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Household and Personal Products Household Products

  • NEW DELHI, March 1- Surprised again by India's strong official growth statistics, economists are relying increasingly on high-frequency indicators like bank credit and rail freight to gauge the real health of Asia's third-largest economy. For India's cash-reliant economy, Prime Minister Narendra Modi's decision in November to outlaw old 500 and 1,000...

  • Unilever said it was reviewing its options to increase shareholder value, days after it rejected a surprise $143 billion takeover bid from Kraft Heinz.

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters...

  • Feb 15- Procter& Gamble Co, maker of Tide detergent and Gillette razors, will face ever greater pressure to slice costs and slow-growing divisions now that activist investor Trian Partners is a major shareholder. A person familiar with the matter told Reuters that Trian currently holds more than $3 billion of P&G's stock. Bernstein Research said in January 2016...

  • Feb 15- Procter& Gamble Co, maker of Tide detergent and Gillette razors, will face ever greater pressure to slice costs and slow-growing divisions now that activist investor Trian Partners is a major shareholder. A person familiar with the matter told Reuters that Trian currently holds more than $3 billion of P&G's stock. Bernstein Research said in January 2016...

  • Feb 14- Trian Fund Management LP on Tuesday disclosed that it bought a $3.5 billion stake in Procter& Gamble Co, making it the second activist shareholder to take aim at the consumer products giant in the last five years. Cincinnati, Ohio- based P&G, maker of Tide detergent, Gillette razors and Crest toothpaste, is a $225 billion behemoth whose stock price has hardly...

  • This bed stops babies from crying

    The babocush allows babies to rest in a semi-upright position with their airways open.

  • CAIRO, Feb 13- Egypt's most famous export, the silky soft cotton prized by makers of luxury bedding and clothing, has become so scarce as production has fallen that most supplies sold under its brand name last year were fake. Last year, agricultural production of Egypt's high quality long-staple cotton hit a more than 100- year low. Production has slumped since...

  • Enfimil infant formula, made by Mead Johnson Nutrition Co., sits on display in a supermarket in New York, U.S.

    Reckitt Benckiser has agreed to buy U.S. baby formula maker Mead Johnson Nutrition.

  • Clorox CEO: We’re investing in digital, which will be a disruptive force

    Jim Cramer spoke to Clorox CEO Benno Dorer to get a better sense of the company’s earnings, growth and outlook.

  • Stocks to Watch: February 3, 2017

    Amazon, Clorox, and Hershey stocks are making headlines this Friday morning.

  • LONDON, Feb 2- Britain has had its strongest start to the year for M&A activity since 2008 on the back of a spate of big deals, a sign that some businesses are trying to plan for a more uncertain future outside the European Union. Bankers say fears of an economic slowdown after Britain leaves the EU has put pressure on companies to secure growth in new markets and...

  • Jan 26- Whirlpool Corp, the world's largest maker of home appliances, reported lower-than-expected fourth-quarter earnings on Thursday, hurt by a decline in sales in the United Kingdom following the vote in June to leave the European Union. Margins were negatively impacted by about $40 million in the UK due to a decline in the value of the pound and a drop in...

  • Jan 23- Consumer goods packaging company Silgan Holdings Inc said it would buy WestRock Co's business that makes soap dispensers and perfume sprayers for about $1 billion. The unit, which has 13 plants in North America, Europe, South America and Asia, generated $566 million in revenue in the year ended Sept. 30. Norcross, Georgia- based WestRock said the sale would...

  • *Data may add pressure to European Central Bank policy. BRUSSELS, Jan 12- Industries across the euro zone cranked up output in November and Germany ended the year with its strongest growth in five year, data showed on Thursday, pointing to an economic spurt that may be arriving earlier than some ECB policymakers expect. That gelled with a surprisingly large...

  • *Data may add pressure to European Central Bank policy. BRUSSELS, Jan 12- Industries across the euro zone cranked up output in November and Germany ended the year with its strongest growth in five year, data showed on Thursday, pointing to an economic spurt that may be arriving earlier than some ECB policymakers expect. That gelled with a surprisingly large...

  • *FTSE 100 hits new record high, up 0.2 pct. *FTSE small-cap hits new record high. The FTSE 100 opened at a record high of 7,239.26 points, then settled at 7,227.11 points, up 0.2 percent, by 1020 GMT.

  • Yankee Candle's Luminous Collection candle

    Yankee Candle is recalling around 31,000 of its "Luminous Collection" candles, saying a glass jar is a laceration hazard.