IKEA turns the global local for Asia push

Without a willingness to lug cheap flat-pack wardrobes home and wrestle with self-assembly, there would be no IKEA, but in Asia, where the locals have other ideas, the Swedish furniture giant thinks

Thomas Cook to cut 2,500 jobs in UK

Travel firm Thomas Cook said it would cut 2,500 UK jobs and close 195 stores in Britain as the euro crisis, high fuel costs and unrest in key destinations like Egypt and

European carmakers go big on mini-SUVs

In the gloom of Europe's bottomless auto slump shines a relative bright spot, the mini-SUV – and beleaguered mass-market carmakers are piling in like excited joyriders. PSA Peugeot Citroen, Ford and Renault

Hackers attack Czech online bank sites

Several top Czech bank websites came under hacker attack on Wednesday, shutting down their internet banking and other online services. The online banking websites of Erste Group Bank's Ceska Sporitelna, KBC's CSOB