Unilever
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Starbucks suspends tea purchases from James Finlay’s tea estate in Kenya over sex for work scandal
KENYA – Multinational coffeehouse chain Starbucks has suspended the purchase of tea from James Finlay & Co, the second-largest tea company operating in Kenya’s Rift…
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Unilever considers exiting US$968M Russian business as pressure from critics mounts
RUSSIA–UK multinational consumer goods giant Unilever has announced that it may have to stop doing business in Russia, which may lead to it taking a…
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Befitting sendoff: Unilever’s annual turnover exceeds US$64B in Alan Jope’s last year as CEO
UK – Multinational consumer goods giant Unilever has delivered yet another impressive growth with annual turnover jumping 14.5% to €60.1 billion (US$64.78 Billion) in what…
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Unilever taps FrieslandCampina’s Chief Hein Schumacher as new CEO, awards him US$1.96m salary
UK – Multinational consumer goods giant Unilever has tapped Royal FrieslandCampina CEO Hein Schumacher to succeed current CEO Alan Jope who announced in September 2022…
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Hindustan Unilever raises royalties to UK parent company, CEO defends moves as strategic
INDIA – Hindustan Unilever, the Indian subsidiary of UK-based consumer goods company Unilever, has raised royalty payments to its parent company in appreciation for the…