Harish Manwani, COO of Unilever and chairman of Hindustan Unilever, discusses business opportunities in Myanmar, how best to approach a new market and growing responsibly.» Read More
May 29- The sudden exit of Procter& Gamble Co's Bob McDonald as chief executive and the return of former CEO A.G. Lafley in his place has raised questions about the vigilance of one of America's highest-profile corporate boards.
MUMBAI/ LONDON, April 30- Unilever plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary, making its biggest deal in 13 years a huge bet on the strength of demand for personal care and food products in Asia's third-largest economy.
Anglo-Dutch consumer goods giant Unilever Plc will pay $5.4 billion to raise its stake in its Indian unit, in a bet on fast-growing spending power in Asia's third-largest economy.
MUMBAI, April 29- Hindustan Unilever Ltd will intensify a price war against lesser-known detergent and skincare brands this year as it seeks to win back India's increasingly thrifty shoppers and reverse four consecutive quarters of slowing sales.
How one ex-pat returned to the U.S. with a new-found appreciation for Argentine gelato, a passion that propelled the entrepreneur on a quest to conquer the ice cream market.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
The Heat are on an impressive 19-game winning streak, led by Lebron James, Chris Bosh, and an important part of the trifecta—Dwyane Wade.
OSLO, March 8- Norway's $710 billion sovereign wealth fund has pulled out of 23 Asian palm oil companies after accusing them of causing deforestation, winning praise from environmentalists. It said it sold stakes in the firms after a review of companies that have cleared forests for palm oil plantations in Malaysia and Indonesia.
*UK Fairtrade sales up 19 pct in 2012 to 1.57 bln stg. LONDON, Feb 28- UK sales of ethically sourced. "The horsemeat scandal is just the latest bit of evidence that the food system is dangerously out of control," Mike Gidney, chief executive of the Fairtrade Foundation, which manages Fairtrade certification in the UK, told Reuters in an interview on Wednesday.
Once viewed as higher risk, emerging economies from China to India and Brazil to Mexico are in the spotlight as investors face the prospect of mediocre returns from both stocks and bonds in the developed world in 2013..
*Sales 92.2 bln Sfr vs 92.2 bln Sfr forecast. *2012 dividend 2.05 Sfr/ shr vs forecasts for 2.09 Sfr. VEVEY, Switzerland, Feb 14- Nestle's said it expected 2013 to be as challenging as 2012 as it reported sales growth picked up in the last three months of 2012 after a disappointing third-quarter for the world's biggest food group.
Feb 12- Omnicom Group Inc, the largest U.S. advertising company and home to agencies such as BBDO Worldwide and DDB Worldwide, reported a better-than-expected fourth-quarter profit on higher revenue in its domestic market.
*Profit $1.22/ share vs Street view $1.11. *Sales up 2 percent to $22.18 bln vs Street view $21.91 bln. Jan 25- What a difference a year makes for Procter& Gamble Co and CEO Bob McDonald.
Stock-pickers betting on an Indian economic rebound may be disappointed by upcoming earnings reports from domestically focused companies, as consumer demand and infrastructure output remain weak and high inflation persists.
European shares inched higher on Wednesday, with a key index moving back towards a near two-year high hit recently.
Some of the names on the move ahead of the open.
LONDON, Jan 23- Anglo-Dutch consumer goods company Unilever Plc/ NV's share price hit an all-time high on Wednesday as growth beat expectations, propelled by strong sales of its haircare products and soaps in emerging markets.
LONDON, Jan 23- Anglo-Dutch consumer goods company Unilever PLC/ NV beat growth expectations in 2012, propelled by an increasing presence in emerging markets and leading its shares to a record high price.
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
Turkey's ambitions to be among the top ten global economies by 2023 could mean it becomes "the China of Europe", according to an economist and a prominent Turkish business woman.