Australian consumer confidence plummets on interest rate fears

Follow and read us on Google Discover Australian consumer confidence fell again in September, entering deeply pessimistic territory, driven by household concerns that the Reserve Bank resume the rise in interest rates, as well as the increase in fuel prices. The Consumer Confidence Index fell 5.2%, to 84.4 points, as reported Westpac Banking in a …

Ikea celebrates four years in Chile, a more challenging entry than expected

Ikea celebrates four years in Chile, a more challenging entry than expected

Charlie

Financial Diary – Santiago Four years after its debut in the country, Ikea has been adjusting its strategy in Chile, Colombia and Peru, the three markets operated under the franchise of Falabella. The original plan of the world’s largest furniture retailer called for opening nine stores over a 10-year horizon. To date, the company has …