Dasha Afanasieva
BusinessLIVE
United Kingdom
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Past articles by Dasha:
Most of the food sold by five producers is unhealthy, research shows
For Kraft Heinz, 80% of its products did not meet health standards across three sampled markets, with its entire sample in Mexico failing to make the grade → Read More
Reckitt expects improved profit in 2023
Maker of medical products received boost from US demand for infant nutrition → Read More
How Ben & Jerry’s Ended Up at War With Itself
The activist ice cream brand made the controversial decision to pull out of Israel’s occupied territories. Instead of a humanitarian win, the company set off a legal battle with its owner, Unilever. → Read More
Nestlé’s $6,000 Peanut Allergy Pill Has Been a Dud
It spent $2.6 billion developing Palforzia, but the treatment regimen proved too cumbersome for many prospective patients. → Read More
A Machine That Sorts Moth-Eaten Sweaters Is Helping to Stem Textile Waste
The Salvation Army in the UK uses its Fibersort scanner to save more clothing from the landfill. → Read More
Danone to try help cows burp less to cut methane emissions
Cutting methane emissions in the agricultural sector is much harder than tackling it in the oil and gas sector → Read More
How Smarter, Warmer Freezers Are Boosting Ice Cream Sales for Unilever
It’s developing AI-enabled chill cases that help restock themselves, along with treats that stay frozen at higher temperatures. → Read More
How Smarter, Warmer Freezers Are Boosting Ice Cream Sales for Unilever
It’s developing AI-enabled chill cases that help restock themselves, along with treats that stay frozen at higher temperatures. → Read More
Nestle tries to correct mistake with plan to sell allergy division
Nestle is considering options for Palforzia just two years after buying the maker of the drug in a $2.6bn deal → Read More
Ben & Jerry’s escalates dispute with Unilever over Israel policy
Ice-cream maker’s parent is allowing sales in West Bank settlements via a third party → Read More
VAT relief for tourists in Britain is welcome news for luxury goods
Walpole CEO says Britain needs to be competitive with European countries → Read More
Bulking up in baby food is far from child’s play – Breakingviews
Reckitt and Nestlé’s U.S. sales of infant formula food are surging after market leader Abbott recalled its lines on safety fears. It looks an ideal time for Reckitt especially to flog a weak business line. Unfortunately, state regulations mean its market share gains may not last. → Read More
Western companies have 50 bad ways to leave Russia – Breakingviews
Multinationals can sell out like McDonald’s, shut down like Zara owner Inditex or shrink operations like Nestlé. Hopes of finding a Chinese or Indian buyer may prompt some to drag their heels. But the threat of forced nationalisation gives others an incentive to hurry. → Read More
Reinvention tops returns in Philip Morris snus bet – Breakingviews
The tobacco giant has agreed a $16 bln takeover of nicotine pouch maker Swedish Match. The deal brings it closer to being mostly smoke-free by 2025. But only rapid growth or big cost cuts can justify the 39% premium. CEO Jacek Olczak has scant room for legal or regulatory snafus. → Read More
SlimFast maker could be tasty swig for Nestlé – Breakingviews
An activist wants Irish protein powder seller Glanbia to break up. Listing its consumer unit in the U.S. could double its 3 bln euro value, but would take time and carries risk. That opens the door to a cash-rich buyer like the Swiss giant, which is bulking up its health lines. → Read More
Russian nickel king laughs all the way to the bank – Breakingviews
Vladimir Potanin has snapped up his third financial asset since the war began. The Norilsk Nickel CEO has so far evaded U.S. sanctions despite links to President Putin. Dozens of Russian billionaires are in similar boats, poised to make out like bandits from the Western exodus. → Read More
Inflation exposes consumer groups’ portfolio duds – Breakingviews
Companies like Danone and Nestlé had some success in flogging more stuff while hiking prices last quarter. Water and healthcare enjoyed a post-Covid boost. But groups peddling inflation-proof wares, such as pet care, look better prepared for sustained high prices. → Read More
P&G’s savvy inflation remedy has its limits – Breakingviews
The Braun razor maker’s sales rose 10% in the third quarter. And cuts to marketing spend helped prop up its operating margin even as commodity and freight prices surged. But some input costs filter through with a lag. CEO Jon Moeller may struggle to keep delivering good news. → Read More
Russian misinformation will target its economy too – Breakingviews
Sanctions may lop as much as 15% off output this year. But Kremlin propaganda and a media crackdown will keep negative GDP and other numbers hidden. That gives extra weight to unorthodox economic indicators like household budgets, freight traffic and online food sales. → Read More
Putin’s finances can survive a European energy ban – Breakingviews
The Russian president may cut off gas to Europe, or even face a hydrocarbon export freeze himself. That could mean up to $50 bln less annual revenue, yet Moscow’s reserves and high oil prices will cushion the blow. An embargo would hurt Russia, but not bring Putin to his knees. → Read More