Monday , 9 February 2026

Recent Posts

Samsung blames small battery flaw for prompting Note 7 recall

  Bloomberg Samsung Electronics Co. blamed a minor battery manufacturing flaw for prompting a global recall of its Galaxy Note 7 smartphones and is seeking more time to investigate the cause behind its deepest crisis in years. The Korean company outlined the preliminary findings in a report to the country’s technology standards agency that hasn’t previously been released. Initial conclusions …

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Ikea targets China, India expansion to meet sales growth aim

  Bloomberg Ikea Group laid out plans to accelerate its expansion in China and open its first store in India as the world’s largest furniture retailer seeks to boost sales by almost 50 percent over the next four years. In China, where the company opened its first store almost two decades ago, sustained growth will enable an accelerated pace of …

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Billionaire Kuok to seek $500 million cinema unit sale

  Bloomberg Billionaire Robert Kuok is seeking a buyer for Golden Screen Cinemas Sdn., Malaysia’s largest movie theater chain, in a deal that could fetch as much as $500 million, people with knowledge of the matter said. PPB Group Bhd., a Kuala Lumpur-listed company controlled by the Malaysian tycoon, has received first-round bids for the cinema business, according to one …

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