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Unilever India’s profit misses estimates on weak demand, subdued festival season

BLOOMBERG Indian consumer goods giant Hindustan Unilever Ltd posted disappointing quarterly profit as it struggled with weak demand, a subdued festival season and competitors tearing into the firm’s market share. The Mumbai-based unit of Unilever Plc reported a 0.4% rise in net income to 25.2 billion rupees ($303 million) for the quarter through December compared with the same period a ...

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Boeing wins 150 Max jet order from Akasa Air

BLOOMBERG Boeing Co won an order for 150 Max jets from India’s newest airline, in a rare spot of good news for the US planemaker since a piece of fuselage blew off an Alaska Airlines flight almost two weeks ago. Akasa Air, which began flying commercially less than two years ago, made a firm purchase for the 737 Max 10 ...

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UAE President receives phone call from Ukrainian President

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Excellency Volodymyr Zelenskyy, President of Ukraine. During the call, President Zelenskyy expressed his appreciation to His Highness for the UAE’s mediation efforts leading to the recent significant prisoner exchange between the Russian Federation and Ukraine. The two leaders also discussed ...

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