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Gardening tools firm Husqvarna sees battery-powered sales boost

Husqvarna , the world's biggest maker of power gardening tools, has raised its overall financial targets and growth ambitions for robotic lawn mowers and other battery-powered products.

Main IKEA retailer s profits jump despite unprecedented challenges

Ingka Group, the owner of most IKEA stores world-wide, reported on Tuesday a jump in annual profit on the back of record demand for home furnishing as people stay at home more due to the pandemic.

Analysis: KKR s Telecom Italia approach may call time on Italy discount

A $12 billion takeover proposal for Telecom Italia by private equity giant KKR has highlighted an 'Italian discount', which a surge in investor interest and a European fund aimed at supporting its struggling economy could help narrow.

UK carpet maker Victoria to buy rugs unit of Belgium s Balta

Flooring products maker Victoria Plc said on Monday it would buy the rugs division along with the UK polypropylene carpet and non-woven carpet businesses of Belgium's Balta Group NV for 138 million euros ($155.50 million).

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