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...Leading US and Chinese tech companies are also racing to build products powered by generative AI — models that can spew out humanlike text and material in seconds....
...London-listed Reckitt, whose portfolio also spans hygiene products such as Finish and consumer health brands including Strepsils, has frustrated investors over the past year with a spate of bad news, including...
...Shares in the consumer goods group fell 15 per cent on Friday last week as investors digested the news that a court in Illinois had instructed Reckitt to pay $60mn in damages to a mother who said her baby...
...In last night from the SEC: The Securities and Exchange Commission today [Thursday] announced that Skechers U.S.A....
...In recent years, the EU and the UK have introduced specific regulations to crack down on influencer marketing, in the Digital Services Act and the Online Safety Act, respectively....
...“We’re more focused on the product.”...
...The Alliance for Sustainable Packaging for Foods said banning single-use plastic for food wrapping would put consumer safety at risk....
...Without admitting or denying the allegations in the SEC’s complaint, which was filed in the U.S....
...Globally, the value of retail sales in the consumer products sector rose by an average of 10 per cent year on year in 2023, but three-quarters of the growth was a result of price increases, according to...
...The Korean Fair Trade Commission is looking into the alleged lack of consumer protection from AliExpress....
...They only allow many products to enter if they are being transited to other countries....
...In food safety and green regulation, it has a tendency to ignore inconvenient science, which has resulted in previous rulings against it at the WTO, and to seek to eliminate hazards from new technologies...
...The House of Commons work and pensions committee on Thursday said statutory sick pay was “failing in its primary purpose” of providing a safety net for workers....
...Here’s what else I’m keeping tabs on today: Economic data: The US government releases the first reading of fourth-quarter gross domestic product....
...On Monday, the EU fined Apple €1.8bn for policies on its App Store which it said raised prices for consumers....
...“But it’s an important part of our strategy for security and safety in this world.”...
...In its complaint, the FTC argued — as expected — that the tie-up would lead to higher prices, plus lower product quality and services for consumers....
...The Nigerian Communications Commission (NCC), the telecoms regulator, late on Wednesday ordered telecoms companies to restrict consumer access to the websites of companies like Binance, Coinbase and Kraken...
...On Friday commission president Ursula von der Leyen told Tusk she was “evaluating the possibility of introducing restrictions on the import of agricultural products from Russia”....
...These also include cosmetics, as consumers care a lot more about which products they put on their face than which dishwasher tablets they use, he said....
...Yet when consumers are confronted with common online business models like “dynamic pricing” in the bricks-and-mortar world, they may revolt....
...“And [they are] emblematic of what the DMA is supposed to deliver when it comes to choice for consumers.”...
...The EU legislation, first proposed by the commission in 2022, aims to cut waste by setting targets for recycled content in packaging used for products sold in the bloc....
...A new EU carbon tax on electricity will lead to increased CO₂ emissions in Europe and cause a jump in prices for consumers in the bloc, the energy industry has warned....
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