IKEA plans new US stores in $2.2 billion push to challenge Walmart and Wayfair

[ad_1] LONDON, April 20 (Reuters) – IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the United States over the next three years, its biggest…

Germany’s Salzgitter signs long-term green energy deal with Iberdrola

[ad_1] April 20 (Reuters) – German steelmaker Salzgitter (SZGG.DE) said on Thursday that it has signed a long-term green energy supply deal with Spanish power company Iberdrola (IBE.MC). The German…

D. E. Shaw expands in India as other US hedge funds ramp up hiring

[ad_1] NEW YORK/MUMBAI, April 18 (Reuters) – U.S. hedge fund heavyweight D. E. Shaw is opening two offices in India, the company said on Tuesday, joining rivals Millennium and AQR…

BNP Paribas’ wealth management unit to launch in Thailand

[ad_1] April 18 (Reuters) – BNP Paribas (BNPP.PA), the euro zone’s biggest bank, said on Tuesday its wealth management arm will launch in Thailand to expand its presence in Asian…

Alaska Air to purchase additional 23 737-9 MAX from Boeing

[ad_1] March 30 (Reuters) – Alaska Air Group Inc (ALK.N) said on Tuesday it would buy an additional 23 737 MAX 9 jets, in a move that highlights growing confidence…

Tesla to build Shanghai factory to make Megapack batteries

[ad_1] SHANGHAI, April 9 (Reuters) – Tesla Inc (TSLA.O) is opening a factory in Shanghai, capable of producing ten thousand Megapack energy product per year, to supplement output of Megapack…

U.S. FDA investigating 5 allergic reactions after Pfizer shot in U.S

[ad_1] NEW YORK, Dec 18 (Reuters) – The U.S. Food and Drug Administration is investigating around five allergic reactions that happened after people were administered Pfizer Inc (PFE.N) and BioNTech…

Italy data authority asks Facebook for clarifications on smart glasses

[ad_1] MILAN, Sept 10 (Reuters) – Italy’s data protection authority said on Friday it has asked Facebook (FB.O) to provide clarifications over the social media giant’s newly launched smart glasses…

BMW bets on design and recycling, not mining, to lower battery costs

[ad_1] BMW not planning to take stakes in mines Building EVs spurs investment in recycling – CFO First quarter on track to hit annual margin target of 8-10% BERLIN, March…

BP seeking to build wind farms off Scotland – The Times

[ad_1] May 3 (Reuters) – BP Plc (BP.L) is preparing to bid for the rights to build wind farms off Scotland, The Times reported early on Monday. BP Chief Executive…