Friday, October 18, 2019

First Ikea in India

Swedish furniture giant Ikea has opened its first store in India in the southern city of Hyderabad. With a growing middle class, India could be a big opportunity for the company, but it is also a market with many quirks. Ikea's...
Luxembourg is to become the first country in the world to scrap fares on all public transport. The plans, introduced by Prime Minister Xavier Bettel's coalition government, will see trains, trams and buses run free of charge from next summer. Bettel,...
New car sales fell by nearly 7% last year in the biggest annual drop since 2008, according to industry figures. A slump in demand for diesel, stricter emissions rules, and falling consumer confidence ahead of Brexit were blamed for the...
Britain will leave the customs union after Brexit, Downing Street has insisted, with Theresa May and other ministers set to skip a Labour bid in the House of Commons to stop the UK leaving later this week. The Government moved to...
The most big plane has been saved. Emirates has ordered  20 more with option for a further 16. "The A 380A has been a success for Emirates. Our customers love it and we've been able to deploy it on different...
Fiat Chrysler said it has abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world’s third-biggest automaker. A source close to the French carmaker’s board said...
Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect from April 1. Price tags for products listed on Apple’s China website...
There is ample spare capacity in other oil producers and strategic reserves to compensate for a loss of Venezuela's crude exports, helping explain the tepid reaction of global oil prices to U.S. sanctions announced a week ago. Venezuela exports around...
Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, two sources familiar with the matter said on Thursday. Amazon is considering buying Boost - currently one of Sprint’s...
 Tesla INC. chose Robyn Denholm to succeed Elon Musk as board chair, selecting an independent director to contend with the carmaker’s mercurial chief executive officer following his run-ins with regulators and investors. Denholm, 55 -- one of two women on...

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