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Ikea woos India's rising consumer class, tapping new marketsHYDERABAD, India (AP) — In Hyderabad's bustling Nampally furniture market, customers explore a crowded, dusty labyrinth of shops, haggle over prices and work with carpenters to design made-to-order housewares. This is the competition Swedish giant Ikea faces in tackling the $40 billion Indian market for home furnishings, which is growing quickly along with the country's consumer class. India is a test case for whether Ikea should keep shifting resources toward emerging economies, including Latin America and China, given the saturation of markets in Europe and the United States — and the possibility of another global recession. More cheap junk-just what any country that doesn't have a handle on sanitation needs (not that any country needs it) This is an advertisement- not 'news.'
Source: AP - 🏆 728. / 51 Read more »
European markets seen mixed amid earnings, economic dataEuropean stocks are set to open mixed Thursday morning, amid rising hopes the world's two largest economies could soon secure a trade deal to end a protracted dispute. Hey. God is in America. Serious. Everyone wants to come here, Why do y think we're trying to get the wall passed.
Source: CNBC - 🏆 12. / 72 Read more »
European markets struggle as investors respond to HSBC and BHP earningsEuropean stocks were down on Tuesday, as investors responded to disappointing earnings from HSBC and BHP Group while trade negotiations between the U.S. and China continue
Source: MarketWatch - 🏆 3. / 97 Read more »
Europe Again Champions Intervention to Counter China’s Economic MightEurope’s struggle to keep up with China’s government coordination of business and economic might of the U.S. has prompted more European politicians to advocate interventionism. Much of Europe couldn't fight their way out of a wet paper bag. A symptom of capitalism's decline. Good for consumers in Europe.
Source: WSJ - 🏆 98. / 63 Read more »
China’s Property Market, Once a Lifeline, Now Carries Economic RisksHome prices are slumping in a number of smaller cities across China and officials express deepening concern with financial risks from years of rising property debt, illustrating why property sales aren’t expected to help bail out the economy as overall growth slows this year. M It's a big deal for their economy Old old stuff, please don't repeat old news w/o additional information, boring.
Source: WSJ - 🏆 98. / 63 Read more »
Walmart 'holding its own' against Amazon ahead of earnings reportWalmart is set to report earnings for the holiday quarter before the bell Tuesday. I have Three WanderUnderU s
Source: CNBC - 🏆 12. / 72 Read more »