IKEA Plans New U.S. Stores In $2.2 Billion Push To Challenge Walmart And Wayfair
By Helen Reid LONDON (Reuters) – IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in…
April 2023
UK rental housing less affordable than in 2019, ONS says
LONDON (Reuters) -Britons starting new private-sector housing tenancies spent an average of 26.8% of their income on rent in March,…
Motor racing-Schumacher family planning legal action over AI ‘interview’
(Reuters) – Michael Schumacher’s family are planning legal action against a German weekly magazine over an ‘interview’ with the seven…
Germany, Italy push euro zone into trade surplus in Feb
BRUSSELS (Reuters) – The euro zone swung to a trade surplus in February from a deficit a year earlier, non-adjusted…
France sees debt burden easing, but interest costs surging
By Leigh Thomas PARIS (Reuters) -France will see its national debt burden fall faster than previously expected even though the…
South Korea announces $15 billion investment in advanced battery technologies
By Heekyong Yang SEOUL (Reuters) -The South Korean government and its top battery companies plan to jointly invest 20 trillion…
Branson’s Virgin Orbit files Chapter 11 bankruptcy plan
(Reuters) -Richard Branson’s Virgin Orbit Holdings Inc and its subsidiaries in the United States filed a Chapter 11 bankruptcy plan…
South Korea Announces $15 Billion Investment In Advanced Battery Technologies
SEOUL (Reuters) – The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1…
Analysis-Investors seek to break through Japan Inc’s ‘value trap’
By Ankur Banerjee SINGAPORE (Reuters) -Corporate governance in Japan has suddenly become a cause celebre, rousing the world’s third-largest stock…
Deutsche Bank plans to cut jobs, shrink board – source
BERLIN (Reuters) – Deutsche Bank plans to reduce its executive board to nine members from 10 and to cut some…