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The Latest Breaking News from Reckitt Benckiser

Early gains evaporate as oil price rise resumes

Financial markets continue to be rattled by the Iran conflict, which entered its sixth day with seemingly no immediate prospect of resolution.

Evening Standard

Reckitt ‘focusing on staff safety’ amid Iran war as prices impact unclear

Boss Kris Licht said the firm’s immediate priority was to look after staff across its operations in the region.

Evening Standard

Stocks tumble amid US banking fears

The FTSE 100 index closed down 81.52 points, or 0.9%, at 9,354.57.

Evening Standard

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Top 100 Stocks to Buy: Indivior Advances Into Top 50 on Momentum

In Monday’s trading, the opioid-treatment pharmaceutical company’s stock moved into the top 50 in Barchart’s Top 100 Stocks to Buy in 46th position, up 11 spots from Friday. With profits rising, it’s got momentum on its side.

Barchart

Earnings and trade hopes send FTSE 100 to new high

The FTSE 100 index closed up 76.88 points, 0.9%, at 9,138.37, a new closing peak.

The Independent UK

Reckitt strikes deal worth up to £3.6bn to sell Cillit Bang business

Advent International will buy a 70% stake in Reckitt’s essential home business, which also includes brands such as Air Wick.

The Independent UK

FTSE 100 recovers ground after market jitters

The FTSE 100 finished 67.05 points, or 0.83%, higher to end the day at 8,177.15.

Evening Standard

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FTSE 100 Live 01 November: Markets calmer after sell-off, Reckitt Benckiser shares jump

Borrowing costs continue to be in focus after a rocky week for markets on both sides of the Atlantic.

Evening Standard

FTSE drops further as pound slides to two-month low

London’s top index finished 47.90 points, or 0.58%, lower to end the day at 8,258.64.

Evening Standard

Reckitt sees sales of new hyaluronic acid condoms surge in China

Reckitt launched its first hyaluronic acid-lubricated Durex condoms across China in October 2022.

Evening Standard

Reckitt sees sales slide after £100m tornado hit to baby formula

The Nurofen-to-Dettol maker saw revenues dragged lower by a 17.4% tumble in sales at its nutrition division caused by tornado damage to a warehouse.

Evening Standard

Reckitt Benckiser’s shares slump after Abbott baby formula ruling over bowel disease link

British group says claims products cause serious bowel condition NEC are ‘not supported by science’

The Guardian - UK

The Guardian Advertising Awards 2024: winners revealed

Nurofen, Google Pixel, eBay, Who Gives A Crap and Charlie Bigham’s were winners at the Guardian’s first ever Advertising Awards celebrating scale, influence and integrity.

The Guardian - UK

Reckitt Benckiser: how one terrible deal wrecked the company

Takeover of baby formula maker Mead Johnson Nutrition could lead to billions in damages payouts

The Guardian - UK

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Medical Daily

High Levels Of Cancer-Causing Benzene Detected In Some Acne Products: Independent Lab Report

The researchers found unacceptably high levels of benzene in numerous prescription and over-the-counter benzoyl peroxide products when they were stored or handled at high temperatures.

Evening Standard

Reckitt Benckiser appoints company insider Kris Licht as new CEO

The US-based executive will move to the UK and take up the £1.1 million top job at the end of the year

Evening Standard

FTSE 100 Live: ‘A radical decline in UK investment’ — London Stock Exchange boss grilled on US listings

GSK, housebuilder Persimmon and the consumer products group Reckitt Benckiser are among the blue-chips updating investors today.

GoodToKnow

Why is there still a baby formula shortage and when will it end?

People across America are still wondering why there is a baby shortage in shops and hoping for an update on when it will end. We share everything we know so far.

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Evening Standard

FTSE 100 Live: Persimmon, Aston Martin and Just Eat post results, house prices fall

Persimmon, Just Eat Takeaway, Aston Martin Lagonda and Reckitt Benckiser are among companies reporting today as the annual results season continues.

The Guardian - UK

FTSE 100 firms hand billions in dividend payouts to Qatar investors

Critics say everyday UK consumer spending has funnelled billions to controversial World Cup host since 2010

Newslaundry

Who are the top advertisers on Indian news TV?

Reckitt Benckiser India, Amul and Life Insurance Corporation of India were the top advertisers on news TV in the first half of 2022, a study by TAM Media Research, which collects and analyses audience behaviour and brand communication data, has found.

Evening Standard

Ben van Beurden’s resignation at Shell takes 2022 tally of FTSE 100 CEO departures to 18

The top job at the UK’s most valuable company is changing hands at the end of the year

Evening Standard

Starbucks appoints outgoing Reckitt Benckiser chief as its next CEO

Laxman Narasimhan is swapping Slough for Seattle and takes up the top job there in April

Tribune News Service

Starbucks names Reckitt chief Laxman Narasimhan as next CEO

Starbucks Corp. tapped Laxman Narasimhan, chief executive officer of Reckitt Benckiser Group Plc, as its next CEO, choosing a consumer-industry veteran to chart a new path after the interim tenure of Howard Schultz.

Evening Standard

Who’s in and who’s out as tally of FTSE 100 CEO departures grows

Run of FTSE 100 CEOs announcing departures in 2022 reaches 17

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