 | | | | IKEA retailer Ingka Group is spending 3 billion euros ($3.2 billion) through 2023 on new and existing stores, much of it to modify its trademark out-of-town outlets so they can double up as e-commerce distribution centres. | | | | | | Tyson Foods Inc raised its full-year sales outlook on Monday after beating quarterly revenue estimates as the top U.S. meatpacker benefits from rising prices for its beef and chicken. | | | | | | The European Union executive wants to speed up the bloc's green transition and cut its reliance on Russian fuels by allowing some renewable energy projects to receive permits within a year, a draft document shows. | | | | | | The International Air Transport Association (IATA) does not expect high fuel prices to dent travel demand in the near term, but could later this year or next, Director General Willie Walsh said on Monday. | | | | | | American businesses are struggling to persuade overseas staff to join them in China due to the country's strict COVID-19 control measures and ongoing lockdowns, the American Chamber of Commerce in China said on Monday. | | | | | | Brazilian airline Azul SA said on Monday it expects its earnings before interest, taxes, depreciation and amortization (EBITDA) to reach a record of about 4 billion reais ($787.42 million) in 2022. | | | | | | British supermarket group Morrisons has won a battle with the owners of rival Asda to buy convenience store chain McColl's out of administration, Sky News reported on Monday. | | | | | | Palantir Technologies Inc forecast second-quarter revenue below Wall Street expectations on Monday, indicating slowing sales growth, as the data analytics software firm ramps up its salesforce to sign more deals amid rising competition. | | | | | | Alstom will supply 130 electric trains to South-German public transport operator SFBW, the French train maker said on Monday as it announced its largest order to date from the country. | | | | | | China's new yuan loans are expected to have dropped in April after a rebound in March as credit demand weakened, a Reuters poll showed, even as the central bank keeps policy accommodative to support the slowing economy. | | | | | |
