EU regulators to investigate Ikea’s Dutch tax deals
The European Commission said on Monday that it was looking into two tax rulings issued to Inter Ikea, which operates Ikea’s franchise business and collects a franchise…
New Zealand to reopen malls from Thursday as virus curbs eased
The Pacific nation was locked down for more than month under “level 4” restrictions that were eased by a notch in late April. It has continued to…
Oasis and Warehouse under pressure as credit insurer pulls cover
Last week’s collapse of occasion wear brand Coast, previously owned by the same parent company Aurora Fashions, is understood to have triggered the decision, reported the Evening…
Over 100 countries agree to seek digital tax consensus by 2020- OECD
Big digital companies like Google, Apple and Amazon have for years been able to exploit current rules to legally slash their tax bills in some countries, leaving…
Customer reviews, virtual try-on- online beauty purchases are appealing… under certain conditions
This survey was conducted among 2000 British and American consumers aged between 16 and 35. The report shows that 44% of respondents bought more beauty and skincare…
JD.com CEO will not face assault charges in Minnesota
Hennepin County Attorney Michael Freeman said there were “profound evidentiary problems which would have made it highly unlikely that any criminal charge could be proven beyond a…
Swiss watch exports to Hong Kong fall 1.3% in July
That was a sharp improvement from the 27% drop in June.Overall exports by the sector rose 4.3% to 1.9 billion Swiss francs ($1.94 billion) in July. One…
Skechers launches new recycled collection, announces partnership with The Nature Conservancy
The Our Planet Matters collection is manufactured using recycled materials, including cotton, polyester, rubber, EVA and TPU, and features durable, washable designs that aim to extend the…
Prada apologizes after racism accusations, will set up diversity council
The so-called “Pradamalia” creatures — featured prominently in the window display of its Soho store in New York — sparked outrage for their exaggerated red lips that…
The Hut Group launches multi-million pound coronavirus aid package
The company is based in Manchester and around half of the multi-million pound package will be spent in that area. The rest of it will be spent…