Starbucks franchise operator in West Asia, North Africa confirmed layoffs as result of dip in sales affected by war in Gaza. McDonald’s & Unilever also saw sales decline in West, Southeast Asia.
Cipla, Dr Reddy’s Lab, Mondelez & Unilever lauded for transition to fourth industrial revolution using advanced technologies despite global challenges like Ukraine war & Covid.
Hindustan Unilever indicated that inflationary pressures were likely to persist, spooking investors. Its shares slipped 4% at the close of trading — the most since early May.
Facebook shares fell 8.3% Friday, the most in three months, after Unilever, one of the world’s largest advertisers, joined other brands in boycotting ads on the platform.
Companies across the world are investing millions in the fight against coronavirus. Unilever has announced distribution of soaps, sanitisers, bleach and food worth €100 million.
Glaxo rose 1.4 per cent in early trading in London. Unilever rose 0.6 per cent in Amsterdam.
Unilever agreed to acquire GlaxoSmithKline Plc’s Indian...
For someone who once wanted nothing to do with his hoary lineage, architect V Ganapati Sthapati brought about a veritable renaissance in temple architecture before his death in 2011.
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