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1 min read

REPORT: Unilever is looking at selling some of its food brands for $7.44 billion

Kraft's offer of $50 per share valued Unilever around $143 billion and represented an 18% premium o…

Portia Crowe,Reuters   


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3 mins read

Michael Bloomberg says too many American CEOs are failing shareholders in a key way

This is an issue relevant for large companies that have nothing to do with the energy industry, but…

Richard Feloni   


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1 min read

Meet Mukul Deoras, the chief marketing officer of Colgate-Palmolive

Deoras has been working as the president of Colgate-Palmolive's Asia operations, a post being off…

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4 mins read

Warren Buffett made an inappropriate remark to describe the logic behind the Kraft Heinz-Unilever takeover bid

WARREN BUFFETT: Well, if a diplomat says yes, he means maybe. If he says maybe, he means no. And if…

Portia Crowe   


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29 mins read

Jeff Bezos' Shareholder Letter Is Out

Prime Instant Video is experiencing tremendous growth across all metrics - including new customers,…

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4 mins read

UNILEVER CEO: We Need To Do More To Fight Climate Change

If there are any oil, coal or gas honchos in Lima for the UN negotiations, they were not among the …

Justin Catanoso   


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3 mins read

Creating Shared Value: The Next Evolutionary Form of capitalism

A new sort of paradigm is thus emerging that focuses on reassessing the role of corporations in soc…

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7 mins read

Corporate America got woke. Now it's having second thoughts.

Companies were eager to undertake ESG and DEI efforts a few years ago. Now, their talk and actions …

Emily Stewart   


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1 min read

Hostess surges 19% after the Twinkie maker agrees to $5.6 billion takeover by JM Smucker

Shares of the classic jelly company crashed as much as 8% while Hostess stock rallied by more than …

Phil Rosen   


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3 mins read

Sensex, Nifty50 rise in morning trade driven by auto and banking stocks

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Monday amidst posit…

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2 mins read

Sensex, Nifty settle flat in subdued trading; Reliance Industries earnings eyed

The broader NSE Nifty ended at 17,624.05, showing a marginal dip of 0.40 points. Among the S…

PTI   


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2 mins read

Nestlé, the world's biggest consumer food company, says it will keep hiking prices in 2023, and that its rivals will have to do the same

"Inflation has left its mark on gross margins and profit margins," Nestlé CEO Mark Schneider said. …

Grace Dean   


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4 mins read

Sensex, Nifty50 surge in morning trade led by banking and metal stocks

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Thursday amid posit…

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11 mins read

WPP hits its 2023 revenue target in 2021

WPP reports revenue of £12,801 million for 2021; growth driven by e-commerce, digital and technolog…

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3 mins read

Marico is paying the price for rising inflation because its buyers aren’t able to

Shareholders of the ₹6,450 crore ($865 million) consumer products maker ⁠— popular for its Parac…

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10 mins read

Marguerite Ward   


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2 mins read

Verizon unveils new business plan with the goal of going carbon neutral by 2035 and retraining 500,000 employees for emerging tech jobs

The move is part of a larger trend of companies changing the way they do business to be more enviro…

Marguerite Ward   


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2 mins read

Bank of America, KPMG, Mastercard, and some 60 other top companies adopt new ESG metrics

World Economic Forum founder Klaus Schwab said now is the time for companies to "walk the talk" whe…

Marguerite Ward   


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4 mins read

Infosys may show faster growth than TCS in the Dec quarter, say analysts

Infosys, TCS and Wipro are among India’s top five technology services giants that will declare thei…

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3 mins read

HUL shares spike despite a profit warning⁠ as investors get swayed by the broader market mood

Hindustan Unilever (HUL), India’s largest consumer staples company, has warned that its profit may …