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...Jettisoning its ice cream division will leave Unilever with four businesses covering beauty and wellbeing, personal care, home care and nutrition....
...It added: “The premise and the statements in this story are flawed and based on anonymous sources who are spreading falsehoods in pursuit of a personal agenda....
...Unilever, which also owns brands from Dove soap and Cif cleaning products to Magnum ice creams and Marmite, said in December 2022 that the lawsuit had been resolved....
...We’ve also had reports that deliveries of Cybertruck, its last-but-one halo product, have been paused and that its accelerator has a tendency to jam....
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...The beauty group has exposure to one of the fastest growing areas of the home and personal care space, skincare. Its scale means it can spread R&D spending and overheads over €41bn of turnover....
...Despite Flutter touting its superior technology, competitors are quick to copy once a new product proves successful, points out Peel Hunt’s Ivor Jones....
...People trust Apple as a brand, he says, because the products work well. “It keeps coming back to who has the good products,” he says....
...It has rolled out an AI assistant across its core products. In TurboTax, AI will shorten the time it takes to file taxes by calculating deductions and answering questions on code changes....
...Nataliia Shapoval, chair of the KSE Institute at the Kyiv School of Economics, said boycotts of Mondelez products in Sweden, Norway and Ukraine had shown that consumers did care about the company’s reluctance...
...Other personal care champions — such as Straumann in dentistry, or hearing-aid maker Sonova — look inherently higher-margin businesses....
...Hiroshi Lockheimer, head of Android, will be moved to work on other products and is replaced by Sameer Samat, vice-president of product management for Android and Google Play....
...Ice-cream — which accounted for 13 per cent of Unilever’s total sales last year — has few synergies with the rest of the group’s home, food and personal care business....
...Jettisoning ice cream will leave Unilever with four businesses covering beauty and wellbeing, personal care, home care and nutrition....
...He is short Tesla in his personal account. Albert Bridge Capital holds shares in Porsche SE, which is part owner of Volkswagen....
...“We’ve seen more product launches and product conversions in the passive space,” says Hortense Bioy, global head of sustainability research at Morningstar. “Passive is doing a killing.”...
...“We are going to have a ‘world is not flat’ moment, when asset managers are going to realise we are not prepared to help people draw down,” said Bill Meyer, CEO of Retiree Inc, a retirement planning software...
...TikTok collects vast amounts of personal information from its US users that help it push targeted content and ads....
...The legislation requires companies to allow app developers to “steer” users to products beyond their own platforms without charging them for doing so....
...The bill rapidly gained traction after briefings from security officials who warned that Beijing could force ByteDance to hand over the personal data of the 170mn Americans who use the app....
...But the group insisted that it was resilient in the face of retrenching consumers because the unit price of its fragrances and make-up was lower than for watches, handbags and other luxury products....
...The rise of lawsuits against China’s online fast-fashion groups is, in part, about the rise of counterfeit products....
...“Crafted with care by Stefano Pilati, this gown holds memories of a special moment.” Sherman and Deneuve are both longtime sellers with ReSee....
...This effort stopped in September, with the site put into care and maintenance....
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