Unilever's net rise shows resilience

Article Abstract:

Unilever Group, a Dutch-Anglo consumer-products group, was hailed for its capability to adapt to conditions in emerging markets worldwide, which is reflected in its period-on-period net-earnings growth of 33% to $1.19 billion during the third quarter of 1998. The development also exhibited Unilever Group's capacity to better position itself amidst the economic recession being suffered by different countries worldwide. The development also led a market analyst to conclude that the company is virtually unaffected by market recession.

Comment:

Is hailed for its capability to adapt to conditions in emerging markets worldwide

Strategy & planning, Soap, Cleaning Compound, and Toilet Preparation Manufacturing, Soaps, Detergents & Toiletries, Consumer goods industry, Unilever Group, Article

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De Beers boosts prices of low-grade diamonds

Article Abstract:

The diamond industry expects improved sales as De Beers Centenary announced 10% to 15% higher prices for lower-grade gems. The company has launched an intensive advertising campaign, which includes exhibitions of famous diamonds at the London Millennium Dome.

Commodity & service prices, Gem Diamonds, All Other Nonmetallic Mineral Mining, Statistical Data Included, Prices and rates, Mining industry, Advertising, Diamond industry, Diamond mining, Diamonds, De Beers Centenary AG

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