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The Latest Breaking News from Unilever

Unilever decision spotlights crackdown on US Palestinian activism

Activists say the sale of Ben & Jerry’s Israeli business is part of efforts to punish solidarity with Palestinians.

Al Jazeera

Looking Into Unilever's Recent Short Interest

Unilever's (NYSE:UL) short percent of float has risen 205.56% since its last report. The company recently reported that it has 6.42 million shares sold short, which is 0.55% of all regular shares that are available for trading.

Benzinga

Salmonella shuts down world's biggest chocolate factory that supplies Nestle and Hershey

The Belgian-based Barry Callebaut factory - which produces chocolate for Hershey, Mondelez, Nestle and Unilever - has suspended operations after salmonella bacteria was found in its factories

Daily Mirror

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Ben & Jerry’s criticises deal that will resume sales in occupied territories

Firm says it does not agree with parent company’s decision to sell off brand’s Israeli business

The Guardian - UK

Benzinga Before The Bell: Texas Giga Tesla's Output Ramp Up, California's Lithium Tax, Spot Bitcoin ETF Proposal Rejection And Other Top Financial Stories Thursday, June 30

Reuters Hyundai, Affiliates Plan To Set Up New Company In US:

Benzinga

Ben & Jerry's Disagrees With Unilever Divesting Brand To Israel Local Licensee: FT

Yesterday Unilever plc (NYSE:UL) sold its Ben & Jerry’s business in Israel to Avi Zinger, the current Israel-based licensee. Under the terms of Unilever’s acquisition agreement of Ben & Jerry’s in 2000, Ben & Jerry’s was granted rights to make decisions about its social mission. Still, Unilever reserved primary responsibility for financial and operational…

Benzinga

Unilever sells local Ben & Jerry’s business to Israeli firm

Deal means that the ice cream will be sold in settlements in occupied Palestinian land, despite the brand’s opposition.

Al Jazeera

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Coca-Cola among brands greenwashing over packaging, report says

Research ‘exposes litany of misleading claims’ by household names, including Coca-Cola and Unilever

The Guardian - UK

Unilever sells off Ben & Jerry’s in Israel to avoid West Bank row

Move follows ice-cream brand’s decision to stop selling in Palestinian territories as it was ‘inconsistent’ with its values

The Guardian - UK

Ben & Jerry's Israel business sold; sales to resume

Unilever says it has reached a new business arrangement in Israel that will effectively end Ben & Jerry’s policy of not selling ice cream in annexed east Jerusalem and the occupied West Bank

The Independent UK

REVEALED: Peter Cowgill had been in line for pay rise ahead of sudden resignation as JD Sports finance chief gets £100,000 boost

JD Sports compared salaries at companies such as Next, ASOS, John Lewis, Tesco and Unilever as part of its salary review

Birmingham Post

Stewartry dentist teaching youngsters about the importance of oral hygiene

Dr Maria Papavergos, who runs The Lifestyle Dentist, has been driving home the message as part of her Making Mouths Matter in Schools campaign

Daily Record

Superdrug launches new Pride range in partnership with Switchboard Helpline

The six piece collection, out now, will help raise money to train an additional 22 volunteers and answer over 1700 calls, instant messages and emails across a year

Daily Mirror

Life out in the open

Championing gender rights and embracing diversity by putting it into practice has become the hallmark of Sansiri. Over the past six years, the country's leading real estate company has been committed to promoting equality and inclusiveness at the workplace.

Bangkok Post

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The Guardian - UK

UK credit card debt is ballooning for all the wrong reasons

In normal times consumers spend for gratification – in this cost of living crisis they are spending out of desperation

Benzinga

Unilever Jumps After Nelson Peltz Joins Board

Unilever plc (NYSE: UL) shares traded higher by 8% on Tuesday after the company announced activist investor Nelson Peltz is joining the company's board of directors.

Birmingham Post

Unilever sees shares bounce as activist investor Nelson Peltz joins board

Mr Peltz was chairman of Procter & Gamble

The Guardian - UK

Unilever shares rise as billionaire investor Nelson Peltz joins board

Hedge fund boss – whose daughter married Brooklyn Beckham – holds 1.5% stake in Unilever

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Evening Standard

FTSE 100 Live: Brent crude price up again, Nelson Peltz joins Unilever board

Brent crude posted another sharp price rise today after EU leaders moved to ban 90% of Russian oil imports by the end of the year.

Financial Times

The war on ‘woke capitalism’

Rightwing populists and industry sceptics are mounting a backlash against a vision for business that looks beyond profits

Reuters

Global energy and funding shocks test climate commitments

Six months after the world agreed in Glasgow to a U.N. climate pact with bold, new targets, political and business leaders facing an energy crisis, volatile markets and an economic downturn are grappling with how to cut carbon emissions.

The Guardian - UK

French dijon mustard supply hit by climate and rising costs, say producers

Poor seed harvests have led to empty shelves at supermarkets in France and global shortages

The Conversation

Beauty and the Bleach: the colonial history of colourism explored in BBC documentary

In a recent BBC documentary, entitled Beauty and the Bleach, presenter Tan France (of Queer Eye fame) tackles the issue of colourism. Also known as pigmentocracy, colourism is defined as discrimination that privileges light-skinned people of colour over their darker-skinned peers.

The Guardian - UK

Fiddling with the energy price cap is the tip of the iceberg. More needs to be done

Ofgem’s more important ideas include ringfencing customers’ deposits – it’s time the regulator got a move on

The Conversation

A living wage increases economic productivity while reducing poverty – new report

It can be difficult to see a way out of the current cost of living crisis. Prices continue to rise, and there are fears that if nothing changes, many families will face serious financial hardship.

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