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May 23, 2022


Unilever warns of more price hikes as cost pressures build

Unilever logo is displayed in this illustration taken on January 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Q1 underlying sales up 7.3% vs forecast up 4.4% Q1 prices up 8.3%, volumes down 1% Raises H2 cost inflation forecast to 2.7 bln euros April 28......

Analysis: Western companies wrestle with Russia ‘half-exits’

March 18 (Reuters) – Western companies that maintain a presence in Russia to provide essential goods such as food and medicines are trying to strike a balance between President Vladimir Putin’s government and advocates of Ukraine pulling them in opposite directions. More than 400 companies have withdrawn from Russia since......

Japan’s Uniqlo makes U-turn to exit Russia as Britain hits oligarchs

March 10 (Reuters) – Japanese brands Uniqlo and Japan Tobacco made U-turns and said they were stopping business in Russia, joining the corporate crowd shunning Moscow on Thursday, and Britain escalated sanctions against oligarchs including Chelsea soccer club owner Roman Abramovich. Investment bank Goldman Sachs (GS.N) became the first U.S.......

Nestle, tobacco groups latest companies to pull back from Russia

March 9 (Reuters) – Nestle(NESN.S), Philip Morris (PM.N)and Imperial Brands (IMB.L)joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in the West to take a stand against the invasion of Ukraine. The world’s biggest packaged food group fell into line with rivals Procter......

Shell stops buying Russian crude as Moscow’s isolation deepens

Shell to withdraw entirely from Russia Nickel trading halted in London after price surge Volkswagen stops taking orders for plug-in vehicles LONDON, March 8 (Reuters) – Shell (SHEL.L) stopped buying oil from Russia and said it would cut links to the country entirely on Tuesday, as Moscow’s economic isolation looked......

$10 toothpaste? U.S. household goods makers face blowback on price hikes

A display of Colgate toothpaste is seen on a store shelf in Westminster, Colorado April 26, 2009. REUTERS/Rick Wilking/Files Register now for FREE unlimited access to Reuters.com Register March 1 (Reuters) – Get ready for the $10 tube of toothpaste. Colgate-Palmolive Co (CL.N) CEO Noel Wallace said last week at......

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