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Unilever halts Hellmann’s mayonnaise supplies to S.Africa as costs bite

Unilever halts Hellmann’s mayonnaise supplies to S.Africa as costs bite By Richa Naidu LONDON, Feb 1 (Reuters) - Unilever ULVR.L has suspended sales of Hellmann's mayonnaise to South Africa, the company and major retailers confirmed on Wednesday, due to the high cost of importing the product from the United States. "Due to high inflationary import costs, we will regretfully be discontinuing Hellmann’s in South Africa until further notice," Hellmann’s South Africa business tweeted on Tuesda
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Oreo maker Mondelez tops quarterly estimates as snack demand holds up

UPDATE 3-Oreo maker Mondelez tops quarterly estimates as snack demand holds up Adds details from earnings call, analyst comment By Deborah Mary Sophia and Aatrayee Chatterjee Jan 31 (Reuters) - Mondelez International Inc MDLZ.O topped market expectations for quarterly results on Tuesday, boosted by resilient demand for chocolates and snacks, but warned its European business could take a hit in the current quarter from price hikes.
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Unilever turns to former Heinz exec to steer new course

NEWSMAKER-Unilever turns to former Heinz exec to steer new course Adds comment from analyst and former Heinz executive Art Winkleblack By Richa Naidu LONDON, Jan 31 (Reuters) - Incoming Unilever CEO Hein Schumacher gets seasick, according to his former boss at food group Heinz, but that never stopped him joining executive sailing trips and sticking them out.
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Unilever turns to former Heinz exec to steer new course

RPT-NEWSMAKER-Unilever turns to former Heinz exec to steer new course Repeats JAN. 30 story. No change to text. By Richa Naidu LONDON, Jan 31 (Reuters) - Incoming Unilever CEO Hein Schumacher gets seasick, according to his former boss at food group Heinz, but that never stopped him joining executive sailing trips and sticking them out. "Every year, I'd bring nine of our most promising executives to Florida - just me and them, not their bosses.
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Unilever turns to former Heinz exec to steer new course

NEWSMAKER-Unilever turns to former Heinz exec to steer new course By Richa Naidu LONDON, Jan 30 (Reuters) - Incoming Unilever CEO Hein Schumacher gets seasick, according to his former boss at food group Heinz, but that never stopped him joining executive sailing trips and sticking them out. "Every year, I'd bring nine of our most promising executives to Florida - just me and them, not their bosses.
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