European equities finished sharply higher, with investors reacting to corporate earnings and focusing on comments by a member of the ECB.» Read More
Underlying sales at Nestle grew 4.1 percent in the first half, missing forecasts and lagging growth of rivals Danone and Unilever, as price erosion continued in Europe.
European shares closed lower on Thursday with investor confidence curbed by a mixed bag of earnings from major companies and concerns about slowing growth in China.
Paul Polman, CEO of Unilever, says the uneven recovery in the U.S. isn't helping the company.
The U.S. is showing signs of recovery but the uncertain outlook could affect Unilever's business in the country, the group's chief executive told CNBC on Thursday.
Brands from Belvedere to Magnum ice cream have ubiquitous presences during the Cannes Film Festival, hoping to boost their exposure.
Slower economic growth is dulling the outlook for equities, but consumer sector stays appealing in the long term.
European shares pared gains on Tuesday to close lower, after a raft of euro zone economic data softened earlier rises from positive earnings reports.
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.
Risk appetite returned to European markets on Thursday, as investor confidence got a further boost from the news that the U.K. avoided a triple-dip recession in the first quarter.
The "astonishing" growth of the middle class in emerging markets is benefiting General Mills and creating jobs in the U.S., CEO Ken Powell told CNBC's "Street Signs" on Thursday.
As Nov. 6 draws near, some food franchises are wrapping the U.S. election into their marketing. Have you tried Stephen Colbert's ice cream?
LONDON, Oct 4- Consumer goods group Unilever Plc/ NV is looking at a possible sale of its Skippy peanut butter business based in the United States and Canada which could, if sold, fetch around $400 million.
Take a look at some of Thursday morning's early movers:
With Facebook's stock down 40 percent, the company is going on the offensive.
Activist investor William Ackman said Tuesday the board of troubled Procter & Gamble would likely give its chief executive “a little bit more time” to fix its problems, but he took a slap at its lack of a “culture of efficiency.”
CNBC presents a list of 10 foreign-owned brands, businesses and landmarks that are perceived by the public to be as American as it gets.
Unilever is being less affected by the slowing U.S. economic conditions than some of its rivals because of its abundant portfolio of brands, Kees Kruythoff, Unilever North America president, told CNBC on Friday.
Many emerging market countries will be home to an exploding population with a growing working-age populace over the next several decades, which will lead to attractive investment opportunities.
TheStreet.com details the 10 most popular high-yielding dividend stocks among Morningstar's Ultimate Stock-Pickers funds, listed in inverse order of highest yield.
Over the next five years, Brazil's consumption of personal care and beauty products will outpace that of developed markets including the U.S., making the country ripe for industry expansion.