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No more burgers and coke? Climate fears hit meat, drink sales

1 week ago DieselGasoil Comments Off on No more burgers and coke? Climate fears hit meat, drink sales
BERLIN (Reuters) – Consumers worried about the environment are cutting their spending on meat and bottled drinks and trying to reduce plastic waste, and this trend is set to accelerate as climate concerns mount, a global survey showed on Tuesday. FILE PHOTO: Plastic waste is seen at a fishermen’s port on the outskirts of Dakar, Read More

Venture capital fuels Latam ‘unicorns’ expansion beyond borders

1 month ago DieselGasoil Comments Off on Venture capital fuels Latam ‘unicorns’ expansion beyond borders
SAO PAULO (Reuters) – Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts of capital have helped many firms avoid silos common in the region. FILE PHOTO: The logo of SoftBank Group Corp is seen at the company’s Read More

P&G posts strong sales, takes $8 billion Gillette writedown

2 months ago DieselGasoil Comments Off on P&G posts strong sales, takes $8 billion Gillette writedown
(Reuters) – Procter & Gamble Co’s (PG.N) quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, sending shares to a record-high even as the world’s No.1 personal goods company took an $8 billion charge on its Gillette shaving business. FILE PHOTO: Gillette products are seen on diaplay at Procter & Gamble’s corporate headquarters Read More

Unilever second-quarter sales growth falls short of estimates

2 months ago DieselGasoil Comments Off on Unilever second-quarter sales growth falls short of estimates
FILE PHOTO: Unilever headquarters in Rotterdam, Netherlands August 21, 2018. REUTERS/Piroschka van de Wouw/File Photo (Reuters) – Consumer goods giant Unilever Plc (ULVR.L) UNc.AS reported slightly weaker-than-expected quarterly underlying sales growth on Thursday, hit by wet weather in Europe and North America, and moderating growth in India. The maker of Dove soap and Ben & Read More