Business and Economy

Business and Economy Latest News

Ikea hopes for furniture market improvement in 2026
Ikea hopes for furniture market improvement in 2026
by  AFP

World number-one furniture retailer Ikea is hoping the market will improve next year from a decline in consumer spending on furnishing their homes, one of its senior leaders told AFP. During a recent visit to Paris to visit the Swedish chain's new city-centre shop, Inter Ikea chief Jon Abrahamsson Ring told AFP that 2025 is likely to be "challenging".

Arsenal post £17.7m loss despite record revenues
Arsenal post £17.7m loss despite record revenues
by  AFP

Arsenal lost £17.7 million in the 2023/24 season despite a return to the Champions League helping to post a club record £616.6 million ($775 million) revenue. However, wages skyrocketed to £327.8 million from £234.8 million.

Canada announces first high-speed rail: Toronto to Quebec City
Canada announces first high-speed rail: Toronto to Quebec City
by  AFP

Prime Minister Justin Trudeau on Wednesday announced Canada's first high-speed rail line, connecting major hubs from Toronto to Quebec City, calling it "the largest infrastructure project in Canadian history." This will be "the largest infrastructure project in Canadian history," Trudeau told a news conference in Montreal.

Energy

Money

Industry

Technology

Economy