Unilever warns of extra costs
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Unilever has warned that restoring profitable growth will involve rising marketing spend and a big jump in restructuring charges in the fourth quarter.
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The British competition watchdog accused British supermarkets and dairies on Thursday of colluding to fix prices, resulting in customers being overcharged 270 million pounds (386 million euros, 542 million dollars) for dairy products.
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Foods giant Unilever is to close one of its Birds Eye factories with the loss of 600 jobs in an effort to cut costs, as two other companies also revealed job cuts in the UK.
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Travel: Â· Passengers could pay Â£50 more, says watchdog Â· Airline aims to price bags out of aircraft holds
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Consumer goods giant Unilever, fresh from a shock profits warning last month, says bad weather hit sales over the summer months.
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You will comply The European Commission has warned Microsoft it could face further penalties over what it calls "unreasonable pricing" of interoperability information.â¦
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Unilever, the Anglo-Dutch consumer goods giant, launched a crash advertising drive yesterday after shocking the City with a profits warning that sent the shares tumbling 4.7pc to a four-year low.
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Media & professional: The corporation's global presence is threatened by the licence fee squeeze, writes James Robinson.
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Consumers face a jump in meat prices as farmers pass on the cost of surging animal feed prices, a report warns.
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The National Health Service (NHS) is paying hundreds of millions of pounds too much for branded medicines, using up funds that could be spent on other needs, the competition watchdog has said.
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Unilever NV, the maker of consumer products such as Dove soap, Ben & Jerry's ice cream and Lipton tea, on Thursday reported a sharp decline in its fourth-quarter profit compared with results a year ago fattened by a gain from selling a business. Its sales edged up.
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Travel: The holiday industry is still penalising solo travellers by charging them excessively high single-person supplements, a consumer group warns today.
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Business & money: Britain's seventh-biggest bank warns margins this year will be hit by higher funding costs
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Unilever shares fell sharply after the household products giant issued a warning over its profits for 2004. The Anglo-Dutch food-to-detergents group admitted that its leading brands&#39; performance in the third quarter would be below that of the second.
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Savings to be spent caressing customer companies, apparently
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Dutch brewer Heineken warns that beer prices will rise to offset higher costs as it reports a fall in profits.
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SALES at consumer goods giant Unilever slumped 4% in its latest quarter, heaping yet more bad news on long-suffering investors. Just weeks after a devastating profit warning braced the markets for grim tidings