IKEA lookalike ‘Swed House’ opens in Moscow to mixed reactions
MOSCOW (Reuters) – Belarusian furniture company Swed House, which sells items intended to look like those made by Swedish giant…
Business
India’s March wholesale inflation eases to 30-month low on easing input prices
NEW DELHI (Reuters) – India’s annual wholesale-price based inflation (WPI) eased to the lowest in nearly 30 months, as input…
Exclusive-Nissan takes its own road, minus Renault, in seeking tech tie-up
By Norihiko Shirouzu and Maki Shiraki (Reuters) -Nissan is developing growth plans in areas such as software and electric vehicles…
Recruiter PageGroup sees 29% slump in annual profit on tough market conditions
(Reuters) -PageGroup on Monday became the latest recruiter to warn of tough conditions in the labour market as it forecast…
SAS will not use second tranche of $700 million Apollo loan
COPENHAGEN (Reuters) – SAS will not be using the second tranche of its $700 million debtor-in-possession (DIP) term loan in…
Take Five: How bad is it?
LONDON (Reuters) – Earnings season gets into full swing, while the first snapshot of business activity in April could provide…
German engineering production rises at the start of 2023 – VDMA
BERLIN (Reuters) – Production in Germany’s engineering sector rose by 3.2% in the first two months of 2023 compared with…
Germany’s Buch seen as favorite to be new ECB top supervisor, sources say
By Balazs Koranyi WASHINGTON (Reuters) -Three women are seen as the top contenders to become the European Central Bank’s new…
Factbox-Tesla’s Shanghai plant, targeted by worker protest, is key hub for EV maker
(Reuters) – Workers from Tesla’s Shanghai factory have taken the unusual step of posting on social media to appeal to…
Analysis-Central banks have yet to script final act of inflation fight as risks rise
By Howard Schneider and Balazs Koranyi WASHINGTON (Reuters) – Major central banks may be deep into their drive to raise…