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The Latest Breaking News from Unilever

Goodbye, Choco Taco. Hello, Expensive Household Goods - How Unilver Is Handling Inflation

Chaco Taco has gone the way of Jell-O Pudding Pops and Flintstone Push-Ups. Household item conglomerate Unilever PLC (NYSE: UL) is discontinuing the beloved ice cream snack, first invented in Philadelphia in 1983.

Benzinga

Klondike discontinues Choco Taco

Those trying to beat the heat with some nice cold ice cream during the summer no longer have the Choco Taco to turn to, as Klondike has announced it’s discontinuing the treat

The Independent UK

Unilever hikes prices for products but expects strong sales

Unilever says it raised prices by more than 11% between April and June as inflation surged

The Independent UK

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Marmite maker Unilever raises prices by 11% as inflation increases costs

Consumer goods group reports sales growth despite falling volumes of goods sold

The Guardian - UK

Unilever braced for tighter margins as inflation hits company profits

Unilever boss Alan Jope said product prices had not kept up with inflation

Evening Standard

FTSE 100 Live: Warnings from Walmart and Wickes trigger retail sell-off

Retail stocks have fallen sharply after warnings from Walmart and DIY retailer Wickes hit investor confidence.

Evening Standard

Warning after nurse, 19, sunbathed with Vaseline on her lips and burned her mouth so badly it turned into GIANT scab

Ellie Jean, from Greater Manchester, believes her lip filler may have exacerbated the problem

Manchester Evening News

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Haleon’s debut suggests it may not be the jewel in GSK’s medicine cabinet

Consumer goods spin-off makes few waves in biggest European listing for more than a decade

The Guardian - UK

Krispy Kreme Brings Nostagia to a Limited-Time Treat.

Another major snack brand partnership is banking on nostalgia.

The Street

City relief as GSK’s Haleon gets £31 billion float away

Panadol and Chapstick giant joins FTSE 100

Evening Standard

GSK spin-off Haleon begins trading in biggest European listing in a decade

Consumer health company ends first day on London Stock Exchange with £28.5bn market valuation

The Guardian - UK

No net zero without nature

Businesses, investors and governments that are serious about fulfilling net-zero emissions pledges before 2050 should be rushing to protect, conserve and regenerate the natural resources and ecosystems that support our economic growth, food security, health and climate. Yet there appear to be worryingly few trailblazers out there.

Bangkok Post

Don’t ditch net zero, Coca-Cola, Unilever and other top businesses warn Tory candidates

Right-wing contenders to be next PM threaten to ditch landmark climate commitment

The Independent UK

Stick with net zero targets for good of economy, businesses urge next PM

Groups representing Unilever and Amazon say long-term targets will boost investment and provide jobs

The Guardian - UK

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Benzinga

Benzinga Before The Bell: FDA Temporarily Suspends Juul Ban, FTX Wants Bitcoin Derivatives, Voyager Digital Files For Chapter 11 Bankruptcy And Other Top Financial Stories Wednesday, July 6

CNBC Ben & Jerry’s Sues Parent Unilever On Israeli business Sale

Benzinga

Ben & Jerry's Sues Parent Unilever On Israeli business Sale: CNBC

Unilever Plc (NYSE:UL) owned Ben & Jerry's has sued its owner to stop the sale of its Israeli business to a local licensee, CNBC reported. The move is said to help keep Ben & Jerry's ice cream products available in Israel. The brand said Unilever decided on the sale without the approval of…

Al Jazeera

Unilever decision spotlights crackdown on US Palestinian activism

Activists say the sale of Ben & Jerry’s Israeli business is part of efforts to punish solidarity with Palestinians.

Benzinga

Looking Into Unilever's Recent Short Interest

Unilever's (NYSE:UL) short percent of float has risen 205.56% since its last report. The company recently reported that it has 6.42 million shares sold short, which is 0.55% of all regular shares that are available for trading.

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Daily Mirror

Salmonella shuts down world's biggest chocolate factory that supplies Nestle and Hershey

The Belgian-based Barry Callebaut factory - which produces chocolate for Hershey, Mondelez, Nestle and Unilever - has suspended operations after salmonella bacteria was found in its factories

The Guardian - UK

Ben & Jerry’s criticises deal that will resume sales in occupied territories

Firm says it does not agree with parent company’s decision to sell off brand’s Israeli business

Benzinga

Benzinga Before The Bell: Texas Giga Tesla's Output Ramp Up, California's Lithium Tax, Spot Bitcoin ETF Proposal Rejection And Other Top Financial Stories Thursday, June 30

Reuters Hyundai, Affiliates Plan To Set Up New Company In US:

Benzinga

Ben & Jerry's Disagrees With Unilever Divesting Brand To Israel Local Licensee: FT

Yesterday Unilever plc (NYSE:UL) sold its Ben & Jerry’s business in Israel to Avi Zinger, the current Israel-based licensee. Under the terms of Unilever’s acquisition agreement of Ben & Jerry’s in 2000, Ben & Jerry’s was granted rights to make decisions about its social mission. Still, Unilever reserved primary responsibility for financial and operational…

Al Jazeera

Unilever sells local Ben & Jerry’s business to Israeli firm

Deal means that the ice cream will be sold in settlements in occupied Palestinian land, despite the brand’s opposition.

The Guardian - UK

Coca-Cola among brands greenwashing over packaging, report says

Research ‘exposes litany of misleading claims’ by household names, including Coca-Cola and Unilever

The Guardian - UK

Unilever sells off Ben & Jerry’s in Israel to avoid West Bank row

Move follows ice-cream brand’s decision to stop selling in Palestinian territories as it was ‘inconsistent’ with its values

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