STOCKHOLM (Reuters) -IKEA has extended the period it will pay nearly 15,000 staff in Russia by three months, through August, and may continue to pay workers beyond that.

IKEA retailer Ingka Group is spending 3 billion euros ($3.2 billion) through 2023 on new and existing stores, much of it to modify its trademark out-of-town outlets so they can double up as e-commerce distribution centres.

For decades, a cash-filled envelope - or "sobre" - was how hundreds of thousands of Spaniards working without legal contracts in tourism, agriculture or construction collected their salaries.

On Friday, St. Louis Fed President James Bullard argued that the U.S. Federal Reserve is "not as far behind the curve as you might have thought".

Bipartisan majorities of U.S. adults think CEO pay is too high, a new poll found, presenting a challenge for corporate boards looking to balance compensation for leaders and workers.

China's Iranian oil imports in April came off peak volumes seen in late 2021 and early 2022 as demand from independent refiners weakened after COVID-19 lockdowns pummelled fuel margins and on growing imports of lower-priced Russian oil.