Bloomberg The world’s largest Ikea store will open in 2020 in the Philippines as the Swedish furniture retailer presses on its bets in Asia. Ikea will debut a 65,000 square metre (700,000 square feet) store in SM Prime Holdings Inc.’s Mall of Asia where it’s leasing a space that’s equal to more than 150 basketball courts, Ikea Southeast Asia Managing …

Bloomberg Casino Guichard-Perrachon SA promoted David Lubek to chief financial officer as the embattled French supermarket chain freshens up management in a bid to fend off short sellers who question its accounting. Lubek, 45, replaces Antoine Giscard d’Estaing, a 57-year-old nephew of a former French president. The outgoing CFO will pursue new professional projects after 10 years at the company, …

TIRANA / WAM The Albanian Parliament and the International Parliament for Tolerance and Peace (IPTP) honoured the late Sheikh Zayed bin Sultan Al Nahyan in Tirana, Albania. The members of the parliament stood in respect for the UAE Founding Father, in appreciation of his contributions to promoting tolerance and peace around the world, during the second session of the Albanian …