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...One way of defining “procured in Europe” would be to make sure that the so-called “design authority” — the company or organisation able to modify and evolve the design of a product — is in the region....
...They added that the sales target was in line with the company’s overall growth targets and would therefore not reduce the sale of unhealthy products....
...The ship was carrying a Russian-produced refined oil product on behalf of commodities trader Trafigura....
...On Tuesday the UK competition regulator opened a probe over whether the consumer goods company was overstating the eco-credentials of its products....
...The group currently has about 450 brands spanning food, toiletries, cleaning products and ice cream....
...It arrives to unusually low sales expectations for a landmark product from a company with a reputation for defining important new consumer tech markets....
...Among companies taking advantage is London-based oil supply company Prax Group, which in December agreed to buy a 37.5 per cent stake in the PCK refinery in Schwedt, north-east Germany, from Shell....
...Marroco admitted that BAT was “late to the category” of heated tobacco products but said the company was well placed to catch up because of its market share in the US....
...If the forced labour is used in “critical products”, a company could simply be obliged to withdraw them from sale until it can demonstrate that there was no more forced labour in their operation....
...Reckitt’s chief executive has vowed to overturn the damaging verdict of a jury in the US that the company’s Enfamil baby formula caused the death of a premature infant, insisting that the products are safe...
...Varying methodologies and starting points make it difficult to compare decarbonisation goals across companies....
...The company also develops haircare products aimed at professionals for treatments, colouring and styling, with 18,000 formulas so far....
...Few products capture Italian designers’ everyday flair better than Piaggio’s Vespa....
...The fashion company closed its stores in Russia in March 2022, and in May said that it had decided to sell its Russian company Re Trading to a Chinese consortium and end its business operations in Russia...
...Apple has no product in foldables (1% of market, used to be 20%), and there appears to be no obvious AI strategy. 7. Where’s its Galaxy S24 Ultra?...
...Meanwhile, activist investor Ackman, a 20-year client of the bank, invited Federer to a tennis match on the roof of his company, Pershing Square, before telling UBS staff that the takeover of Credit Suisse...
...The company known for products such as Doritos chips and its namesake fizzy drinks raised prices 13 per cent in 2023, down from a 16 per cent increase in 2022 but well above its 4 per cent increase in 2019...
...He expects roughly 20 per cent of the company’s products will serve end users in south-east Asia in the medium to long term....
...Particularly so for two Japanese companies, Toyo Suisan and Nissin Foods (whose founder invented the product), which have significant positions in a global market that analysts estimate to be worth north...
...Reckitt has denied its products cause NEC, and said the allegations were not supported by science....
...The German conglomerate maintains that the product is safe and says scientific research supports that view....
...But it added that the vehicles should only be available to institutions such as investment firms, credit institutions, pensions funds and insurance companies....
...Dear reader, It isn’t often that a company pays good money to criticise customers for buying its product. But that is what Eli Lilly did this week....
...Controversy over racism and diversity issues have also plagued the company....
...Finance minister Bruno Le Maire has threatened to impose special taxes on food companies that do not pass on lower prices to consumers in order to claw back “undue” profits as their costs have fallen....
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