Russian leader Vladimir Putin begins a two-day visit to India, which is garnering a lot of attention in the press about the close ties between the two ...
(CNN) — The biggest event in New Zealand on Thursday may have been the opening of a furniture store. Eager shoppers counted down “3… 2…1” and waved Swedish ...
Profit at biggest IKEA retailer rises, while revenue falls Year marked by cost-of-living pressures, retailer says Raised prices in the US due to tariffs, but less than competitors STOCKHOLM/LONDON, ...
LONDON (Reuters) -Sweden's Inter IKEA, which supplies furniture to IKEA stores around the world, said on Friday its annual operating profit dropped 26% as the impacts of U.S. tariffs drove up costs.
The Federal Reserve convened its policy meeting on Tuesday as the government shutdown verges on nearly a month, leaving central bankers without most official data to make a decision on setting ...
IKEA has been forced to hike prices on some big-ticket items as companies start to pass along President Trump’s tariffs after months of eating the added costs, according to a report. Over the past few ...
IKEA’s low-cost furniture has won it legions of fans around the world. Now President Trump’s tariffs are forcing the company to do something it hates: raise prices. The Swedish brand has slashed the ...
The furniture retailer is raising prices on some products, and working to source more goods in the U.S. because of President Trump's tariffs. U.S. Stocks Move Higher Stocks rose, led by the Nasdaq ...
STOCKHOLM/LONDON (Reuters) -IKEA's annual sales fell for a second consecutive year, it reported on Thursday, as the budget furniture retailer stuck to a strategy of cutting prices to attract ...