Recent Posts

Walmart new home office to get fitness centre, indoor pools

  Bloomberg Walmart Inc, which for years has managed its sprawling operations from a famously drab home office, is following through on plans to boost the amenities at its new headquarters complex. A fitness centre will feature tennis courts, three indoor pools and a teaching kitchen, while a child-care centre will be able to accommodate as many as 500 kids, ...

Read More »

Ikea invests $373m in solar parks in Germany, Spain

  Bloomberg Ingka Investments, the investment arm of Ikea’s biggest retailing group, has bought nine solar park projects in Germany and Spain for about $373 million. The projects are being developed by Germany-based Enerparc AG and expected to be ready for construction at the end of this year, according to an emailed statement. The solar energy production “will be sufficient ...

Read More »

India optimistic on US defense talks despite Russia tension

Bloomberg India is optimistic about talks next week with the US on military cooperation even as the Biden administration becomes more vocal in rebuking New Delhi over its reluctance to criticise Russia’s war in Ukraine, people familiar with the matter said. Recent public statements from Washington warning India about consequences for purchases of weapons and discounted oil from Russia are ...

Read More »
Send this to a friend