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Unilever CEO Schumacher to step down Tubs of Ben & Jerry’s ice cream in a store freezer. Bloomberg | Bloomberg | Getty Images Unilever CEO Hein Schumacher is stepping down after less than two years in the job, the company said Tuesday, with current CFO Fernando Fernandez set to take his place leading the company. … Read more

Markets relieved by German election as key industries face uncertainty

Skyscrapers on the skyline in the financial district of Frankfurt, Germany, on Monday, Nov. 4, 2024. Germany Finance Minister Christian Lindner, leader of the free market-leaning FDP, issued a position paper on Friday calling for tax cuts and a slower approach to emissions reductions.  Bloomberg | Bloomberg | Getty Images Germany’s election result delivered a … Read more

Bank of Korea, Hong Kong trade

South Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome that may support market expectations for an easing of monetary policy as early as next week. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets traded lower Tuesday after Wall Street fell overnight as Trump tariffs stoke … Read more

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