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Main IKEA retailer’s profits jump despite ‘unprecedented challenges’
By Anna Ringstrom STOCKHOLM (Reuters) - Ingka Group, the owner of most IKEA stores world-wide, reported on Tuesday a jump in annual profit on the back of record demand for home furnishing as people st...
Syndicated Content Nov 29, 2021
Designer Virgil Abloh remembered at Fashion Awards
LONDON (Reuters) - Designers and celebrities paid tribute to Virgil Abloh at the Fashion Awards in London on Monday, where the late Louis Vuitton and Off-White creative force was honoured as a leader ...
Syndicated Content Nov 29, 2021
Gap settles U.S. charges of job discrimination based on immigration status
By Jonathan Stempel (Reuters) - Gap Inc has settled federal charges that it routinely discriminated against employees who were not U.S. citizens because of their immigration status, the Department of ...
Syndicated Content Nov 29, 2021
Failure to deal with debt limit would ‘eviscerate’ U.S. economic recovery – Yellen
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen urged Congress to raise the U.S. debt limit or risk undermining what she described as the U.S. economy's "quite remarkable" recovery from th...
Syndicated Content Nov 29, 2021
Prosecutors ask U.S. Supreme Court to overturn ruling that freed Bill Cosby
By Joseph Ax (Reuters) - Pennsylvania prosecutors on Monday said they have asked the U.S. Supreme Court to toss out the state court decision that overturned Bill Cosby's sexual assault conviction earl...
Syndicated Content Nov 29, 2021
German inflation hits highest in decades, increasing pressure on ECB
By Michael Nienaber BERLIN (Reuters) - German consumer price inflation rose further in November to hit another record high, preliminary data showed on Monday, increasing pressure on the European Centr...
Syndicated Content Nov 29, 2021
Fauci says can’t predict if Omicron will become dominant variant in U.S
(Reuters) - The United States' top infectious disease official Anthony Fauci said on Monday it could not yet be predicted if the Omicron COVID-19 variant will become the dominant variant in the countr...
Syndicated Content Nov 29, 2021
Fed’s Bowman says well-being of Indigenous people important for financial inclusion
(Reuters) - Federal Reserve officials need to factor in the economic well-being of Indigenous people as they work to improve access to banks and other financial services, Fed Governor Michelle Bowman ...
Syndicated Content Nov 29, 2021
Google failed to honor ‘don’t be evil’ pledge in firing engineers – lawsuit
By Julia Love SAN FRANCISCO (Reuters) - A group of former Google employees sued the Alphabet Inc unit on Monday alleging that it breached their employment contracts by not honoring its famous motto "d...
Syndicated Content Nov 29, 2021
UnitedHealth forecasts 2022 profit below estimates
(Reuters) - UnitedHealth Group Inc on Monday forecast profit for 2022 below Wall Street estimates, as it grapples with a surge in insurance claims due to the COVID-19 pandemic. The U.S. health insurer...
Syndicated Content Nov 29, 2021
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