Unilever has been making headlines due to its new CEO, Hein Schumacher, announcing a strategic shake-up of its portfolio, focusing on 30 key brands. This move comes amidst pressure from investors to streamline operations and boost profitability. Additionally, Unilever has been in the spotlight for its response to a Ukrainian soldier's plea to cease business operations in Russia, with Schumacher promising to reevaluate the situation.
Unilever is a British-Dutch multinational consumer goods company, known for its diverse range of products including food, beverages, cleaning agents, and personal care items. With headquarters in London, UK, and Rotterdam, Netherlands, Unilever has a long history dating back to the 19th century. The company's well-known brands include Dove, Lipton, Knorr, and Ben & Jerry's. Unilever has a global presence and is recognized for its sustainability initiatives and commitment to social responsibility.
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Building products supplier is latest British-listed company to be bought by a foreign buyer
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Company, which also makes Quality Street, says reducing sugar, salt and fats could harm ‘strategic freedom’
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Dessert brand Pleese says Aldi is using an almost identical product name, slogan and flavours.
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Move into new location follows merger of Morton Fraser and MacRoberts.
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Ben Cohen and Jerry Greenfield started Ben & Jerry's in 1978. Now, the ice cream company is about to face new corporate ownership.
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The major overhaul will also cut around 7,500 mainly office-based jobs worldwide and save €800 million (US$870 million) over the next three years.
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Target is reportedly doubling bonuses for its salaried workers this year in a display of financial strength — despite a challenging year for the retailer during which it reported its first de…
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The public relations team has roughly doubled in size over the last year.
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Nelson Peltz's Trian Fund Management is engaging in proxy battles with Disney and Unilever, seeking changes in their strategies and board composition.
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US retail sales fell 0.8% in January, the biggest monthly drop in almost a year, reigniting concerns about inflation and triggering market selloffs.
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CEOs of Meta, X, TikTok, Snap, and Discord testify before US Senate Judiciary Committee on child exploitation online
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Ben & Jerry's has called for a permanent and immediate ceasefire in Gaza amid the conflict between Israel and Hamas.
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Federal Reserve Chair Jerome Powell suggests a cautious approach to further interest rate hikes, given evidence of easing inflation pressures.
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European central banks keep interest rates unchanged amid worries about economic slowdown and inflation.
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Unilever's new CEO Hein Schumacher announced a shake-up of its portfolio, focusing on 30 key brands, while Reckitt's new CEO Kris Licht launched a
£1 billion share buyback and set new financial guidance.
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Unilever CEO Hein Schumacher responds to a Ukrainian soldier's request to stop doing business in Russia, stating that the matter is 'not straightforward' and promising to look at the situation 'with a fresh pair of eyes'
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Heineken completes the sale of its Russian operations to Arnest Group for a symbolic \
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\u20ac300 million loss.