Household and Personal Products Household Products

  • LONDON, July 29- Consumer goods maker Reckitt Benckiser has ramped up its efforts to sell items such as condoms and vitamins online, aiming to capture new revenue streams as traditional markets get more competitive. Reckitt's own Durex condom website in China is already its single largest customer in the world's fastest-growing e-commerce market, doubling...

  • LONDON, July 29- Consumer goods maker Reckitt Benckiser Group toned down its full-year sales outlook after second-quarter growth missed estimates due to a scandal over humidifier sanitisers in South Korea. Amid the scandal, South Korean retailer Lotte Mart stopped ordering any products from Reckitt, contributing to a sharp decline in the country, which made...

  • Colgate Palmolive toothbrushes

    Colgate-Palmolive on Thursday posted second-quarter earnings that were better than expected by a penny a share.

  • A man walks past a Lumber Liquidators store in Philadelphia.

    Lumber Liquidators' quarterly sales fell for the fifth straight quarter as the company struggles to convince customers its hardwood flooring is safe.

  • *Dollar Shave Club expertise to boost other businesses. LONDON, July 21- Consumer goods group Unilever beat second-quarter sales forecasts on Thursday, helped by price rises, but kept its full-year target unchanged as some of its markets worsen and comparisons get tougher in the second half of the year. The Anglo-Dutch maker of Dove soap, Lipton tea and Magnum ice...

  • WASHINGTON, July 15- U.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods, bolstering views that economic growth picked up in the second quarter. The bullish data and a rally on Wall Street could allow the Federal Reserve to raise interest rates later this year, but much will depend on policymakers'...

  • *Graduates still look to Silicon Valley, Wall Street. LONDON, July 13- When Barclays executive Sam Dean went to a career fair earlier this year, he asked to speak with a group of students who were not studying finance. "There is no doubt that the banking industry has made some mistakes in recent years in the way that it has run its graduate recruitment processes," said...

  • LONDON, July 7- European shares rose on Thursday after a three-day losing streak, buoyed by gains in major consumer goods stocks such as Danone and Associated British Foods. The company should furthermore be a boost for organic growth in coming years, "said Baader Helvea analyst Andreas von Arx. Associated British Foods rose 7.7 percent after saying it was...

  • Stocks to Watch: June 17, 2016

    Lumber Liquidators, Viacom and Revlon are making headlines this Friday morning.

  • June 16- Lumber Liquidators Holdings Inc has agreed not to sell its existing inventory of laminate flooring previously sourced from China, the U.S. consumer safety regulator said, as the flooring retailer looks to move beyond allegations the products contained excessive levels of cancer-causing formaldehyde. The U.S. Consumer Products Safety Commission...

  • WASHINGTON, June 15- U.S. industrial production fell more than expected in May on a decline in utilities output and auto manufacturing, the Federal Reserve said on Wednesday, a sign that the economy may be losing some steam in the second quarter. Industrial output declined 0.4 percent last month after a downwardly revised 0.6 percent increase in April.

  • *Volume seen surging from 2016' s 3.09 trillion yuan. Jack Ma sees 2 bln consumers on Alibaba books by 2036. At an investor conference at its headquarters in Hangzhou, China, Alibaba said it expects to record 6 trillion yuan in gross merchandise volume in fiscal 2020, nearly double 3.09 trillion yuan in fiscal 2016..

  • CHICAGO, June 7- U.S retailer Target Corp is asking many suppliers to take on an extra 3-5 percent of the cost of promotions and price cuts after slow sales so far this year. Minneapolis- based Target, the second-largest discount retailer in the United States, wants to minimize the impact of markdowns on profit in a tough year as middle income customers make fewer...

  • BRUSSELS, June 6- A German regulator has fined three companies for still relying on a Safe Harbour agreement to electronically transfer personal data to the United States, despite the deal being declared invalid by the EU's highest court last year on concerns about U.S. mass surveillance activities. Companies that need to transfer personal data to the United...

  • Shanghai Leishang Cosmetics Ltd. Co. said it strongly shuns and condemns racial discrimination but blamed foreign media for amplifying the ad.

    A Chinese laundry detergent maker apologized for the harm caused by the spread of an ad in which a black man "washed" by its product.

  • Massive recall for kids' spill-proof cups

    Mayborn USA is recalling some of its cups for children between four- and twelve-months old due to risk of mold.

  • Cute Quips Sipper Cups by Mayborn

    More than 3 million cups for children are being recalled by Mayborn USA because of the risk of mold that could cause sickness.

  • Analysts value unit at around 5 billion euros. *Philips Group will now focus on Healthcare operations. AMSTERDAM, May 3- Philips plans to sell at least 25 percent of its lighting business, the world's largest maker of lights, on the stock market to focus on its larger medical equipment operations, it said on Tuesday.

  • Dyson unveils 'significantly quieter' hair dryer

    The company's new machine is expected to be quieter than traditional hair dryers and protect hair from extreme heat damage.

  • OTTAWA, April 25- Canadian non-resource exports should post healthy gains this year, the country's trade financing agency said on Monday, a development the central bank is counting on to help revive an economy hobbled by weak global energy prices. Canada is a major energy exporter and has been hit hard by slumping crude oil prices. The Bank of Canada is relying on...