Unilever PLC
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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Ben & Jerry’s says parent Unilever decided to oust ice cream maker’s CEO
Sign for the ice cream brand Ben & Jerry’s on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Ben & Jerry’s said its parent, Unilever, decided to oust the ice cream maker’s chief executive, Dave Stever, escalating a battle over the subsidiary’s independence on social policy issues. In […]
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Unilever CEO Schumacher to step down after less than two years in the job
Tubs of Ben & Jerry’s ice cream in a store freezer. Bloomberg | Bloomberg | Getty Images Unilever CEO Hein Schumacher is stepping down after less than two years in the job, the company said Tuesday, with current CFO Fernando Fernandez set to take his place leading the company. Schumacher — who took the reins […]
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Ben & Jerry’s says parent Unilever mandating silence on Trump
Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave in the Flatbush neighborhood of Brooklyn in New York City on March 19, 2024. Michael M. Santiago | Getty Images News | Getty Images Ben & Jerry’s accused its parent Unilever of demanding its silence toward […]
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Europe stocks hit fresh record high on earnings, Ukraine peace hopes
European stock markets were broadly higher Thursday, amid a flurry of earnings and economic data and rising hopes of an end to the Russia-Ukraine war. The regional Stoxx 600 index maintained positive momentum from earlier this week, when it marked three record closing highs, gaining another 0.74% by midday in London to hit another all-time intraday peak. Markets […]
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Unilever sales just miss expectations; Ben & Jerry’s ice cream unit heads for triple listing
Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave on March 19, 2024 in the Flatbush neighborhood of Brooklyn borough in New York City. Michael M. Santiago | Getty Images Consumer goods giant Unilever on Thursday posted slightly weaker-than-expected sales growth and pointed to a […]
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Stock futures rise to start the week as traders navigate latest U.S. tariffs threat: Live updates
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | Getty Images Stock futures rose early Monday, as investors braced for a data-packed week ahead and eyed news that President Donald Trump may announce […]
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CNBC’s Inside India newsletter: A slowing economy hasn’t dimmed India’s allure at Davos
The World Economic Forum in Davos on January 20, 2025. Fabrice Coffrini | AFP | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. […]
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Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm, the latest in a series of structural changes announced by the chipmaker. Turning Intel Capital, which has $5 billion in assets, into a standalone fund will allow it to raise money from outside investors, Intel said. […]
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European markets move higher; Renault shares up 6% after quarterly revenue jump
European stocks were slightly higher on Thursday, as investors reviewed another batch of earnings reports, and as U.S. market declines weighed on global sentiment. The pan-European Stoxx 600 was up 0.53% by 10:05 a.m. London time, with the majority of major bourses and sectors trading in positive territory. Travel and leisure stocks added 2.85% while […]
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