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The Latest Breaking News from Reckitt Benckiser

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

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

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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

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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

Why Abbott's Formula-Related Sell-Off Could Be A Buying Opportunity, Says Analyst

Abbott stock tumbled to a month-low Friday after an Illinois jury ordered Reckitt Benckiser to pay $60 million in an infant formula lawsuit.

Investors Business 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.

Medical Daily

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.

Evening Standard

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.

GoodToKnow

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.

Evening Standard

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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

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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

The Guardian - UK

Boss of Dettol maker Reckitt Benckiser unexpectedly resigns

Laxman Narasimhan surprises investors by saying he will leave for US halfway through turnaround plan

Evening Standard

Shock departure of Reckitt Benckiser CEO hits shares in consumer product giant

Laxman Narasimhan is returning to the US after three years in charge of the consumer products giant

The Guardian - UK

Prince William charity uses bank that is one of world’s biggest fossil fuel backers

Royal Foundation also places investments in trust that owns shares in firms that buy palm oil, investigation reveals

The Independent UK

Prince William charity invests in bank tied to fossil fuels

The conservation charity founded by Prince William, second in line to the British throne and a well-known environmentalist, keeps its investments in a bank that is one of the world’s biggest backers of fossil fuels

Evening Standard

Reckitt Benckiser first half revenues up as pandemic bounce continues

Business had introduced cost cutting measures of £370 million

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