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Unilever reports 4Q net profit of euro1.14 billion AMSTERDAM (AP) - Unilever PLC, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, has reported net profit up sharply in the fourth quarter due to the sale of operations including Bertolli olive oils. AOLUnilever reports 4Q net profit of 1.14 billion AMSTERDAM (AP) - Unilever PLC, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, has reported net profit up sharply in the fourth quarter due to the sale of operations including Bertolli olive oils. AOLPolicy Makers Weigh Derivatives Oversight Policy makers are discussing expanding the Fed's authority to include oversight of currently unregulated products such as derivatives. WSJ.comSimba Information: K-to-12 Educational Market Growth Persists Despite Economic Downturn STAMFORD, CT (MARKET WIRE) The K-through-12 school market seems to be holding its own despite the economic downturn, according to the newly released study from Educational Market Research (EMR) and Simba Information. 'The Complete K-12 Report: 2009' indicates that the 2007-2008 school year saw growth in all categories, including textbooks, supplemental materials, trade books and standardized tests, and information technology products. Marketwire.comHuttig names Young new CFO Huttig Building Products named Kenneth Young its new chief financial officer last week, according to a regulatory filing Monday. (HBP) Bizjournals.comProtectionist Obama The $819 billion fiscal stimulus package proposed by the Obama administration was passed by the House of Representatives last week and is now under consideration by the US Senate. There is intense debate going on, both inside and outside the US, on whether the package is adequately sized and effectively targeted. Even as divergent opinions are being voiced on these two issues, a third dimension of the package is stirring up a different kind of controversy. This relates to a buy american clause in the proposed legislation, which requires the purchase of locally produced iron and steel products for any construction activity financed by the package. Only if this requirement causes the budget for the project to increase by more than 25 per cent can it be waived. The analytical underpinning for this clause comes from a particular interpretation of the well-known Keynesian multiplier, which is the force by which increased spending translates into faster growth. Business StandardDay concerned `Buy American` clause could extend to other products Canada's international trade minister warned that products other than steel and iron could be swept into the 'Buy american' clause of the U.S. stimulus bill, but he's hopeful U.S. legislators will retreat from the controversial policy. CBC.caHow Government Prolonged the DepressionWall Street Journal Day warns `Buy American` clause could extend to other products Canada's international trade minister warned that products other than steel and iron could be swept into the 'Buy american' clause of the U.S. stimulus bill, but he's hopeful U.S. legislators will retreat from the controversial policy. CBC.caMyanmar: Local beer products - Global Voices Today in Myanmar writes that “Before 1988, beer is a rare commodity in Myanmar.” With the opening of the economy, locally-produced beer brands are now sold in hundreds of beer stations. NewsRack1 2 3 |
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