Standard Chartered and Reckitt Benckiser both exceeded their top-line and bottom-line estimates for Q2, with updates to their FY26 outlooks. In contrast, Fiverr International missed its Q2 top-line and bottom-line estimates, leading to an updated FY outlook.
Consumer goods group Reckitt is expected to take a £175 million hit from the sale of its Russian hygiene business, a process that began more than four years ago.
The CEO of Danone has stated that the company has no interest in purchasing Reckitt's Mead Johnson unit, clarifying its position on potential acquisitions.
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.
Reckitt Benckiser announced it is implementing moderate price increases across most markets, including the UK, to offset rising cost pressures, partly attributed to the Iran war.
Reckitt Nigeria has announced the appointment of new non-executive Board directors. These appointments follow the recent passing of the company's Board Chairman, Chief Michael Olumuyiwa Falomo.
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 Plc's sales surpassed expectations, driven by robust demand for its cleaning and hygiene products, particularly Dettol, in key markets like China and India.
The University of Health and Allied Sciences (UHAS), in collaboration with the Reckitt Global Hygiene Institute (RGHI), USA, organized a dissemination forum. The event focused on critical topics of menstrual hygiene and adolescent mental health, held at the Fred N. Binka School of Public Health.
Russia has announced it will halt the flow of Kazakh oil to Germany via the Druzhba pipeline, while Slovakia has threatened to block the EU's 20th sanctions package against Russia. These developments come as the Druzhba pipeline has reportedly resumed operations after repairs, and trust between Ukraine and Slovakia is strained over the pipeline.