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Unilever warned of accelerating price increases in the coming months as the consumer goods maker contends with rising commodity and ingredient costs stemming from geopolitical disruptions affecting oil prices.
GSK announced a £1.9bn cost-cutting programme and £400m UK investment, including a new Cambridge research centre, with over 1,000 scientists relocating and the Stevenage site closing by 2029.
Visa plans to eliminate about 7% of its workforce, or roughly 2,600 positions, primarily in technology and product operations as CEO Ryan McInerney prioritizes efficiency and invests in growth areas.
The UK government will provide parents on benefits with up to £4,500 annually to encourage their children to pursue apprenticeships, offsetting lost welfare payments.
Institutional investors are listing significantly more rental homes for sale following new legislation that bans them from purchasing additional single-family rentals, with listings more than doubling since early February.
Goldman Sachs has launched a new platform to help wealthy clients and family offices invest directly in promising private companies like SpaceX and Stripe before they go public.
