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EU targets Ikea’s Dutch tax deals

Bloomberg Ikea is the latest company ensnared in the European Union’s sprawling tax probes as regulators look at whether the retailer’s revenue deals in the Netherlands allowed it to avoid hundreds of millions of euros of taxes. The tax breaks may have given Inter Ikea Group, which operated the Swedish furniture maker’s franchise business, an unfair advantage over rivals, the ...

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US first daughter opens brand new store at Trump Tower

Bloomberg To get to Ivanka Trump’s store in Trump Tower, shoppers must first walk past metal barricades and police in body armor toting automatic weapons. Through the revolving doors is another checkpoint, where security employees check your bags. Then, once you’ve made it through, the now famous lobby and its golden elevators appear. In an alcove just to the side ...

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UAE’s development experience hailed

ABU DHABI / WAM Hu Changsheng, Director-General of the Organisation Department of the Communist Party of China at the Fujian Province, has praised the UAE’s overall advanced social and development experience. Changsheng made this statement during a lecture organised by the Emirates Centre for Strategic Studies and Research (ECSSR) at its headquarters in Abu Dhabi, under the theme, “Promoting the ...

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