Bloomberg Swedish home-furnishings giant Ikea gave a bleak outlook for the retail industry, saying it expects shortages from the supply-chain crisis to remain an issue through the middle of next year. “The biggest challenge has been getting products out of China, where there has been a very limited capacity,” Chief Executive Officer Jon Abrahamsson Ring of Inter Ikea, the worldwide ...

Bloomberg Southeast Asian countries have agreed to exclude the Myanmar’s junta leader from a big ticket summit later this month, a rare and decisive move to hold the regime accountable for worsening civil strife in the country and refusing to engage with its political opponents. Myanmar, controlled by a military junta led by Min Aung Hlaing since a February coup, ...

Bloomberg Venezuela’s government pulled out of a round of negotiations with the political opposition set to begin on Sunday in Mexico to protest the extradition of a close ally of President Nicolas Maduro to the US. “The government is suspending its participation in the negotiation and dialogue roundtable,” said Jorge Rodriguez, president of the government-controlled National Assembly and chief of ...