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AI hype embellishes Il Makiage IPO

The Israeli beauty company home to Il Makiage and SpoiledChild is highlighting its artificial intelligence. At some point, it will wash off, columnist Anita Ramaswamy writes.

Israel , Israeli , Jeffrey-goldfarb , Estee-lauder , Oran-holtzman , Allen-co , Morgan-stanley , Nasdaq , Goldman-sachs , Thomson-reuters-trust-principles , Reuters-breakingviews , Savers-value-village

Factbox: Global firms in Uganda face LGBTQ conundrum

Uganda's tough new anti-LGBTQ law, which stipulates the death penalty for "serial offenders", presents a conundrum for multi-nationals wanting to grow in Africa while promoting diversity and inclusion.

Uganda , Kampala , Matt-scuffham , Giles-elgood , Google , Reuters , Unilever , Thomson-reuters-trust-principles , Standard-chartered , Thomson-reuters-trust , Rsbi-esg-investors , Rsbi-human-rights

Purdue Pharma to sell consumer business for $397 mln

Bankrupt Purdue Pharma received a U.S. judge's permission on Tuesday to sell its consumer health business for $397 million to a subsidiary of Arcadia Consumer Healthcare.

New-york , United-states , White-plains , Eli-vonnegut , Dietrich-knauth , Alexia-garamfalvi , Us-department-of-justice , Thomson-reuters-trust-principles , Purdue-pharma , Reuters , Us-circuit-court , Avrio-health

With UK food price inflation at 46-year high, lawmakers launch probe

British lawmakers launched an investigation on Friday into the fairness of the country's food supply chain, seeking to understand why households are facing the highest levels of food price inflation since the 1970s.

United-kingdom , France , London , City-of , Britain , British , Susan-fenton , Robert-goodwill , James-davey , Reuters , Committee-of-the-house-commons , Thomson-reuters-trust-principles

US FDA staff raises concerns over OTC use of Perrigo's birth control pill

The U.S. health regulator's reviewers on Friday raised concerns around allowing Perrigo Co's birth control drug over the counter, saying switching to non-prescription sale could lead to inappropriate usage by consumers.

United-states , Bengaluru , Karnataka , India , Leroy-leo , Shounak-dasgupta , Us-supreme-court , Perrigo-co , Thomson-reuters-trust-principles , Drug-administration , Reuters , Thomson-reuters-trust

Haleon quarterly profit squeezed by higher costs

Pfizer's plan to sell its Haleon stake is not a surprise, the consumer health company's finance chief Tobias Hestler told Reuters on Wednesday.

London , City-of , United-kingdom , Natalie-grover , David-goodman , Reuters , Thomson-reuters-trust-principles , London-editing , Thomson-reuters-trust , Rhpi-commercial-strategy , Bact , Biz

DSM misses Q1 forecasts due to high inflation, low vitamin prices

Dutch specialty chemicals maker DSM's first-quarter profit and sales missed expectations on Tuesday, hit by weak volumes, persistently high inflation and low vitamin prices.

China , Netherlands , Dutch , Ceos-geraldine-matchett , Lina-golovnya , Augustin-turpin , Milla-nissi , Vara-research , Reuters , Thomson-reuters-trust-principles , Geraldine-matchett , Dimitri-de-vreeze

Beiersdorf confirms 12.2% sales hike in Q1

Beiersdorf's Nivea brand recorded 18% sales growth in the first quarter of 2023 thanks to price hikes, the German firm said on Wednesday, confirming higher sales across its business year-on-year.

China , Tristan-veyet , Reuters , Thomson-reuters-trust-principles , Beiersdorf , Thomson-reuters-trust , Bact , Biz , Cmpny , Hsehld , Ncyc , Psnpr

Procter & Gamble price hikes take sales from strength to strength

Procter & Gamble Co's customers continued to show little resistance to repeated price hikes, helping the Tide detergent maker boost its sales forecast and third-quarter margins.

Bengaluru , Karnataka , India , Ukraine , Andre-schulten , Ananya-mariam-rajesh , Devika-syamnath , Thomson-reuters-trust-principles , Reuters , Procter-gamble-co , Wall-street , Thomson-reuters-trust

L'Oreal beats expectations with strong sales in U.S., Europe

L'Oreal reported a 13% rise in first-quarter sales, beating expectations thanks to strong business in the United States and Europe as shoppers shrugged off rising prices, but has yet to benefit from the end of COVID-19 curbs in China.

Australia , United-states , Paris , France-general- , France , China , America , Australian , French , Silvia-aloisi , Bruno-monteyne , Nicolas-hieronimus