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Unilever boosts sales goal, hikes prices more than ever

Unilever Plc raised its sales forecast for this year after pushing through the biggest increase in prices in its history amid rampant inflation. The maker of Knorr stock cubes now expects sales this fiscal year to increase more than 8%, up from a prior range of 4.5% to 6.5%, after reporting a better than expected third quarter. However, the group ...

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Southwest profit tops estimates despite lingering cost pressures

Southwest Airlines Co. reported a third-quarter profit greater than Wall Street expected as business sales strengthened, even as the carrier warned that cost pressures will extend into next year. Adjusted earnings were 50 cents a share in the period, the company said in a statement, compared with the 44-cent average from analyst estimates compiled by Bloomberg. Revenue of $6.22 billion ...

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Made.com abandons hope for rescue buyer

Made.com Group Plc, the British online furniture retailer, abandoned hopes to find a rescue buyer and said it’s taking steps to try to protect its creditors and shareholders. The company, which warned it was running out of cash, decided that there “is no reasonable prospect” for an offer and terminated the sale process. It has halted new orders to its ...

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