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Unilever PLC

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  • LONDON/ NEW YORK, March 26- Anheuser-Busch InBev, the world's largest brewer, is close to proposing JAB Holding Chief Executive Olivier Goudet as its next chairman, according to four sources familiar with the matter. Goudet, born in 1964, has served as chief financial officer of US confectionery giant Mars Inc. Since June 2012, he has been partner and CEO of JAB...

  • LONDON, March 9- WPP strengthened its position at the top of the advertising industry last year as its geographical reach and strong digital sales gave it the edge over its two closest rivals, who were distracted by a failed merger. WPP, which counts the likes of Ford, Unilever and Microsoft among its clients, reported a 3.3 percent rise in 2014 like-for-like net...

  • Two non-executive directors to quit Tesco board Thursday, 26 Feb 2015 | 6:36 AM ET

    LONDON, Feb 26- Changes to the make-up of Tesco's board continued apace on Thursday with Britain's biggest retailer saying two of its non-executive directors will leave at the end of the month. Richard Broadbent will be succeeded as Tesco chairman by John Allan on March 1. A new chief executive, Dave Lewis, and finance director, Alan Stewart, were appointed last...

  • Health-conscious Chinese challenge Western food firms Wednesday, 25 Feb 2015 | 8:42 AM ET

    *Analysts see nutrition as selling point in China. LONDON/ SHANGHAI, Feb 25- Chen Chen, a 27- year-old financial analyst in Shanghai, has cut back on bottled milky tea in favour of fresh-squeezed juices. Packaged food makers such as Nestle, Danone, PepsiCo and General Mills enjoyed fast growth in China as middle class consumers opted for convenience foods.

  • *Over 70 pct of top firms seeing improvement in Europe. LONDON/ PARIS, Feb 23- Signs of a long-awaited recovery in Europe are starting to show through in the profits of leading global companies, even if their bosses are still giving most of the credit to strong demand in Asia or the United States. Reuters has analysed comments from more than 50 of the biggest companies...

  • UPDATE 2-Nestle forecasts improvement in 2015 Thursday, 19 Feb 2015 | 5:38 AM ET

    *Working to fix North American frozen, China businesses. VEVEY, Switzerland, Feb 19- Nestle, the world's largest packaged foods maker, forecast sales growth around 5 percent this year, at the low end of its long-term goal, as it grapples with deflation in Europe and a slowdown in China. The goal includes improvements in margins, helped by cost savings and efforts to...

  • UPDATE 2-New Carlsberg CEO to inherit Russian problems Wednesday, 18 Feb 2015 | 4:29 AM ET

    *New CEO has experience in Asia, growth market for brewer. COPENHAGEN, Feb 18- Danish brewer Carlsberg named a new chief executive on Wednesday and warned that problems in Russia and Ukraine would weigh on earnings again this year. For seven years Rasmussen has fought a tough battle as sales in Russia, Carlsberg's main market after the acquisition of the Baltika...

  • UPDATE 1-Interpublic warns of slower growth in 2015 Friday, 13 Feb 2015 | 8:11 AM ET

    Feb 13- Advertising company Interpublic Group of Cos Inc joined larger rival Omnicom Group Inc in warning that full-year revenue would be hit by a stronger dollar and economic uncertainty in some markets. Interpublic's fourth-quarter revenue, however, topped analysts' estimates, helped by higher ad spending by U.S. businesses. About 48 percent of...

  • LONDON, Feb 11- SABMiller is exploring the possibility of snapping up a stake in Myanmar's biggest brewer, a deal that would make it the partner of a conglomerate with ties to the former ruling military, sources familiar with the matter say. The sources, who declined to be identified because the matter is private, said SABMiller was interested.

  • Ethiopia wants manufacturers and exporters. ADDIS ABABA, Feb 8- Chinese workers mingle with Ethiopians putting the finishing touches to a metro line that cuts through Addis Ababa, one of a series of grand state infrastructure projects that Ethiopia hopes will help it mimic Asia's industrial rise. Brought to its knees by "Red Terror" communist purges in the 1970 s...

  • WASHINGTON, Feb 5- A group of high-profile CEOs on Thursday called on world leaders to agree to bring the balance of greenhouse gas emissions to zero by mid-century in a global climate change deal to be finalized in Paris in December. The leaders of B Team, a coalition about 12 CEOs and policymakers including Virgin founder Richard Branson, Unilever chief Paul...

  • Feb 5- Investment bank and asset manager Lazard Ltd reported a better-than-expected quarterly profit as a jump in corporate dealmaking boosted M&A advisory fees. Lazard's M&A and other advisory fees rose 17 percent to $297.2 million in the fourth quarter ended Dec. 31, from a year earlier. Among the deals Lazard advised on during the quarter were specialty...

  • CEOs call for zero emissions goal in Paris climate deal Thursday, 5 Feb 2015 | 12:00 AM ET

    WASHINGTON, Feb 5- A group of high-profile CEOs on Thursday called on world leaders to agree to bring the balance of greenhouse gas emissions to zero by mid-century in a global climate change deal to be finalized in Paris in December. The leaders of Team B, a coalition about 12 CEOs and policymakers including Virgin founder Richard Branson, Unilever chief Paul...

  • ZURICH, Jan 29- The world's biggest fragrance and flavour maker Givaudan said a challenging business environment meant sales growth this year would likely stay on a similar level to 2014, below the target range it has given for 2010-2015.. Underlying sales grew 3.7 percent last year, below Givaudan's mid-term target of 4.5-5.5 percent growth, to 4.4 billion...

  • BERLIN/ LONDON, Jan 26- An expensive fightback by top consumer goods brands is likely to provide only temporary relief as retailers improve the quality of their own products to attract thrifty European shoppers. For household goods companies like Nestle and Unilever, the advance of private labels has eaten into market share and dented prices and margins.

  • ZURICH, Jan 21- Swiss chocolate maker Barry Callebaut warned on Wednesday the strong Swiss franc could hit its results, after sales revenue rose 15.1 percent in the quarter to November helped by higher cocoa bean prices. Barry Callebaut said it conducted 99 percent of its business outside of Switzerland so had limited operational exposure to the surging franc,...

  • *China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • *China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • UPDATE 2-Unilever sees no improvement after weak 2014 Tuesday, 20 Jan 2015 | 5:51 AM ET

    LONDON, Jan 20- Consumer goods group Unilever expects another sluggish year, after a slowdown in emerging markets and flagging developed economies curbed demand for everything from soup to soap in 2014.. Unilever makes more than half of its sales in emerging markets and so is particularly exposed to slowing demand in once fast-growing countries such as India...