News

The City had its eye on the break-up of consumer goods giants yesterday as Unilever and Reckitt Benckiser were in the spotlight.

Jobs threat in Unilever proposals

Hundreds of jobs are set to be lost at consumer goods giant Unilever under plans to close a number of sites, although its biggest factory will receive a £40 million investment boost.

Thai buyer has appetite for Birds Eye deal

Captain Birdseye could be about to embark on his longest voyage. The famous fish finger maker, part of food group Iglo, is in the sights of a Thai conglomerate that wants to buy the business and export its wares to Eastern Europe and Asia.

Thai buyer CP Foods has sights on Birds Eye

Captain Birdseye could be about to embark on his longest voyage. The fish finger maker, part of food group Iglo, is in the sights of a Thai conglomerate that wants to buy the business and export its wares to Eastern Europe and Asia.

Study examines health benefits of older varieties of fruit

Old varieties of apples, bananas and onions are part of a UK study to potentially give consumers products with "significantly" higher levels of nutrients, it has been announced.

Market report: Unilever falls out of favour for first time in 17 years

Seventeen years is rather a long time. 1995 saw the release of Braveheart, the collapse of Barings Bank and the departure of Robbie Williams from Take That. Perhaps less notably, it was also the last time Investec did not believe Unilever shares were worth snapping up – until now.

AstraZeneca appoints new chairman for troubled times

AstraZeneca named Leif Johansson, the chairman of the telecoms group Ericsson, as the next head of its board, as the pharma giant battles to overcome a cocktail of problems developing new drugs and selling old ones.

Facebook's founder, Mark Zuckerberg, is following in a long line of entrepreneurs who have found they need outside money to develop their businesses

Sell-out! When entrepreneurs give up control – for a price

Facebook's Mark Zuckerberg joins the ranks of innovative business people willing to entrust their brands to faceless multinational corporations

Unilever boss defends scrapping of 'unjustified' final salary pension scheme

The chief of the world's second-biggest consumer goods company has defended his position on scrapping the firm's final salary pension scheme.

The Business Matrix: Friday 03 February 2012

Basketball strike costs Compass

Unilever pension move given go-ahead

Trustees of consumer giant Unilever have given the go-ahead for controversial changes to the firm's pensions, while workers continued to take strike action in protest at the move.

Thousands set to strike in three separate disputes

Thousands of workers will go on strike this week in three separate disputes over jobs and pensions affecting consumer goods giant Unilever, tax offices and a leading gallery.

Unilever workers stage pension protest

Industrial action could be taken in protest at "attacks" on pensions in private firms and the public sector under moves to link a series of disputes, it was revealed today.

Spotlight On... Paul Walsh, chief executive, Diageo

What's this I hear about the drinks boss Paul Walsh quitting?

Unilever 'Scrooges' hit back over staff strike

The consumer goods giant Unilever has been labelled a "modern day Scrooge" after it scrapped the Christmas party, hampers and bonuses for factory staff who staged its first UK strike yesterday.

'Solid support' for Unilever strike

The first ever strike at consumer goods giant Unilever was said to be "solidly supported" today as picket lines were mounted at several sites in a row over pensions.

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