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Ikea's tax affairs to be investigated by the EU

TheEuropeanCommissionistoopenanin-depthinvestigationintoIkea'scorporatetaxstructure.TheCommissionsaidDutch-basedInterIkea,oneoftheSwedishgiant'stwodivisions,may

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Ikea to launch e-commerce business model in Shanghai

Swedish home furnishings retailer Ikea Group will launch its e-commerce business in Shanghai and start to sell its products online by the end of August.

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Ikea to recall millions of dressers blamed in deaths of three toddlers

​The company is expected to offer refunds in what’s being reported as an unprecedented recall of more than 25 million dressers.