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India approves IKEA plan to open stores

The Indian government on Thursday approved a plan worth almost $2-billion by Swedish furniture giant IKEA to open stores in India for the first time, officials said. IKEA's plan to invest in India was approved in a cabinet meeting headed by Prime Minister Manmohan Singh, according to officials. The Swedish firm, which submitted its application last June, hopes to open 25 stores in India through a 100-percent owned unit called Ingka Holding. It comes as part of a wider push into emerging markets such as China and Russia.

India approves IKEA plan to open stores

The Indian government on Thursday approved a plan worth almost $2-billion by Swedish furniture giant IKEA to open stores in India for the first time, officials said. IKEA's plan to invest in India was approved in a cabinet meeting headed by Prime Minister Manmohan Singh, according to officials. The Swedish firm, which submitted its application last June, hopes to open 25 stores in India through a 100-percent owned unit called Ingka Holding. It comes as part of a wider push into emerging markets such as China and Russia.

Meatballs back on the menu at Ikea

Swedish furniture giant Ikea said Thursday it had started gradually reintroducing meatballs in its restaurants worldwide after horsemeat was found in the product last month. "We're starting with Sweden, Denmark, Finland and Austria" on Thursday, Ikea spokeswoman Ylva Magnusson said. Ikea pulled its trademark frozen meatballs off the shelves and from its restaurants in 25 countries in Europe and Asia in late February after traces of horse DNA were found.

IKEA turns the global local for Asia push

By Anna Ringstrom MALMO, Sweden, March 6 (Reuters) - Without a willingness to lug cheap flat-pack wardrobes home and wrestle with self-assembly, there would be no IKEA, but in Asia, where the locals have other ideas, the Swedish furniture giant thinks it still has a bright future. As it expands in China and prepares to break into India, IKEA Chief Executive Mikael Ohlsson trusts that its core concept, influenced by painstakingly acquired local knowledge, will, over time, give it an edge.

Ikea probing faecal bacteria in almond cake

Swedish furniture giant Ikea said Tuesday it was investigating claims that Chinese authorities had found coliform bacteria, normally present in faecal matter, in an almond cake made in Sweden for the company's restaurants. The cake had failed tests "for containing an excessive level of coliform bacteria, according to the General Administration of Quality Supervision, Inspection and Quarantine," the Shanghai Daily website wrote.

CORRECTED-OFFICIAL-IKEA stops selling all minced meat products from main supplier

(Company corrects to say IKEA in Malaysia has a local meatball supplier) STOCKHOLM, Feb 27 (Reuters) - IKEA stopped selling all minced meat products from its main supplier, two days after taking its trademark meatballs from from the same Swedish supplier off menus over concerns they contained horsemeat.

Ikea says horsemeat in meatballs, pulls more dishes

Ikea said Wednesday it was withdrawing more food products from its stores in Europe as tests confirmed the presence of horsemeat in its meatballs. The Swedish furniture giant pulled its hot dogs in France, Spain, Britain, Ireland and Portugal, and two traditional dishes sold in Sweden: a veal patty known as "wallenbergare" and a cabbage beef casserole.

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Ikea meatball producer finds horsemeat: agency

The producer of Ikea meatballs withdrawn from shelves in 25 countries has found horsemeat in its products, Sweden's national food agency SLA said Wednesday. The agency was informed by Swedish company Dafgaard that its own tests had confirmed the presence of equine DNA, a spokeswoman for the agency said. Dafgaard was unavailable for comment. The Swedish furniture giant said Tuesday it had pulled one-kilogramme (2.2-pound) bags of frozen meatballs off its shelves in 25 countries.

Ikea meatball producer finds no horsemeat in products

The producer of Swedish furniture giant Ikea's trademark meatballs said Tuesday it had found no horsemeat in the product in which Czech authorities claim to have discovered traces of equine DNA. "Out of 320 tests performed in the last three weeks, none contain horsemeat," said the chief executive of Dafgaard, Ulf Dafgaard. In addition to testing the ingredients used, the contents of products that were ready to be sold had been analysed by the company and by an external laboratory, he added. "We continue to perform further tests," Dafgaard said in a statement.
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