Unilever pivots to African suppliers as forex pressure mounts
Pandemic, Ukraine war, currency risk drive up costs
*Read moreWed, 19th Jan 2022 16:45
Pandemic, Ukraine war, currency risk drive up costs
*Read moreNEW YORK, May 30 (Reuters) - Illumina Inc CEO Francis deSouza survived a challenge to his board seat from activist investor Carl Icahn last week by securing more than twice the shareholder votes than the number his challenger received, the company said in a filing on Tuesday.
Read moreUnilever CFO to retire, shares fall
*Read more(Alliance News) - The FTSE 100 closed firmly in the red on Tuesday despite investors breathing a sigh of relief that an agreement had been reached between US President Joe Biden and House Speaker Kevin McCarthy to temporarily suspend the US debt ceiling.
Read moreBrandShield Systems PLC - London-based cybersecurity solutions provider - Joins agreement with the Philippine Intellectual Property Authority to establish code of practice for combatting online sales of counterfeit and pirated goods. Agreement aims to protect consumers from buying inferior and potentially dangerous products. BrandShield will work in collaboration with various organisations including Procter & Gamble PLC, Unilever PLC and the British Chamber of Commons of the Philippines, plus e-commerce platforms such as Lazada Group. Company says agreement is the latest "milestone" in its growing presence in Asia, and will enhance cooperation and knowledge sharing. It hopes this will lead to "proactive and effective strategies" to fight intellectual property infringements online.
Read more(Alliance News) - Stock prices in London opened mixed on Tuesday as UK and US markets returned from a three-day weekend facing a delayed deadline for raising the US debt ceiling.
Read moreLONDON/BERLIN, May 30 (Reuters) - Nestle, the world's biggest packaged food company, said on Tuesday it had hired the London Stock Exchange Group's (LSEG) finance chief Anna Manz as its new chief financial officer.
Read more(Alliance News) - Unilever PLC on Tuesday announced that Chief Financial Officer Graeme Pitkethly intends to leave the company at the end of May next year.
Read more(Sharecast News) - Unilever announced on Tuesday that chief financial officer Graeme Pitkethly plans to retire by the end of May 2024.
Read more(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and Thursday and not separately reported by Alliance News:
Read moreUnilever PLC - London-based consumer product company - Says Sanjiv Mehta, President, Unilever South Asia, sells 8,906 shares at EUR49.15 worth EUR437,711, 10,129 shares at GBP42.78 worth GBP433,282 and 14,964 shares at EUR42.79 worth EUR640,348. Sales took place last week Friday.
Read moreCMA says no evidence pointing to concerns so far
*Read moreLONDON, May 12 (Reuters) - British lawmakers launched an investigation on Friday into the fairness of the country's food supply chain, seeking to understand why households are facing the highest levels of food price inflation since the 1970s.
Read moreBoE lifts benchmark rate to 4.5% as expected
*Read moreFriday 12 May | |
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