Ikea goes modern, computer friendly with its catalog typeface _ to style mavens' outrageAugust 30th, 2009 Style critics hit latest Ikea design: catalog typeSTOCKHOLM — Ikea, the Swedish furniture chain, said Sunday it never expected such a backlash after switching typeface in its latest catalog. The company's decision to make its first such font change in 50 years — from the iconic Futura typeface to the Verdana one — has caused a worldwide reaction on the Internet.
Ikea chain's new catalog font sparks worldwide reactionAugust 30th, 2009 Ikea defends its new catalog typefaceSTOCKHOLM — Ikea, the Swedish furniture chain, said Sunday it never expected such a backlash after switching typeface in its latest catalog. The company's decision to make its first such font change in 50 years — from the iconic Futura typeface to the Verdana one — has caused a worldwide reaction on the Internet.
Rain postpones Knoxville Nationals, race now set for SundayAugust 16th, 2009 Rain postpones Knoxville NationalsKNOXVILLE, Iowa — The final two races of the Knoxville Nationals were postponed Saturday night because of heavy rain. The feature race, regarded as the biggest race of the sprint car season, will be run Sunday night.
Bharti, MTN yet to finalise merger dealJuly 31st, 2009 NEW DELHI - Indian telecom major Bharti Airtel and South African telecom giant MTN are yet to finalise their much-awaited merger deal, a senior official said here Friday. There is nothing as of now, a Bharti spokesperson said adding the company would update markets only Monday.
Central Pacific Financial postpones $100M stock offeringJuly 30th, 2009 Central Pacific postpones stock offeringHONOLULU — The parent of Central Pacific Bank says it is postponing its previously announced $100 million stock offering. Central Pacific Financial Corp.
Airtel still in talks with South Africa's MTNJuly 23rd, 2009 NEW DELHI - India's leading telecom operator Bharti Airtel is still in talks with South African telecom giant MTN for a possible merger, a top official said Thursday. "Talks are going on between Bharti Enterprises, the parent of Bharti Airtel, and South Africa's MTN Group to form a global business combination," Akhil Gupta, managing director of Bharti Enterprises, told reporters.
Swedish founder of Ikea says furniture retailer must cut more jobsJuly 7th, 2009 Ikea furniture retailer to cut more jobsSTOCKHOLM — Swedish flat-pack giant Ikea must cut more jobs than previously announced as the financial crisis continues to weigh on demand for its furniture, founder Ingvar Kamprad said Tuesday. Kamprad did not say exactly how many workers would be affected.
Mutual funds cannot charge entry fee from AugustJuly 1st, 2009 MUMBAI - Mutual funds have been barred from charging an entry fee on investments from Aug 1, India's market regulator said in a late evening announcement Tuesday. Mutual funds can, however, levy a "a maximum of 1 percent of the redemption proceeds" when an investor exits from the scheme, the Securities and Exchange Board of India (SEBI) said.
Israel's Netanyahu postpones meeting with Obama's Mideast envoyJune 23rd, 2009 Israeli prime minister postpones Mitchell meetingROME — A meeting between Israeli Prime Minister Benjamin Netanyahu and President Barack Obama's special Middle East peace envoy, former Sen. George Mitchell, has been postponed.
Boston Globe union puts off meeting with labor board as contract talks continueJune 18th, 2009 Boston Globe union postpones meeting with NLRBBOSTON — A meeting between The Boston Globe's largest union and the National Labor Relations Board has been postponed as the union continues its talks with management over $10 million in contract concessions. The meeting was postponed on Tuesday and again on Thursday after the union and management restarted negotiations.
Ikea says expansion in Russia stalled by red tape, analysts point to economyJune 12th, 2009 Ikea: Expansion in Russia is stalled by red tapeMOSCOW — In just nine years, Swedish furniture retailer Ikea has opened 11 of its huge stores in Russia in hopes of capitalizing on Russia's nascent middle class. Now the company says it may halt its expansion drive after running into troubles with unpredictable officialdom.
Focus on manufacturing sector, Doha trade talks: SharmaJune 11th, 2009 NEW DELHI - The government is committed to reviving the manufacturing sector and generating employment as well as resuming the stalled global trade talks, Commerce and Industry Minister Anand Sharma said here Thursday. We need to encourage the manufacturing sector and industrial activities for providing more employment in the country, he told industrialists at an interaction organised by the Confederation of Indian Industry (CII).
Bharti, South African telecom firm resume talks to swap stakesMay 25th, 2009 NEW DELHI - India's Bharti Airtel and South African telecom giant MTN have resumed talks to hold stakes in each other's companies, restarting the negotiations that had collapsed last year. Thr two groups are discussing options under which Bharti will acquire 49-percent stake in MTN and the South African company will buy 36-percent stake in the Indian company, the two firms announced Monday.
'Irrational tax structure crippling Indian art industry'March 26th, 2009 KOLKATA - An 'irrational tax structure' is crippling the art industry and the government should slash import and value-added taxes (VAT) on artworks to help the sector flourish, says an industry lobby group. 'The tax structure on artwork is too irrational in India.
Checkpoints lifted at Chandigarh grain marketJanuary 8th, 2009 CHANDIGARH - Following widespread protests by the trader community for the last one week, barricades and police checkpoints put up at the entry points of the vegetables and grain market here were removed Friday morning. With this decision of the administration, the traders at the grain market have also decided to end their two-day old strike.
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