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...Unilever, Morgan Stanley, JPMorgan and CVC declined to comment....
...To prevent the move, Unilever sold the Israeli arm of the brand to a local licensee....
...CD&R said Lewis, who spent almost three decades at consumer goods group Unilever, will help source and execute deals as well as support its portfolio of companies across Europe....
...“For us it’s very important to move away from the fossil industry....
...These range from Adirondack Creamery and Van Leeuwen in the US to Hackney Gelato in my backyard: the freezer cabinets of corner stores are full of novelties....
...Unilever cools on ice cream I scream, you scream, we all scream for ice cream. Except, apparently, at the European consumer giant Unilever....
...Lex this week looked at two markets where the strains on the average US consumer are showing....
...“When you think about places like Nigeria, when you think about places like Argentina, it’s very difficult for us as a US dollar-denominated company to create value”, Andre Schulten, P&G’s chief financial...
...In the US, meanwhile, New York attorney-general Letitia James is suing PepsiCo for waste pollution, saying the drinks and snacks giant had failed to warn consumers about the impact of single-use plastic...
...Unilever employs 3,000 people in Russia, and the business represented about 1 per cent of group turnover in 2023....
...Indeed, the SEC recently ditched proposals to force US companies to report scope 3 emissions. All this self-justifying pragmatism falls well short of what is required....
...The Securities and Exchange Commission said last week it would not ask large US companies to disclose these, citing compliance costs....
...Big consumer companies such as the US’s Procter & Gamble and Europe’s Unilever also bring to bear excellent distribution networks along with substantial procurement and marketing clout....
...A Cleveland-Cliffs/US Steel combination would have created a US national champion....
...Unilever’s Hellmann’s mayonnaise is using Saturday Night Live actress Kate McKinnon in an ad featuring a Mayo cat....
...PepsiCo’s Lipton ice tea and Unilever’s Viennetta ice cakes were among the items targeted in the campaign....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...getting involved in US politics again”....
...Unilever was awarded $20.9mn to make lower-carbon ice cream for brands such as Talenti and Ben & Jerry’s....
...Corporate earnings: India’s Reliance Industries, Hindustan Unilever and UltraTech Cement are among companies reporting results....
...US chocolate group Hershey caused a stir when it brought basketball star Shaquille O’Neal on to the stage to announce a partnership for its gummy sweets....
...Citigroup reported better than expected quarterly profits as the bank said it was on track to shed 7,000 jobs this year, a sign that the revamp of the US’s fourth-largest lender may be starting to pay off...
The flipside to higher rates is people want more for their savings, too
...Credit card delinquencies are rising in the US. There is a proposed cap on how much card issuers can charge for late payments....
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