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Unilever sells spreads business for $8.1bn

Bloomberg Unilever agreed to sell its margarine and spreads business to KKR & Co. for $8.1 billion, ridding the Anglo-Dutch consumer-goods giant of one of its worst-performing units as it focusses on faster-growing food and personal-care niches. The private equity firm’s purchase of the division, whose brands include Flora and I Can’t Believe It’s Not Butter!, is the biggest leveraged ...

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Boeing sales to Iran at risk as Trump revisits N-deal

Bloomberg The Trump administration is considering blocking planned sales by Boeing Co., Airbus SE and General Electric Co. to Iran, as the president reconsiders the 2015 deal to curb the Islamic Republic’s nuclear programme, a person familiar with the matter said. No recommendation has yet been made to President Donald Trump and his administration is also considering letting the sales ...

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Wal-Mart to allow workers early access to pay with new tools

Bloomberg Wal-Mart Stores Inc., working with two financial-technology startups, will allow its 1.5 million-strong US workforce to draw on their salary ahead of payday—or squirrel some of it away for a rainy day. The world’s biggest retailer has unveiled financial-planning tools designed by Even Responsible Finance Inc. and PayActiv Inc., a move that lets its employees access earned wages ahead ...

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