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Monday, November 29, 2021
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BUSINESS

IKEA Owner Buys Former Flagship Topshop Store In London

Swedish origin brand IKEA has agreed a deal to buy former the Topshop Oxford Street flagship store in a £378 million deal. The world’s...

One-off payment to help 36 million French motorists hit by rising fuel prices

French Prime Minister Jean Castex has announced that millions of lower and medium-income motorists will be given 100 euros (£84) in financial assistance to...

IMF backs managing director following review of business ranking allegations

The International Monetary Fund (IMF) has expressed “full confidence” in its managing director in response to allegations that World Bank staff were pressured to...

Twitter proposes settlement over shareholder lawsuit

Twitter has said it will pay 809.5 million US dollars (£592 million) to settle a consolidated class action lawsuit alleging that the company misled...

HP and Procter & Gamble join companies in pledge to cut emissions

Computer-maker HP, consumer goods business Procter & Gamble and coffee capsule company Nespresso have joined a corporate pledge to sharply cut their greenhouse gas...

Google to invest £859m in cloud computing infrastructure in Germany

Google has said it is investing one billion euros (£859 million) by 2030 to expand its cloud computing infrastructure in Germany and to increase...

South Korea bans Google and Apple in-app payment monopolies

South Korea’s National Assembly has approved legislation that bans app store operators such as Google and Apple from forcing developers to use their in-app...

TikTok to let users shop through app with Shopify deal

TikTok users will soon be able to buy items directly through the short videos on the app – something they had only been able...

OnlyFans to ban sexually explicit content

OnlyFans will ban sexually explicit images and videos from October 1st, the online subscription service has announced. The social media platform, which is used by...

Etihad announces losses due to falling passenger numbers during pandemic

Abu Dhabi’s national carrier Etihad reported core operating losses of 400 million US dollars for the first half of the year, driven by a...

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