![[PHOTOS] 2013 Celebrity Couples](http://cdn.ph.upi.com/sblc/8741368788463/8/PHOTOS-2013-Celebrity-Couples.jpg "[PHOTOS] 2013 Celebrity Couples")
1.
Rail said sufficient to deliver North Dakota crude oil
MOSCOW, Oct. 7 (UPI) -- Swedish furniture maker IKEA said it was halting investment in a $1 billion Mega-4 mall northeast of Moscow until it completed other projects.
Specifically, the company will concentrate on completion of a shopping mall in the city of Samara, RIA Novosti reported Thursday.
It was unclear how much the decision was connected to a bribery scandal that came to light in February. The company fired two top managers, Per Kaufmann, director of IKEA for Central and Eastern Europe, and Stephan Gross, director for real estate in Russia, for failing to disclose information about a bribe paid by a contractor to secure a contract to supply the Mega Mall in St. Petersburg with electric equipment.
The mall project in Samara has run into its own difficulties, its opening delayed eight times since 2007 over code violations, RIA Novosti said.
|
|
|
|
|
|
| Additional Business News Stories | |
TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
|
TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption
