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Hershey and Cadbury chocolate makers eye price hikes to cover cocoa crunch By Reuters

Hershey and Cadbury chocolate makers eye price hikes to cover cocoa crunch By Reuters
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Richa naiduDan sadlerMichelle liLindt sprungliJessica dinapoliCaramel big cupVan de putWall streetParnassus investmentsTiny tobleroneToblerone truffles

Hershey and Cadbury chocolate makers eye price hikes to cover cocoa crunch

The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge in cocoa prices, even as inflation-hit consumers curb their purchases and company profits face a hit.

Michelle liRicha naiduJessica dinapoliLindt sprungliMaytaal angelDan sadlerCaramel big cupMichele buckVan de putWall streetParnassus investmentsTiny tobleroneToblerone truffles

Britain s tea supply facing disruption from Red Sea crisis

Britons may have to brave a shortage of some lines of tea, one of the nation s favourite drinks, after the supermarket industry warned of a risk to supply from shipping disruptions in the Red Sea. .

Red seaDjibouti generalCity ofUnited kingdomAndrew opieRicha naiduMarco forgioneJan harveyJames daveyPepco groupBritish retail consortiumInstitute of export international tradeIran aligned houthiInternational tradeSouth africaGood hope

Unilever posts 4 7% rise in quarterly sales as volumes return

Unilever on Thursday met expectations for underlying quarterly sales growth after raising prices at a slower rate than in recent quarters, posting an increase in sales volumes for the first time in 10.

City ofUnited kingdomJason neelyRicha naidu

Unilever launches $1 6 bln buyback, CEO calls for improvements

Unilever launched a 1.5 billion euro share buyback on Thursday after volumes increased for the first time in 10 quarters, although the company s CEO said its overall performance still needed.

City ofUnited kingdomRicha naiduJason neelyTom hogueAlexander smithHein schumacher

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