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.
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.
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.