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The Latest Breaking News from Unilever

Capitalism Killed the Choco Taco. It's Also Resurrecting It.

The announcement that Unilever will discontinue the popular treat has small-time entrepreneurs and big-money investors rushing to keep the product alive.

Reason

Cost of living: McDonald’s, Kraft Heinz and Reckitt raise prices, as gas soars – as it happened

End of the 99p cheeseburger as fast food chain warns ‘we’re living through incredibly challenging times’

The Guardian - UK

Price of Marmite and Ben and Jerry's soars by more than 10 per cent as inflation bites

Marmite and Ben and Jerry's manufacturer Unilever say they have ratcheted up prices on some of their biggest brands by as much as 11.2% in the last year as food costs soar

Daily Mirror

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The Choco Taco, a beloved American treat, is dead. Or is it?

Fans are mourning the celebrated ice-cream and leaders are vowing to defend it. Others wonder if its disappearance is a stunt

The Guardian - US

The Choco Taco is dead, but it will never be forgotten

Klondike confirmed it discontinued the Choco Taco on Monday. The frozen dessert has been around for nearly 40 years and many fans are lamenting its end and sharing their love for it on social media.

WEKU

Unilever demonstrates an impressive degree of pricing muscle

Upgrading its revenue guidance is reassuring after the firm’s failed tilt at GSK’s consumer arm, but things remain volatile

The Guardian - UK

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

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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

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

Hindustan Unilever Ltd Q1 net profit rises 14% to Rs 2,391 crore

NEW DELHI: FMCG major Hindustan Unilever Ltd on Tuesday reported a 13.85 per cent rise in its consolidated net profit to Rs 2,391 crore for the first quarter ended June 30, mainly driven by higher product prices.

The Times of India

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The Guardian - UK

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

Evening Standard

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

Panadol and Chapstick giant joins FTSE 100

The Guardian - UK

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

Bangkok Post

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.

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The Independent UK

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 Guardian - 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

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.

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

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