January 3, 2021

Category: Business

Business

Ikea to stop printing paper catalogue

After more than 70 years of printing, Ikea has decided to stop publishing its paper catalogue. The Swedish furniture giant said in a news release Monday that it will focus on an all-digital listing of its wares. “Times are changing,” the company said in the statement. “Ikea is transforming its business model to become more accessible and […]

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Business

Brookfield buys rest of mortgage insurer Genworth

Brookfield Business Partners LP has signed a deal to buy the remaining interest in Genworth MI Canada Inc. that it does not already own in an offer that values the company at about $3.8 billion. Brookfield owns a 57 per cent stake in the residential mortgage insurance company. Under the terms of the agreement, Brookfield […]

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