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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

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

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

Ferrovial shareholders approve Dutch move in possible prelude to U.S. listing

A majority of Ferrovial shareholders on Thursday approved a plan to move the Spanish construction group's holding company to the Netherlands, paving the way to a listing in the U.S. and potential access to green subsidies there.

United-states , Madrid , Spain , Netherlands , America , Spanish , Andrei-khalip , Corina-pons , Ignacio-madridejos , Thomson-reuters-trust-principles , Reuters , Rafael-del-pino

Beiersdorf raises 2023 sales outlook

Nivea maker Beiersdorf raised its full-year sales guidance on Wednesday, as it reported a 12.2% hike in preliminary organic group sales in the first quarter, driven by its consumer business unit.

Germany , German , Friederike-heine , Linda-pasquini , Reuters , Beiersdorf , Thomson-reuters-trust-principles , Thomson-reuters-trust , Bact , Biz , Cmpny , Gdy1

Healthcare, consumer staples push FTSE 100 up, worries of recession fade

UK's FTSE 100 inched higher on Friday as healthcare and consumer staples stocks gained, while investors were relieved that the domestic economy narrowly avoided a recession late last year.

Bengaluru , Karnataka , India , Norway , United-kingdom , Norwegian , Chris-beauchamp , Sonia-cheema , Johannm-cherian , Office-for-national-statistics , Reuters , Unitedhealth-group