Danone, Kellogg among 75 companies France has asked for price cuts

[ad_1] LONDON/PARIS, June 23 (Reuters) – Danone (DANO.PA) and Kellogg (K.N) are among 75 consumer goods companies that French authorities have asked to cut prices, according to a list seen…

Illumina CEO Francis deSouza resigns after battle with Icahn

[ad_1] June 11 (Reuters) – Illumina (ILMN.O) Chief Executive Officer Francis deSouza stepped down on Sunday, the gene-sequencing machine maker said in a statement, ending a battle with activist investor…

Unilever starts search for new chair – Bloomberg News

[ad_1] June 5 (Reuters) – Unilever (ULVR.L) is looking for a replacement for Chair Nils Andersen whose term is scheduled to end next year, Bloomberg News reported on Monday, citing…

Biopharma firm Acelyrin valued at $2.1 billion in strong market debut

[ad_1] May 5 (Reuters) – Shares of Acelyrin Inc (SLRN.O) rose 28% in their Nasdaq debut on Friday, giving the biopharma company a market capitalization of $2.1 billion. The Los…

Beiersdorf benefits from bump in Nivea sales

[ad_1] April 26 (Reuters) – Beiersdorf’s (BEIG.DE) Nivea brand recorded 18% sales growth in the first quarter of 2023 thanks to price hikes, the German firm said on Wednesday, confirming…

Wall St posts slim gain ahead of big earnings week

[ad_1] US business activity rises to 11-month high in April Procter & Gamble gains on upbeat sales forecast Amazon rises as research firm predicts upbeat retail sales Albemarle falls on…

L’Oreal sees post-pandemic ‘roaring 20s’ driving cosmetics rebound

[ad_1] PARIS, Feb 12 (Reuters) – L’Oreal (OREP.PA), the world’s biggest cosmetics group, forecast a strong rebound in makeup sales when the COVID-19 pandemic gives way to a “roaring 20s”…

Shein, Temu in fierce fight over US market for $10 dresses

[ad_1] NEW YORK/SHANGHAI, March 9 (Reuters) – Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The…