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Russian tax service demands $140 million from IKEA – media

The Swedish furniture-making giant exited Russia amid Western sanctions, but it still has assets in the country The Russian Federal Tax Service has filed a legal complaint with the Arbitration Court of Moscow Region against a local subsidiary of Swedish furniture manufacturer IKEA, the business daily Kommersant reported this week, citing court documents.

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Iconic Berlin department store declares bankruptcy

KaDeWe Group, which runs the eponymous flagship retailer in Berlin and two other high-end outlets in Hamburg and Munich, has filed for insolvency under self-administration, the corporation announced this week.

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US House to vote on Israel-only aid bill – speaker

The speaker of the United States House of Representatives, Mike Johnson, announced on Saturday that he would hold a vote on a “clean, standalone” aid package for Israel that will not entail any spending cuts.

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