Ikea profits down nearly 50% as fears of Trump tariff threats spook the Swedish retailer
Ikea took the unlikely approach of cutting prices as costs were rising. Now, Trump's tariffs could open up a whole new can of worms for the retailer.
Ikea says Trump’s tariffs could push up prices
The chief executive of the company behind Ikea furniture stores says Donald Trump’s planned tariffs will make it more difficult to keep its prices low, joining a growing chorus of business leaders in warning of a potential hit to people’s wallets from the levies.
Ikea’s Largest Retailer Takes Hit on Profit After Price Cuts
Ingka Group, the largest Ikea retailer, saw a sharp decline in full-year profit after a round of price cuts and tough economic conditions weighed on the bottom line.
IKEA warns Trump tariffs will make it hard to keep prices low
Tariffs planned by President-elect Donald Trump will make it harder for IKEA to keep prices low, the chief financial officer of the world’s biggest furniture retailer told Reuters on Wednesday. Trump has pledged big tariffs on imports from the United States’ three largest trading partners,
Ikea warns Trump’s tariffs could push up prices
The chief executive of the company behind Ikea furniture stores says Donald Trump’s planned tariffs will make it more difficult to keep its prices low, joining a growing chorus of
Who was Storm De Beul? 22-Year-Old YouTuber Dies in Horrific Snowstorm While Alone in Swedish Wilderness
A 22-year-old YouTuber, Storm De Beul, tragically froze to death in a blizzard while exploring Sweden's Lapland wilderness.
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Sweden Requests Chinese Bulk Carrier To Stay in Swedish Water as Investigation Into Undersea Fiber-Optic Cables Continues
Sweden’s prime minister asked a Chinese bulk carrier, suspected of cutting two undersea fiber-optic cables in the Baltic Sea, ...
Sweden demands Chinese vessel suspected in cable cutting return to its waters
Sweden has demanded that the Chinese vessel connected to an investigation of two Internet cables in the Baltic Sea being ...
SBB flags improving debt market for Swedish real estate
Swedish real estate group SBB reported on Wednesday a smaller pretax loss for the third quarter compared to a year ago, as it ...
Chinese ship linked to cable sabotage urged to move into Swedish waters
Sweden’s prime minister has urged a Chinese ship linked to the cutting of two cables to move into Swedish waters, as the ...
Apotea Owners Seek $149 Million in Swedish Pharmacy’s IPO
The owners of Apotea AB are looking to raise around 1.64 billion Swedish kronor ($149 million) through a listing of the ...
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Swedish Army Chief Visits New York Army Guard Exercise
FORT INDIANTOWN GAP, Pa. - Sweden’s top Army officer visited New York Army National Guard Soldiers from the 42nd Infantry ...
Swedish property group SBB posts smaller Q3 loss
(Reuters) -Swedish real estate group SBB reported on Wednesday a smaller pretax loss for the third quarter compared to a year ...
Swedish Crime Drama ‘Veronika’ Renewed for Season 2 at SkyShowtime (EXCLUSIVE)
SkyShowtime has renewed Swedish drama 'Veronika,' starring Alexandra Rapaport and Tobias Santelmann, for a second season.
How the Swedish Foundation helps its smallest patients
The foundation provides key education, equipment, technology and space improvements to support all patients. Sponsored by ...
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Swedish app aims to end rows over household chores
There's an app for that — in an effort to make "invisible work visible", Swedish engineering students have developed an app ...