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Colgate bids for Nestle skin-health business

Bloomberg Colgate-Palmolive Co is among bidders for the consumer arm of Nestle SA’s skin-health business, people familiar with the matter said, joining an auction process that’s been dominated by private equity firms. Colgate and Unilever NV are both bidding for the consumer-focussed part of Nestle’s business, which includes brands such as Cetaphil moisturisers and cleansers and the Proactiv acne treatment, ...

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Brexit turns gloomy tale for Brits with EU jobs in Luxembourg

Pro brexit protests in london

Bloomberg Luxembourg’s PM Xavier Bettel joked that Brexit is like Samuel Beckett’s “Waiting for Godot.” Unfortunately, many UK citizens in the Grand-Duchy have become the protagonists in a tragicomedy of their own. Since the June 2016 referendum, there’s been an influx of finance workers fleeing the City of London. But other Britons, employed at EU institutions, were essentially forced to ...

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North Korea cites ‘rumours’ of FBI link to embassy raid

Us north korea summit in vietnam

Bloomberg North Korea says it’s monitoring “rumours” the FBI was involved in a recent raid on its embassy in Spain. In Pyongyang’s first public statement on the incident, an unidentified foreign ministry spokesperson said North Korea is tracking rumours that the FBI and an anti-North Korea group were involved in the “grave terrorist attack” on its embassy in Madrid on ...

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