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Unilever India’s profit beats estimates, hikes royalty payout

Bloomberg Unilever Plc’s Indian unit reported a better-than-expected quarterly profit as the declining prices of key raw materials, including palm oil, boosted the consumer goods giant. It also raised the royalty payout to its European parent. Mumbai-based Hindustan Unilever Ltd. posted a net income of 25.1 billion rupees ($309 million) for the quarter ended December 31, according to an exchange ...

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Anti-Covid device comes too late for airlines as flyers shrug off virus

  Bloomberg A Covid-era invention that protects plane passengers from the virus with a curtain of fast-flowing air is proving redundant, underscoring how little travellers care about the risk of infection in the rush back to the skies. Washington-based Pexco Aerospace Inc. has spent the pandemic designing and manufacturing a device that clips onto air vents inside the aircraft. The ...

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Burberry sees lackluster sales growth, hurt by China slump

  Bloomberg Burberry Group Plc showed lackluster sales growth last quarter as customers in China were kept at home first by strict pandemic controls and then, at the very end of the year, by a viral surge as the government loosened restrictions. Comparable store sales rose 1% in the quarter ended December 31, 2022, below the 1.4% gain analysts anticipated. ...

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