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EU ambassadors have given preliminary approval to a €90 billion loan for Ukraine, following Hungary's decision to withdraw its veto. This development comes as some reports also mention the restart of the Druzhba oil pipeline.
Lysol Maker Reckitt Halts Production in Bahrain Amid Middle East Conflict WSJ
Lysol Maker Reckitt Books Rise in Revenue, Boosted by Emerging Markets WSJ
The ongoing crisis in Iran is significantly impacting various industries, leading to increased costs for fuel and operations. Companies like Reckitt are cautioning about the effects on consumer demand and expenses, while US coal producers face pressure from rising demand and costs.
Boss Kris Licht said the firm’s immediate priority was to look after staff across its operations in the region.
Reckitt, the company behind Durex, surpassed its fourth-quarter sales expectations, driven by strong performance in emerging markets.
Reckitt Benckiser's CFO highlighted a surge in emerging markets while cautioning that Europe is expected to remain flat in 2026 during a recent conference.
Reckitt Benckiser Group has released its earnings highlights for the fourth quarter.
Reckitt Benckiser's CEO presented a new strategy focusing on simplification, AI-driven innovation, and cost reductions.