Monday

18th Dec 2017

Ticker

Italy government in takeover bid

Italy's Prime Minister Enrico Letta on Thursday faced calls from his rival Matteo Renzi of the Democratic Party to form a new government, reports the BBC. The 39-year-old Renzi is said to want replace Letta as the next Prime Minister. Letta says he will not resign.

EU set to probe Ikea tax affairs

Swedish founded furniture retailer Ikea has reportedly been targeted by the European Commission, which is set to launch an investigation into how tax schemes in the Netherlands allegedly enabled it to avoid paying into public coffers.

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