BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Swedish furniture retailer Ikea's online sales surged 45 percent over the 12 months to August, driven by 4 billion visits to its website as people turned their homes into makeshift schools and offices.
Outdoor furniture was Ikea's fastest-growing category, followed by office furniture.
Ikea also started began selling online in three new markets, including China.
But Ikea plans to keep opening physical outlets despite the probability that consumers may not revert to their old shopping habits.
Sales have held up better than other categories during the pandemic, insulating retailers like Ikea from widespread job losses and bankruptcies elsewhere.
Ikea added 6,000 employees to its global workforce, taking the total to 217,000.
Despite the pandemic and surge in online sales, Ikea opened 33 new stores, including in Seoul, Moscow, Macau, and Shanghai.
There are also plans to expand into new markets like the Philippines and Mexico.
The Ingka Group, which operates 374 Ikea stores, pointed out that life at home has become more important than ever, leading to a repurposing of the home in many ways.
Inter Ikea Group CEO Jon Abrahamsson Ring said that customers still love their stores and visited its outlets during the period.
The company said it would continue with its "total market approach," offering smaller showrooms.
