Richa Naidu

As a cost-of-living crisis with no end in sight sends shockwaves through Europe, deals in the region's retail and consumer-products industries have slowed dramatically - even more so than in other sectors, data shows.

Reckitt Benckiser, maker of Dettol cleaning products and Durex condoms, has contingency plans in place to keep a major European facility from shutting down if energy to the continent is cut off, the company's chief executive told Reuters.

Britain's Reckitt Benckiser, maker of Dettol and Lysol cleaning products, on Wednesday raised its full-year revenue forecast after steep price hikes helped it beat second-quarter sales expectations.

Unilever Plc raised its full-year sales guidance after beating first-half underlying sales forecasts as the maker of Dove soap and Knorr stock cubes hiked prices to counter soaring costs, sending its shares up 2.9% on Tuesday.

Enfamil maker Reckitt on Wednesday afternoon flew 65 tonnes of baby formula to Chicago from its plant in Singapore, aiming to end a months-long shortage in the United States by late summer, a senior executive said.

French food giant and the world's biggest yoghurt maker Danone is cutting the variety of products its sells, a top executive said, adapting to changing consumer shopping habits in Europe and beyond as inflation bites into household spending.

As commodities - from crude oil to sunflower oil - remain in short supply, Britain's Unilever has changed the ingredient makeup for some of its products like deodorants and packaged food to cut costs and mitigate supply constraints.

Billionaire activist investor Nelson Peltz didn't have to wage an all-out proxy war this time - Unilever welcomed him onto its board with little apparent fuss.

The U.S. baby formula crisis has boosted profits at Britain's Reckitt Benckiser and helped it grab the top spot in a $5.8 billion-a-year market.

The U.S. baby formula crisis has boosted profits at Britain's Reckitt Benckiser and helped it grab the top spot in a $5.8 billion-a-year market.

Danone SA has been doubling shipments to the United States of Neocate formula for infants allergic to cow's milk, a top executive told Reuters on Wednesday, hoping to help stem a nationwide shortage of formula.

Danone SA has been doubling shipments to the United States of Neocate formula for infants allergic to cow's milk while Enfamil maker Reckitt is also working to boost supplies amid a nationwide shortage, company executives said on Wednesday.

Imperial Brands said on Tuesday it was starting to see some recovery of sales of cigarettes in duty-free shops at airports and in popular European holiday destinations as COVID-19 restrictions ease and people begin to travel more.

Top baby formula makers Reckitt Benckiser and Nestle have ramped up supplies to the United States to resolve a shortage that has emptied shelves and caused panic among parents.

Nestle SA is flying baby formula supplies to the United States from the Netherlands and Switzerland to alleviate the shortage in U.S. supermarkets, the company said on Tuesday.

Imperial Brands said on Tuesday the terms of its recent agreement to exit Russia did not include a clause allowing it to buy back its business there in future, as Western companies rush to leave the country following its invasion of Ukraine.

Imperial Brands is on track to meet its full-year goals helped by strong sales of ecigarettes and heated tobacco in Europe, it said on Tuesday, boosting its shares to a more than two-year high.

Reckitt Benckiser is boosting baby formula production by about 30% and making more frequent deliveries to stores as it looks to counter a nationwide shortage in U.S.

Some Swedish Match investors are divided about whether Philip Morris' $16 billion offer for the Stockholm-based company is good value for one of the world's biggest makers of oral nicotine products.

Philip Morris International's $16 billion bid for smaller rival Swedish Match highlights the urgency among cigarette makers to tap new and potentially less harmful alternatives as regulation and health concerns snuff out traditional smokes.

Philip Morris International's $16 billion bid for smaller rival Swedish Match highlights the urgency among cigarette makers to tap new and potentially less harmful alternatives as regulation and health concerns snuff out traditional smokes.

Stephanie Labarta, 31, was six months pregnant when she first noticed the occasional infant formula ad on Instagram and Facebook.

As a shortage of sunflower oil ripples through the global food industry, Unilever said on Thursday that it has altered some of its recipes so it can substitute rapeseed oil instead, a move that could help it save money as input costs soar.

Unilever raised prices by over 8% in the first quarter and warned more hikes were on the way as the maker of Dove soap and Ben & Jerry's ice cream lifted its cost inflation forecast for the second half of the year due to the Ukraine conflict.

Nestle said on Wednesday it will halt several non-essential brands including KitKat chocolate and Nesquik in Russia, in an unprecedented move amid pressure on the world's top consumer goods company after criticism from Ukrainian President Volodymyr Zelenskiy.

Nestle is to halt the sale of a wide range of brands in Russia, including KitKat chocolate bars and Nesquik, amid Ukrainian President Volodymyr Zelenskiy's criticism of the world's biggest food company for its continued presence in the country.

Nestle said on Wednesday it will halt the sale of several non-essential products including KitKat candy bars and Nesquik chocolate mix in Russia, in an unprecedented move amid pressure on the world's top consumer goods company after criticism from Ukrainian President Volodymyr Zelenskiy.

Nestle said on Wednesday it will suspend several brands including KitKat and Nesquik in Russia, days after Ukrainian President Volodymyr Zelenskiy criticised the world's biggest consumer goods company for continuing to operate in Russia.

British American Tobacco Plc is in advanced talks to transfer its Russian business to Russia's SNS Group of Companies, its distributor, SNS said, after Moscow suggested it could nationalise assets of foreign firms that left the country.