Fire-safety officers have shut down Ikea's new furniture retail mega mall in provincial Russian city of Nizjni Novgorod for 30 days. As a result the Ikea store that opened less than a month ago and the 150 shops attached to it will miss out on the lucrative Christmas season.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
