IKEA reports record sales as online revenue surges
IKEA reported annual sales above 40 billion euros ($44 billion) for the first time on Wednesday as the Swedish furniture group's push into e-commerce produced another surge in online revenue.
IKEA reported annual sales above 40 billion euros ($44 billion) for the first time on Wednesday as the Swedish furniture group's push into e-commerce produced another surge in online revenue.
German authorities have been seeking information at Deutsche Bank's Frankfurt headquarters in relation to Danske Bank , Frankfurt prosecutors said on Wednesday.
World stocks fell to a two-week low and risk assets withered on Wednesday after U.S. lawmakers called for an impeachment inquiry into President Donald Trump, raising the prospects of prolonged political uncertainty amid a fresh rise in trade tensions.
Bernie Sanders wants to change the way your credit score is calculated.
U.S. stock index futures edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald Trump injected a fresh dose of uncertainty, with forecast-beating results from Nike Inc helping dispel some gloom.
Ratings agency Standard & Poor's has cut its credit rating on storied carmaker Aston Martin Lagonda Holdings deeper into junk territory on Wednesday amid concerns over the UK's exit from the European Union and threat of U.S. tariffs.
Thomas Cook's Polish business Neckermann Polska said on Wednesday it was insolvent as the effects of the demise of the world's oldest travel firm spread to central Europe, leaving around 3,600 Polish tourists stuck abroad.
SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement struck before falling valuations delayed the U.S. office-sharing startup's IPO, the Financial Times reported.
The chairman of the Japan Automobile Manufacturers Association said on Thursday that trade discussions between the United States and Japan were going in the direction of avoiding auto tariffs and that it was good for both countries.
The U.S. Justice Department will open an antitrust investigation of Facebook Inc , a person familiar with the matter said on Wednesday, marking the fourth recent antitrust probe of the social media company.
Asian stocks rose on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a U.S. presidential impeachment bid ebbed.
A group of PG&E Corp noteholders said in a court filing on Wednesday that they are ready to invest $29.2 billion into the power producer as part of a reorganization plan that will pay off liabilities from wildfires that drove it to bankruptcy.
Oracle Corp , which has clashed with Alphabet's Google in business disputes, has received requests for information from congressional and state investigators looking into allegations that Google violated antitrust law.
Asian stocks edged up on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a U.S. presidential impeachment bid ebbed.
SoftBank Group Corp is planning to invest an additional $1 billion or more in WeWork, altering a warrant agreement struck before WeWork postponed its IPO plans, the Financial Times reported, citing people briefed on the matter.