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Unilever PLC

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  • LONDON, Dec 22- When Phil Clarke was sacked as Tesco's CEO, senior executives hoped his 0700 strategy meetings would go with him. They did- new boss Dave Lewis starts his at 0630.. Parachuted in from Unilever in September, Lewis soon faced the task of making the shock announcement that a 250 million pound hole had been found in Tesco's profits, in an accounting scandal...

  • Investors bet on the world's newest middle class Monday, 22 Dec 2014 | 5:00 AM ET
    A customer browses men's shoes in the footwear department inside a Truworths International Ltd. fashion store in Sandton, South Africa

    Experts reveal which sectors in Africa are poised to make headway, and how investors are tapping in.

  • Unilever drops mayonnaise suit against Just Mayo maker Thursday, 18 Dec 2014 | 8:33 PM ET

    Dec 18- Unilever Plc's U.S. division said it has withdrawn its lawsuit against food startup Hampton Creek over false advertising and unfair competition related to its Just Mayo product. Unilever, famous for its mayonnaise brand Hellmann's, had filed a suit against Hampton Creek earlier this year accusing the company of advertising Just Mayo, an eggless spread,...

  • The watchdog announced sanctions totaling 345.2 million euros on cleaning products makers Colgate-Palmolive, Henkel, Unilever, Procter& Gamble, Reckitt Benckiser, Sara Lee, SC Johnson and Bolton Solitaire. It announced a further 605.9 million euros of fines relating to personal hygiene products against Colgate-Palmolive, Henkel, Unilever, Procter& Gamble,...

  • The watchdog announced fines of a total of 345.2 million euros against cleaning product manufacturers Colgate-Palmolive, Henkel, Unilever, Procter& Gamble, Reckitt Benckiser, Sara Lee, SC Johnson and Bolton Solitaire. It announced a further 605.9 million euros of fines relating to personal hygiene products against Colgate-Palmolive, Henkel, Unilever,...

  • LIMA, Dec 8- The Global Environment Facility, which has provided $13.5 billion in grants to developing nations since 1991, wants a wider role in protecting nature by tightening commodity supply chains from farmers to consumers. In that example, reducing forest clearances would have to involve banks to prevent lending to loggers on protected land, as well as...

  • LIMA, Dec 8- The Global Environment Facility, which has provided $13.5 billion in grants to developing nations since 1991, wants a wider role in protecting nature by tightening commodity supply chains from farmers to consumers. In that example, reducing forest clearances would have to involve banks to prevent lending to loggers on protected land, as well as...

  • Real men don't cry—but they are exfoliating Saturday, 6 Dec 2014 | 1:00 PM ET
    Men's skin-care sales are on the rise.

    A threat to macho men is taking place across the land: the rise of 'mampering'—eye creams, exfoliation and facial moisturizers for guys.

  • LONDON, Dec 4- Anglo-Dutch consumer goods company Unilever is on the hunt to acquire higher-end personal care brands, its chief executive said on Thursday. Speaking at an investor meeting, CEO Paul Polman also said that high valuations in the industry would not be a deterrent for the right deal. "We continue to look at opportunities to bring our personal care...

  • Unilever seeks bigger margins without margarines Thursday, 4 Dec 2014 | 8:19 AM ET

    Unilever will separate its spreads business, which includes Flora and Bertolli margarine, into a standalone company. The NYT reports.

  • Unilever, suing rival over ‘mayo,’ changes website Monday, 17 Nov 2014 | 10:14 AM ET
    Just Mayo by Hampton Creek

    The changes came after Unilever sued Hampton Creek over a mayonnaise spread, The New York Times reports.

  • *Good weather, bigger harvest lead to glut. NANDI HILLS, Kenya, Nov 16- Emerald-coloured tea bushes blanketing the rolling hills of Nandi County have long provided a livelihood for small-scale farmers, helping make Kenya one of the world's biggest tea exporters. Samuel Busienei, a 72- year-old tea farmer, says he earns 40 percent less for each kilogramme of tea sold...

  • Mayo mess calls sandwich spread into question Wednesday, 12 Nov 2014 | 6:22 PM ET
    CEO Josh Tetrick holds a species of yellow pea used to make Just Mayo, a plant-based mayonnaise, at Hampton Creek Foods in San Francisco, Dec. 3, 2013.

    On CNBC's "Closing Bell" Hampton Creek CEO Josh Tetrick said he expected to win the suit. "We don't call our product just mayonnaise, we call it "Just Mayo;" that's for a reason."

  • Must 'mayo' have eggs? Hampton Creek vs. Unilever  Wednesday, 12 Nov 2014 | 4:48 PM ET

    Hampton Creek CEO Josh Tetrick, makes the case for its "Just Mayo" product which Unilever says cannot be called "mayo" if it does not contain egg.

  • The big four-- Tesco, Asda, Sainsbury and Morrisons-- still control 73 percent of UK grocery turnover but discounters such as Aldi and Lidl, e-commerce sites like Ocado and higher-end stores like Marks and Spencer and Waitrose are gaining ground. Unilever says it keeps margins with discounters, which account for over a billion euros of turnover, in line with its...

  • *Publicis aims to boost growth after failed Omnicom merger. The French group is hoping rapid growth in both North American and Internet advertising, which are far outpacing European and traditional ad formats, will help it catch up with sales gains at rivals such as WPP and Interpublic. Chief Executive Maurice Levy has blamed Publicis' recent poor performance...

  • European companies defy gloomiest results forecasts Monday, 3 Nov 2014 | 12:41 PM ET

    LONDON, Nov 3- The European reporting season is not turning into the rout investors feared as many of the largest companies managed to navigate weak demand through cost cuts and innovation to deliver earnings in line with or ahead of downbeat forecasts. Of the fifth of companies in the European Stoxx 600 index that have reported so far, 60 percent have beaten...

  • *Publicis aims to boost growth after failed Omnicom merger. The French group is hoping rapid growth in both North American and internet advertising, which are far outpacing European and traditional ad formats, will help it catch up with sales gains at rivals such as WPP and Interpublic. Chief Executive Maurice Levy has blamed Publicis' recent poor performance...

  • *Poland leads objections, but is not alone. The 28 member states want to set the pace for a global pact to be agreed in Paris next year with industrial powers from Asia, North America and the rest of the world. Conflict between Ukraine and Russia, the EU's biggest energy supplier, has also focused the EU on reducing its reliance on imported fossil fuels by increasing...

  • *Poland leads objections, but is not alone. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year with industrial powers from Asia, North America and the rest of the world. Conflict between Ukraine and Russia, the EU's biggest energy supplier, has also focused the EU on reducing its reliance on imported fossil fuels by...