Unilever boss spurns London January 17, 2010 New Unilever chief executive Paul Polman has dealt the government another blow by electing to remain resident in Switzerland rather than relocate to the UK’s less tax-friendly shores. Polman, who recently warned in a speech that British politicians need to recognise the importance of creating a climate “in which businesses can prosper and compete”, was [...]
An income strategy has its benefits in uncertain times September 1, 2010 THERE seems to be no end to the uncertainty surrounding the outlook for the global economy. Bonds tend to be the first port-of-call in uncertain times. However with prices at multi-year highs investors are right to be nervous about entering into a long position from here. So what should investors do? UBS analysts claim that [...]
An income strategy has its benefits in uncertain times September 1, 2010 THERE seems to be no end to the uncertainty surrounding the outlook for the global economy. Bonds tend to be the first port-of-call in uncertain times. However with prices at multi-year highs investors are right to be nervous about entering into a long position from here. So what should investors do? UBS analysts claim that [...]
Nestle ups outlook as business booms in emerging markets August 11, 2010 SWISS food giant Nestle raised its full-year outlook yesterday after buoyant demand for its strong brands in emerging markets boosted sales in the first half. The world’s biggest food group said its food and beverages business should show underlying sales growth of around five per cent. So far the group – whose brands include Nescafe [...]
Top firms in a bid to fill pension gap August 3, 2010 BRITAIN’S top companies doubled the amount they paid into pension schemes in 2009 compared to 2008, according to a report by actuaries Lane Clark & Peacock (LCP). In an attempt to plug gaps in company pension schemes, FTSE 100 firms put £17.5bn into defined benefit schemes in 2009, a rise of 50 per cent on [...]
Top firms in a bid to fill pension gap August 3, 2010 BRITAIN’S top companies doubled the amount they paid into pension schemes in 2009 compared to 2008, according to a report by actuaries Lane Clark & Peacock (LCP). In an attempt to plug gaps in company pension schemes, FTSE 100 firms put £17.5bn into defined benefit schemes in 2009, a rise of 50 per cent on [...]
BEST OF THE BROKERS May 31, 2010 UNILEVER UBS has upgraded its rating for Unilever from “neutral” to “buy” and said that since the start of April, Unilever has underperformed its US peers. UBS suspects partly this reflects investors seeing Unilever as a proxy for the Eurozone, yet it estimates Unilever ’s exposure to the Eurozone to be only marginally higher than [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 23, 2010 FINANCIAL TIMES NISSAN’S GHOSN TOPS JAPAN PAY LEAGUE Nissan’s Carlos Ghosn has taken top spot on a list of Japan’s best-paid executives after the carmaker revealed it paid its Brazil-born chief executive Y890m ($9.9m) last year. Nissan and other quoted Japanese companies are being forced to report the compensation of individual executives for the first [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 23, 2010 FINANCIAL TIMES NISSAN’S GHOSN TOPS JAPAN PAY LEAGUE Nissan’s Carlos Ghosn has taken top spot on a list of Japan’s best-paid executives after the carmaker revealed it paid its Brazil-born chief executive Y890m ($9.9m) last year. Nissan and other quoted Japanese companies are being forced to report the compensation of individual executives for the first [...]
Findus frozen out by bidders May 25, 2010 PRIVATE equity houses Permira and Lion Capital are emerging as front runners for Unilever’s Italian frozen food unit Findus as other bidders question its profitability, sources close to the situation said yesterday. Permira and Lion, which already run frozen food businesses, both put in offers for the Unilever unit on yesterday’s deadline for first round [...]