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The Latest Breaking News from Unilever

New Unilever boss is still getting it wrong on Russia

The Dove and Magnum maker says it wants to make a ‘positive impact’ but pays taxes to a state waging an illegal war in Ukraine

The Guardian - UK

Michael Heseltine’s air raid shows why levelling up from the top down is doomed to fail

The Tory grandee has revealed how he reshaped local authority boundaries by pointing at them from an aircraft

The Guardian - UK

Employees skipped out on personal hygiene when working from home. Now deodorant is the unlikely winner of return-to-office mandates

Working from home meant lesser use for personal care products like deodorants. With the return to offices, Unilever is seeing growth in the sale of deos.

Fortune

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Surge in Unilever’s deodorant sales after workers return to office

Worldwide, underlying group sales are up 5.2%, led by price rises, as the number of items sold falls

The Guardian - UK

ECB warns eurozone economy ‘remains weak’ after leaving interest rates on hold; US growth accelerates to 4.9% – as it happened

Eurozone central bank gives press conference after pausing its cycle of rate hikes, as inflation slows and Europe’s economy weakens

The Guardian - UK

The 4-day workweek could be the best way to bridge the gender pay gap–and the companies that have tried it are living proof

Companies such as Kickstarter, Microsoft Japan, and Unilever have proved that a shorter workweek can benefit working mothers–and business results.

Fortune

Who is Christopher Luxon – New Zealand’s new PM who vows to lead country out of economic slump

It has only been three years since Mr Luxon entered politics

The Independent UK

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Luxon lauded as National's poll messiah after NZ win

He's a teetotaller who wakes at 4:30am each morning and writes emails in blue comic sans font. And soon, he'll be the New Zealand Prime Minister.

AAP

From selling deodorant to running the country: New Zealand’s new PM, Christopher Luxon

He is a former Air NZ chief executive, millionaire and committed Christian, but Luxon remains a bit of an enigma

The Guardian - AU

Buy Veralto The Spinoff from Danaher Is A Good Bet

Spinoffs and Parents in these sectors do well. 23 years of data from says that Large-cap Parents and Spinoffs within the Healthcare and Industrials sector observe a consistent trend of outperformance. This suggests that investors could see a similar trend with DHR and VLTO post-Spin.

Barchart

Reducing anaemia in the developing world: why researchers are adding nutrients to salt and tea

Billions worldwide are affected by a lack of essential vitamins and minerals in their diets, but a team at Canada’s top university has developed a groundbreaking solution – fortifying staple foods with iron and other nutrients

The Guardian - UK

Scientists on panel defending ultra-processed foods linked to food firms

Exclusive: three out of five at briefing playing down concerns over UPFs have ties to makers of such foods

The Guardian - UK

Unilever to make payments to Kenyan tea pickers over 2007 plantation attacks

UK law firm Leigh Day says money given to 77 workers for murders and rapes ‘sidesteps’ multinational’s responsibility over attack

The Guardian - UK

Men deserve care and compassion too

Rather than pour scorn on the notion of a minister for men, think how such a role could help some of our most vulnerable people

The Guardian - UK

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Fortune

A supermarket chain is shaming suppliers like PepsiCo over ‘shrinkflation’—by labeling examples on shelves

“This product has seen its volume or weight fall and the effective price from the supplier rise.”

Radio France Internationale

French supermarket sticks 'shrinkflation' warnings on food to shame suppliers

French supermarket chain Carrefour has slapped price warnings on goods from Lindt chocolates to Lipton Ice Tea to pressure top suppliers to limit so-called "shrinkflation" – reducing the size of products while maintaining or increasing their price.

The Guardian - UK

If Unilever truly wants ‘a world with more joy’, why is it filling Putin’s war chest?

Its Russian taxes pay for 39 bullets every second but still it boasts how ethical its products are

The Guardian - UK

Wilko: rescue deal to save many stores at risk over supplier debts

Big suppliers want debts paid upfront in order to guarantee supplying shops

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news in one place.

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Fortune

How Chanel's Leena Nair went from fashion outsider to CEO

‘I've spent so much of my life hearing that I can’t do something because I’m a girl,’ said Leena Nair.

The Guardian - UK

Unilever’s new boss should seize last chance to exit Russia

After two months in charge, Hein Schumacher needs to act swiftly to change course with credibility

The Conversation

Ukraine recap: bridgehead across the Dnipro river a key objective as Kyiv works to maintain solidarity among allies

Google the words “Ukraine counteroffensive” and the adverb you will most commonly find associated with them is “slowly”. The popular misconception in the months leading up to the launch of Ukraine’s summer push was that, like last autumn’s lightning counter-attacks around Kherson in the south and Kharkiv in the north-east…

The Independent UK

Batiste dry shampoo settles $2.5m lawsuit over harmful levels of cancer-causing chemical

Customers who purchased one or more Batiste dry shampoo products may be able to cash in on million-dollar lawsuit

The Conversation

Western firms still doing business in Russia finance the war – here's how to recoup the huge cost to taxpayers

In Russia this summer, you can still enjoy a Cornetto, but you can forget about eating a Tunnock’s tea cake or a Big Mac. This is because Cornetto’s UK-headquarted parent company, Unilever, is still operating in Russia after its invasion of Ukraine, alongside many other western firms such as PepsiCo.

The Guardian - UK

Birds Eye owner sees sharp rise in sales after raising prices 18%

Profits at food group surged even as sales volumes fell, adding fuel to accusations of ‘greedflation’

The Guardian - UK

Nice profit margins, Unilever, but spare us the ‘sharing the pain’ gloss

The household staples firm and its rivals have done a better job of protecting their margins than the supermarkets

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