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IKEA to invest $1.41 billion in Chinese market to advance commercial operations

IKEA is looking to invest $1.41 billion in its Chinese operations to strengthen the network and improve its digital services in the country

Yana Berman
Traders allegedly buy Bitcoin for less than $1 following Amazon Web Service failure

Network outages with Amazon Web Services (AWS) are causing major cryptocurrency exchanges to experience significant problems

Lawrence Gash
Libra Association members already consider leaving following regulatory scrutiny

At least three members of Facebook’s planned digital currency Libra have privately considered abandoning the association only two months after it was announced

Lawrence Gash
HP appoints new CEO who started at the company as an intern

The American information technology firm Hewlett-Packard (HP) has a new CEO

Lawrence Gash
Tesco ‘could ban brands’ with excessive plastic from shelves

Supermarket boss Dave Lewis said the retailer would reserve the right not to list products with too much non-recyclable packaging.

Capital.com News
RBS and Santander told to fix PPI procedures

Both banks breached an order which has been in place since 2011.

Capital.com News


Facebook's stock rises as its anticipated ‘clear history’ tool rolls out

Facebook’s stock saw a slight increase on Wednesday, August 21, according to data provided by TradingView, as the company finally rolled out its anticipated “clear history” tool.

Yana Berman
Walmart sues Tesla as its solar panels ignite in several stores

Walmart is suing its long-time clean energy partner Tesla as seven of its solar panels ignited in Walmart’s stores

Yana Berman
European stock markets rise despite political crisis in Italy

Despite increasing tensions in Italy’s politics, European stock markets were on the rise on Wednesday

Yana Berman
Macron criticizes the world’s ‘crazy’ tech tax system

On Wednesday, August 21, French President Emmanuel Macron reaffirmed his support for a global tax on tech-giants

Lawrence Gash
US treasury yields rise ahead of Federal Reserve annual symposium

United States Government debt prices dipped earlier this morning, as anticipation grows for the U.S. central bank’s yearly symposium

Lawrence Gash
South Korea, UK sign ‘continuity’ trade agreement

Liz Truss, the UK’s International Trade Secretary, has signed a ‘continuity’ trade agreement with her South Korean counterpart Yoo Myung-hee on Thursday, August 22.

Lawrence Gash
Donald Trump says US economy is doing ‘tremendously well,’ no signs of recession

United States President Donald Trump has told reporters that there are no signs of recession in the U.S. economy

Yana Berman
OneSavings Bank reports loan growth as Charter Court merger progresses

The lender saw strong demand in the buy-to-let segment.

Capital.com News
Dublin High Court approves Ryanair bid to prevent Irish pilot strike

The 48-hour action had been due to start on Thursday morning.

Capital.com News