News

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

French fine firms for fixing prices of laundry powder

France's competition authority has slapped fines totalling €361m (£309m) on Colgate Palmolive, Henkel and Procter & Gamble for fixing prices of washing powder in France from 1997 to 2004.

The Business On... Paul Polman, chief executive, Unilever

The ethical businessman?

Unilever staff prepare for strike

Workers at consumer goods giant Unilever are finalising plans for their first ever strike as part of a widespread day of action over pensions.

Reckitt fined €24m for price fixing laundry products

Reckitt Benckiser has been fined €24m by the German cartel office for fixing prices on dishwashing and laundry products with its German rival Henkel.

Unilever warns about rising commodity prices

Rapid growth in emerging markets helped Unilever post its strongest quarterly revenue growth for three years yesterday. But the consumer goods giant warned higher commodity prices means its full-year margins will be flat or lower.

The filth element: Why we're getting dirtier

We're buying fewer cleaning products and finally getting our hands dirty. Bring on the squalor, says Rhiannon Harries

Unilever sells Chicken Tonight

Unilever has sold its Chicken Tonight and Ragu sauce brands to Symington's, the food group behind Golden Wonder snacks.

Unilever's sales surge in the second quarter

Unilever, the consumer goods giant, delivered second-quarter revenues ahead of City expectations, boosted by price hikes and a strong performance in western Europe and emerging markets.

China fines Unilever after customers clean it out

Just talking about the problem of inflation has got Unilever into hot water in China, where the authorities fined it 2 million yuan (£177,000) yesterday for saying in March that it planned to raise the cost of its personal care products.

Commodity price surge quickening, warns Unilever

Unilever, the consumer goods company that makes everything from Dove soap to Ben & Jerry's ice cream, warned yesterday that it would be hit by higher commodity costs during 2011, with vegetable oil and chemical prices rising particularly sharply.

The Week Ahead: BP's figures to reveal effect of rising oil prices

It may be a severely curtailed week on the markets, but there are still plenty of updates for investors to get their teeth into, including the latest figures from BP. Last week marked the one-year anniversary of the Gulf of Mexico disaster, so the oil giant will be hoping tomorrow's first-quarter results bring it some cheer.

Market Report: Takeover talk drives up Stagecoach shares

The rumour mill cranked into action yesterday, driving Stagecoach up the mid-tier index after speculation swirled that it could be in line for a potential bid.

Unilever and P&G fined €300m for price-fixing

European regulators have ordered Procter & Gamble, the maker of Tide, Gain and Era washing power brands, and Unilever, whose brands include Omo and Surf, to pay fines totalling more than €300m (£267m) for their part in a cartel that fixed detergent prices across eight European countries.

Unilever and Procter & Gamble fined over price collusion

Consumer goods giants Unilever and Procter & Gamble have been slapped with fines totalling 315.2 million euros (£280.5 million) after they colluded to fix the price of washing machine detergent powder.

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