Ikea avoided €1bn in tax, claim MEPs

Probe demanded into whether furniture group’s tax affairs

L’Oréal’s luxury arm spurs 9% sales rise

Weaker euro strengthens cosmetic group’s North American results

Telecom Plus slips on fuel cost fears

FTSE 100 bounces off a three-year low

Defensive stocks: pay to not play

The stalwarts of the last crisis look less appealing now

Hermès says global slowdown to hit sales

Slowing demand follows heavy investment by luxury group

Hornby shares tumble after profit warning

Train-set maker says it is in discussions with its lenders

Star Wars film lifts toy sales at Hasbro

Boys segment jumps 35% on back of popular film franchise

Zika virus threatens Brazil’s Olympic boost

From pharmaceuticals groups to cruise operators, companies are only starting to fathom the impact

Hon Hai/Sharp: badly screened

Sale of the struggling group would be a win for Japan

GoPro: unicorn no, cash cow maybe

Camera maker is not yet heading for the knacker’s yard

Japanese tech groups lose pace in AI race

Fears that tech industry’s failure to capitalise on robot boom reflects more than marketing errors

GoPro to axe low-end action cameras

Company changes focus as it warns on sales

Witty avoids City’s would-be surgeons

GSK chief could be in store for bad news at yearly check-up

Swatch hit by strong Swiss franc

Watchmaker says ‘dismal currency situation’ has squeezed exports and prompted a sharp fall in profits

Lawsgroup’s journey: Hong Kong to Myanmar

Wage rises force textile maker to move work but CEO is laid-back

Luxottica: visionary

At the eyewear maker, seniority does count for something

Luxottica shares dive on management fears

Luxury eyewear group loses third CEO in 18 months with departure of Adil Mehboob-Khan

Xerox bows to Icahn and hits split button

Activist investor offered board seats as photocopier group divides

Jimmy Choo bucks China luxury slowdown

UK high-end shoemaker lifts sales and adds 15 stores

Tech components: old tricks make dogs

Gadget consumers have fallen victim to smartphone indigestion


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