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Unilever PLC

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  • Cuba struggles to attract investors despite reforms Thursday, 21 Aug 2014 | 1:04 PM ET

    HAVANA, Aug 21- Cuba has yet to attract new foreign investors despite launching two major initiatives in the past year, a sign of the lingering caution over doing business with the communist government and its own hesitancy to follow through on free-market-style reforms.

  • FRANKFURT, Aug 7- Nivea skin cream maker Beiersdorf reported lower-than- expected quarterly results and struck a slightly more cautious approach for its full year outlook as growth in once promising emerging markets stuttered.

  • ZURICH, Aug 7- Nestle announced an 8 billion Swiss franc share buyback on Thursday and revealed stronger sales growth in emerging markets in contrast to other big consumer products companies.

  • ZURICH, Aug 7- Nestle, the world's biggest food group, announced an 8 billion Swiss franc share buyback and stood by its full-year sales forecast on Thursday, after revenue growth in emerging markets picked up in the second quarter.

  • FRANKFURT, Aug 2- Unilever would need to cut more jobs in Europe if real income levels among consumers fall, weighing on demand for brand-name items, Chief Executive Paul Polman was quoted as saying in an interview on Saturday.

  • Unilever plans job cuts in Europe - magazine Saturday, 2 Aug 2014 | 7:48 AM ET

    FRANKFURT, Aug 2- Unilever will cut more jobs in Europe as real income levels among consumers fall, weighing on demand for brand-name items, Chief Executive Paul Polman was quoted as saying in an interview on Saturday.

  • *New CEO Lewis, from Unilever, first external CEO in 95 yrs. *Unilever a big Tesco supplier, Lewis close to Tesco execs. The 49- year-old earned the nickname during his 27 years at Unilever, where he turned around a string of operations including the consumer giant's British business, cutting costs and energising staff with innovative marketing campaigns.

  • LONDON, July 29- Weak consumer spending and intense competition among retailers are forcing some makers of packaged goods to lower their prices, intensifying the threat of euro zone deflation.

  • *CFO says Danone 2020 plan is "not a strategic review". PARIS, July 25- Food group Danone is confident of hitting full-year targets despite a weak first-half as it looks to a stabilization of European dairy revenues this year and the launch of new baby food products in China.

  • NEW DELHI, July 25- Software engineer Sanjay Bhatnagar used to watch a new Bollywood movie every week with his family, but now goes to the cinema once a month as spiraling costs of food and other staples eat into his budget for non-essentials.

  • LONDON, July 24- Unilever missed second-quarter sales expectations on Thursday, citing a slowdown in emerging markets and declining prices in developed ones. "Overall there's a slowdown in Asia," Chief Financial Officer Jean-Marc Huet told Reuters, citing China and Vietnam in particular.

  • European shares edge lower on mixed earnings, PMIs Thursday, 24 Jul 2014 | 3:52 AM ET

    The pan-European FTSEurofirst 300 slipped 0.2 percent in early trade to 1,372.80 points, with benchmark indexes in France, Germany and the UK down 0.3 to 0.6 percent.

  • The pan-European FTSEurofirst 300 slipped 0.2 percent in early trade, to 1,372.80 points, with benchmark indexes in France, Germany and the UK down 0.3 to 0.6 percent.

  • QE to blame for EM slowdown: Unilever CEO     Thursday, 24 Jul 2014 | 2:10 AM ET

    Paul Polman, CEO of Unilever, says the Federal Reserve's quantitative easing program is to blame for a slowdown in the emerging markets as it has delayed the need for structural reforms.

  • July 18- Advertising company Interpublic Group of Cos Inc reported better-than-expected quarterly revenue, boosted by strong growth in the UK and higher ad spending in its core U.S. market. Interpublic's clients include General Motors, Unilever and Johnson& Johnson.

  • *To be replaced by Unilever exec Dave Lewis. LONDON, July 21- Tesco is to ditch chief executive Philip Clarke and replace him with a turnaround specialist from Unilever, ending a disastrous three year reign as Britain's biggest retailer warned it would again miss profit forecasts.

  • Tesco CEO Clarke to leave after profit warning Monday, 21 Jul 2014 | 2:32 AM ET
    A customer carries Tesco-branded shopping bags as she leaves one of the company's stores.

    Tesco said its CEO Philip Clarke would quit, to be replaced by Unilever executive Dave Lewis, after it issued a profit warning.

  • LONDON, July 21- Britain's biggest retailer Tesco said on Monday its chief executive Philip Clarke would quit, to be replaced by Unilever executive Dave Lewis, after it issued a profit warning.

  • Tesco CEO Clarke to leave after profit warning Monday, 21 Jul 2014 | 2:11 AM ET

    LONDON, July 21- Britain's biggest retailer Tesco said on Monday its chief executive Philip Clarke would quit, to be replaced by Unilever executive Dave Lewis, after it issued a profit warning.

  • July 18- Advertising company Interpublic Group of Cos Inc reported better-than-expected quarterly revenue, boosted by strong growth in the UK and higher ad spending in its core U.S. market. Interpublic's clients include General Motors, Unilever and Johnson& Johnson.