. Online brokerage Robinhood is targeting a valuation of $40 billion or more in its initial public offering, said people familiar with the plans, as the company published its fundraising prospectus on Thursday.

UK finance minister Rishi Sunak unveiled a series of reforms designed to boost the City of London's global pull for share trading and listings, following the loss of business after Brexit. (Compiled by Bengaluru newsroom)