Unilever Sees Consumer Backlash Worsening on Inflation
Unilever Plc said that consumers may buy fewer of its products this year as shoppers balk at price increases on items like Dove soap and Hellmann’s mayonnaise.
Unilever Plc said that consumers may buy fewer of its products this year as shoppers balk at price increases on items like Dove soap and Hellmann’s mayonnaise.
Islamic State militants have threatened to target Chinese, Indian, and Iranian embassies in Afghanistan in an effort to isolate the Taliban from a handful of countries it counts as diplomatic allies.
Leaders in Europe have dialed down the rhetoric aimed at Washington over its massive green subsidy plan, and instead are focusing on how to improve their own policies to make European companies more competitive with the US and China.
ArcelorMittal SA cautioned on the outlook for steel demand, noting the woes of the Chinese real estate sector and tighter monetary policy could drag on consumption this year.
AstraZeneca Plc said earnings are being boosted by demand for drugs like Farxiga for diabetes and Tagrisso for cancer, showing that Chief Executive Officer Pascal Soriot’s efforts to rejuvenate its pipeline of treatments are paying off.
Credit Suisse Group AG cut the bonus pool for 2022 by about half and said the management board took nothing after the Swiss lender’s worst year since the financial crisis.
Toyota Motor Corp. posted third-quarter profit that topped estimates, but kept its conservative outlook for the year intact in the face of stubborn component shortages ahead of a change in leadership.
South Korea’s Hybe Co. will buy Quality Control, the Atlanta-based label behind rap stars Lil Baby and Migos, as the manager of K-pop sensation BTS aims to bolster its presence in the US music market.
(Bloomberg) — German inflation slowed in January to the lowest level in five months thanks to further government aid to ease the burden on households from soaring energy costs.
GoTo Group shares resumed their decline after the Indonesian ride-hailing and delivery giant sidelined several key executives and switched up its board following a steep market selloff.