Juul CEO resigns as Philip Morris, Altria merger talks collapse

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Source: Dukascopy Bank SA
The CEO of the e-cigarette maker Juul announced a resignation on Wednesday, after merger negotiations between Philip Morris and Altria collapsed due to a regulatory retaliation against vaping, posing a danger to the whole industry.
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Thu, 26 Sep 2019 07:46:28 GMT

Peloton Interactive attracts $1.16B in IPO

The US fitness start-up Peloton Interactive Inc raised $1.16B in its IPO conducted on Wednesday after the firm had priced the shares at its target range's top end of $29 per share.

Thu, 26 Sep 2019 05:16:40 GMT

IKEA reports record-high sales

IKEA reported its annual sales above $44B for the first time in the Swedish furniture group's history, as its push into e-commerce produced increase in online revenue.

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