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Business

Ikea profits soar on strong kitchen sales

STOCKHOLM: Swedish furniture giant Ikea on Wednesday announced a record annual net profit for its fiscal year 2015-2016, on strong sales of kitchen equipment and dining rooms.

Business

Lessons from Trump’s triumph

The morning after: New US president challenges the globalised liberal order

Business

Breakfast briefing: Thursday, December 1

Breakfast briefing: Thursday, December 1

Business

Britain must explain Brexit strategy to limit uncertainty, says think tank

LONDON: Britain needs to begin explaining its Brexit strategy to avoid prolonged uncertainty for businesses and negotiating partners, a London-based think tank said on Thursday, warning that internal squabbling risked undermining the government's position.

Business

Compliance cost driving prices up

YOU may recall from my earlier article that was published in my column titled: “Affordable Housing: How to own it?” that the National House Buyers Association (HBA) was invited to present a paper to the Finance Ministry and we offered 10 pertinent proposals with the view towards affordable housing. This article will continue with the rest of the proposals.

Business

US SEC charges thrust billionaire Cooperman into spotlight

NEW YORK: The latest insider trading charges by US securities regulators placed an unwelcome spotlight on billionaire Leon Cooperman, the son of a Bronx plumber who rose to become one of the most gifted stock pickers of his generation.

Business

How big brands get your ‘Likes’

WE EACH hold a set of beliefs, values, and morals that make up who we are and dictates how we behave in society.

Business

Pimco says Bill Gross leaked bonus data, showed bad faith

NEW YORK: Pacific Investment Management Co accused former star bond fund manager Bill Gross of leaking confidential bonus data and exercising "bad faith" in pursuing a $200 million lawsuit over his sudden departure from the firm in September 2014.

Business

How carrots and sticks help achieve goals

WE ALL have goals. This can be losing weight, exercising, studying, quitting smoking or anything else really.

Business

Breakfast briefing: Friday, July 15

Breakfast briefing: Friday, July 15