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Unilever boosts revenue by raising prices

  Bloomberg Unilever Plc is increasing the pressure on consumers worldwide with higher prices for Dove soap, raising the risk that shoppers may start to balk at spending more. All company reported sales growth at about double the pace analysts had expected. Unilever forecast full-year revenue growth at the top end of its forecast, though warned that profitability may suffer ...

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German parliament backs heavy weapons supplies for Ukraine

Bloomberg Germany’s parliament urged the government to quickly supply Ukraine with heavy weapons and other equipment to help its defense against Russia. The three parties in Chancellor Olaf Scholz’s coalition and the largest opposition group — which combined hold over 80% of the seats in the lower house of parliament — teamed up to support a motion in a show ...

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Reports of naval base on Solomon Islands is ‘fake news’: China

  Bloomberg China denied reports that it plans to build a naval base in the Solomon Islands, with a Defense Ministry spokesman calling them “fake news.” Australia Prime Minister Scott Morrison said a Chinese military base in the Solomon Islands would be a “red line” for his government, after Beijing signed a security pact with the government in Honiara. The ...

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