Unilever PLC
European markets rise as Wall Street sentiment spills over
LONDON — European markets were in positive territory on Friday, buoyed by Wall Street’s record-breaking rally on Thursday. The pan-European Stoxx 600 was 0.4% higher at 9:42 a.m. in London (4:42 a.m. ET). Global investors will be watching the latest developments between Ukraine and Russia on Friday amid warnings by NATO Secretary General Mark Rutte that […]
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CNBC’s UK Exchange newsletter: The world’s biggest ice cream maker hopes the future’s sweet
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Lovers of ice cream brands like Magnum, Cornetto, Carte D’Or, Ben & Jerry’s, Breyers and Wall’s can now own shares in them directly following Monday’s demerger of The Magnum Ice Cream Company (TMICC) from former parent Unilever. In […]
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European markets set for soft open as investors await Fed decision
FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. Kai Pfaffenbach | Reuters European shares are expected to open mostly flat on Tuesday as global investors await the U.S. Federal Reserve’s monetary policy update. Futures tied […]
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European markets close higher after major earnings reports; Gucci-owner Kering surges almost 9%
A Futures-options trader works on the floor at the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York City, U.S., October 17, 2025. Brendan McDermid | Reuters LONDON — European stocks ended Thursday in positive territory as investors looked to earnings reports for clues on business activity and confidence in […]
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U.S. government shutdown delays Unilever’s Magnum ice cream spin-off
Packets of Walls Cornetto, Magnum and Ben & Jerry’s ice cream are displayed on March 20, 2024. John Keeble | Getty Images News | Getty Images Consumer goods group Unilever is delaying the spin-off of its Magnum Ice Cream unit due to the U.S. government shutdown, it said on Tuesday, the latest example of global […]
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European markets start the week higher, shrugging off credit concerns
The City of London financial district at sunrise. Alexander Spatari | Moment | Getty Images LONDON — European stocks were in positive territory on Monday morning after a volatile few days in which investors weighed concerns over bad loans on Wall Street. The pan-European Stoxx 60 was up about 0.8% at 8:30 a.m. in London […]
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London’s FTSE 100 just touched a record high — and market watchers see more upside ahead
London’s FTSE 100 touched a fresh record high on Friday – and some market watchers see more upside ahead for the long-maligned index, with U.S. tariffs, macroeconomic influences and outperformance in certain sectors sparking a widespread reassessment of U.K. equities. The U.K. index — home to some of the world’s most renowned companies, including AstraZeneca […]
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Coffee giant Nescafe targets Gen Z as consumption habits shift
Olga Rolenko | Moment | Getty Images ORBE, Switzerland — For almost a century, a nondescript factory in an unsuspecting town beneath the Swiss mountains has played host to some of the most widely consumed coffee trends brewed up by caffeine giant Nescafe. From the 1938 launch of its flagship soluble powdered coffee to freeze-dried […]
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European markets set to open higher as Wall Street notches three-day win streak
U.K. retail sales better than expected U.K. retail sales volumes rose for the third consecutive month in March by 0.4%, beating gloomy expectations of a 0.3% decline. Clothing and outdoor retailers said that good weather had boosted sales, according to the Office for National Statistics, offsetting a decline in supermarket sales. However, some economists expect […]
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European stocks edge lower as relief rally stalls; Gucci owner Kering falls 4%
Delivery Hero shares fall despite ‘solid’ first-quarter results Delivery Hero reported “solid” first-quarter results, showing 5% growth in ecommerce sales. The company said gross merchandise value, its preferred measure looking at the total value of goods sold, rose to 12.37 billion euros ($14.08 billion) in the first quarter, slightly undershooting investors expectations of 12.38 billion […]
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