Month: January 2022

Unilever eyes GSK’s consumer goods arm in possible 50 billion-pound deal By Reuters

seohan 3 days ago

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© Reuters. FILE PHOTO: General view outside GlaxoSmithKline (GSK) headquarters in Brentford, London, Britain, May 4, 2020. REUTERS/Matthew Childs

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By Mrinmay Dey and Siddharth Cavale

(Reuters) -Consumer goods giant Unilever (NYSE:) said it had approached Glaxosmithkline (LON:) about buying the pharmaceutical group’s consumer goods arm, after a newspaper reported that a 50 billion-pound ($68.4 billion) bid it made had been rebuffed.

Unilever, which has been under fire from some investors for the group’s underperforming share price, confirmed the approach about a potential acquisition of the business in a statement on Saturday.

“GSK Consumer Healthcare is a leader in

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‘No jab no job’: companies face legal wrangles over Covid vaccine policies

seohan 3 days ago

US employment lawyer Scott Cruz’s phone has been ringing off the hook in recent weeks as clients scramble to put in place obligatory “vaccine or test” policies for all workers.

He has been fielding very different calls since Thursday, when the Supreme Court blocked President Joe Biden’s federal mandate and handed control back to companies and states to decide their own Covid-19 inoculation regimes.

Small and medium-sized companies are “breathing a sigh of relief”, according to Cruz, who works for law firm Greensfelder in Chicago. While the mandate was a “great source of work” for people in his profession, “for

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State Of Recent York Pandemic Small Business Restoration Grant Program

seohan 4 days ago

The pandemic gave many business leaders practice in serious about an exterior problem as a core concern. Stakeholder capitalism, equally, asks business leaders to define their missionas creating long-term worth not only for shareholders but additionally for customers, suppliers, workers, communities, and others. Making stakeholder capitalism workrequires five small business steps, including identifying stakeholders, defining ways to serve them, and committing to a long-term outlook. In the April McKinsey … Read More

Terry Smith vs Unilever: which is guilty of mayo madness?

seohan 4 days ago

Terry Smith has mayo on his mind — and presumably on his sandwiches and salads. The investor is annoyed that Unilever’s management spends its time pondering the “purpose” of Hellmann’s mayonnaise instead of making more money.

You can see why Smith is upset. His Fundsmith platform has delivered stellar returns to retail investors since inception. But a long streak of outperformance was broken last year thanks to a handful of weak stocks.

Unilever, where Fundsmith is the 10th-biggest shareholder, was one of the culprits. Smith complained in his annual letter this week that the company’s management was “obsessed with publicly

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Stanford Graduate School Of Business

seohan 5 days ago

Companies that ignore this accomplish that at their peril as a end result of employees also say that if their job doesn’t give them objective, they’ll leave for one that will. In a latest McKinsey survey of more than four hundred US-based companies, over 40 p.c of employees said they would be considerably extra prone to get the vaccine if their employers helped them do it. Paid … Read More

Germany among first to recommend COVID-19 booster for 12 to 17-year-olds By Reuters

seohan 5 days ago

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© Reuters. FILE PHOTO: Pediatrician Anila Sternberg vaccinates a teenage girl with a dose of the Pfizer-BioNtech COVID-19 vaccine in her practice, as the spread of the coronavirus disease (COVID-19) continues, in Bonn, Germany, May 21, 2021. REUTERS/Leon Kuegeler/Fi

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BERLIN (Reuters) -Germany’s STIKO vaccine committee recommended on Thursday that all children between the ages of 12 and 17 receive a COVID-19 booster shot even though the European Union’s drugs regulator has not given approval for this age group.

The move makes Germany one of the first countries in the world to make the recommendation, with the United States,

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