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Today: January 22, 2025
Today: January 22, 2025
Richa Naidu

Richa Naidu

Staff Writer

Latest From Richa Naidu

Business|Economy|Europe|Finance|US

Consumer goods makers set to post mixed sales as US prices ease more than in Europe

Consumer goods companies are likely to post stronger fourth-quarter sales growth in Europe than in the United States, monthly data indicates, boosted by persistently

Consumer goods makers set to post mixed sales as US prices ease more than in Europe
Business|Economy|Finance|Stock Markets

Price rises slow, but Unilever and others struggle to win shoppers back

Packaged goods makers including Unilever and Nestle disappointed investors with weak third-quarter sales volumes, but that could change in the coming months as price

Price rises slow, but Unilever and others struggle to win shoppers back
Economy|Europe|News|US

Analysis-Santa's sleigh to be lighter as people buy fewer toys

Santa Claus may not have as much to give this year because hard up shoppers in Europe and the United States are prioritizing food and

Analysis-Santa's sleigh to be lighter as people buy fewer toys
Business|Economy|Finance|US

Walmart shifts to India, cuts China imports

Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and

Walmart shifts to India, cuts China imports
Business|Europe|Finance|Food

Confectioners eye holiday boost as UK shoppers snub expensive gifts

Quality Street maker Nestle and Cadbury owner Mondelez are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapped

Confectioners eye holiday boost as UK shoppers snub expensive gifts
Business|Economy|Europe

Carrefour drops Pepsico for now but will it make a difference?

Carrefour says it has ditched Pepsico products in four European countries for taking price hikes too far, but the negotiation tactic may have little impact given the

Carrefour drops Pepsico for now but will it make a difference?
Business|Economy|Finance|Food|Stock Markets

Hershey and Cadbury chocolate makers eye price hikes to cover cocoa crunch

The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge in cocoa prices, even as

Hershey and Cadbury chocolate makers eye price hikes to cover cocoa crunch
Business|Finance|Food

Nestle misses sales estimates as price hikes deter shoppers

Nestle reported full-year organic sales growth slightly below expectations on Thursday as the world's biggest packaged food company continued to hike prices,

Nestle misses sales estimates as price hikes deter shoppers
Business|Food

Hershey, Mondelez bet big on Easter as cocoa price crisis looms

Hershey, Mondelez and other confection-makers are employing promotions and pitching more non-chocolate Easter treats like

Hershey, Mondelez bet big on Easter as cocoa price crisis looms
Fashion and Beauty|US

Thousands of Black women claim hair relaxers gave them cancer

Sheila Bush, a cosmetologist, was lounging in the recliner at her St.

Thousands of Black women claim hair relaxers gave them cancer
Business|Economy|Europe|Finance|Food

Consumer gulf widens as demand for premium and budget foods grows

From Nestle to Danone, food companies are seeing shoppers that want either premium or cheaper products, with less interest in items in the middle,

Consumer gulf widens as demand for premium and budget foods grows
Business|Economy|News

Walmart and Adidas cargo aboard, one ship's voyage to avoid the Red Sea

When the Maersk Tanjong set sail from Thailand on Dec. 2, headed towards the Suez Canal to reach the U.S.

Walmart and Adidas cargo aboard, one ship's voyage to avoid the Red Sea
Business|Economy|Europe|Finance|Lifestyle|Technology

Analysis-Britain's Black Friday shoppers go second-hand in hunt for value

As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for

Analysis-Britain's Black Friday shoppers go second-hand in hunt for value
Asia|Europe|Sports|Videos

Olympics-Axelsen looks to get the balance right before badminton title defence

Tokyo badminton gold medallist Viktor Axelsen is not resting on his laurels ahead of the Paris Olympics but the Dane is being careful not to overdo it in training

Olympics-Axelsen looks to get the balance right before badminton title defence
Business|Economy|Europe|Finance|US

Consumer goods makers weighed down by weak US and European sales

Consumer goods giants including Nestle, Kraft Heinz and Reckitt are likely to report weak second-quarter sales growth from Europe and the United States, as consumers

Consumer goods makers weighed down by weak US and European sales
Europe|News|Sports|World

Olympics-Flotilla on Seine, rain and Celine Dion mark start of Paris Olympics

French President Emmanuel Macron declared the Olympic Games open on Friday after a soaking wet ceremony in which athletes were

Olympics-Flotilla on Seine, rain and Celine Dion mark start of Paris Olympics
Entertainment|News|Sports

Pouring rain disrupts Games after drenched opening ceremony

Pouring rain in Paris on Saturday forced the men's Olympics street skateboarding competition to be postponed and tennis matches were

Pouring rain disrupts Games after drenched opening ceremony
Business|Europe

Nestle replaces CEO Schneider with company veteran Freixe

Nestle is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said on Thursday, marking a change of

Nestle replaces CEO Schneider with company veteran Freixe
Business|News

Nestle CEO Schneider was ousted after underperformance, sources say

Nestle CEO Mark Schneider was ousted in a sudden decision by the world's biggest foodmaker as a result of the group's underperformance, three

Nestle CEO Schneider was ousted after underperformance, sources say
Business|Economy|Food|Health

What went wrong for Nestle CEO Mark Schneider

Mark Schneider, Nestle's recently ousted CEO, steered the world's biggest food maker through the COVID-19 pandemic, grew margins despite a subsequent supply chain

What went wrong for Nestle CEO Mark Schneider
Business|Finance|US

Retail, consumer CEOs see shorter tenures as boards act more quickly

When two of the most powerful brands in retail and packaged foods last month ousted their CEOs, it signaled corporate boards are more

Retail, consumer CEOs see shorter tenures as boards act more quickly
Business|Economy|Fashion and Beauty|Finance

Boohoo's prettylittlething brings back free returns ahead of holidays

The returning boss of Boohoo-owned online fashion retailer prettylittlething.com is bringing back free returns ahead of the holiday season, accepting a drain on

Boohoo's prettylittlething brings back free returns ahead of holidays
Business|Health|Lifestyle

Durex makes India condom push for women, rural consumers

For years, the world's biggest condom maker Reckitt Benckiser designed products and marketing to lure Indian men to its Durex brand.

Durex makes India condom push for women, rural consumers
Business|Economy|Environment|Europe

Unilever strikes climate deals with Walmart and others to meet sustainability goals

Unilever is working on sustainability deals with its top 10 retail customers, including Walmart, aimed at cutting greenhouse gas emissions and

Unilever strikes climate deals with Walmart and others to meet sustainability goals
Business|Europe

Unilever overhauling European homecare supply chain, executive says

Unilever is spending over 150 million euros ($165 million) to revamp its European homecare business' supply chain, a senior executive told Reuters, aiming to make up

Unilever overhauling European homecare supply chain, executive says

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