- Reuters•12 hours ago
Consumer goods maker Reckitt Benckiser (RB.L) has ramped up its efforts to sell items such as condoms and vitamins online, aiming to capture new revenue streams as traditional markets get more competitive. As part of its drive, the group has established a new global "e-business unit" that Chief Executive Rakesh Kapoor says will help it deal better with customers like Amazon.com (AMZN.O), be present in marketplaces like those offered by Alibaba (BABA.N) and probe new areas such as cross-border e-commerce and direct-selling websites. "This is a material opportunity that we want to be in the front of the pack on," Kapoor said on Friday.
- Reuters•2 days ago
Nestle said it is teaming up with Samsung in a research project to explore the potential of nutrition science and digital sensor technologies. The companies said on Thursday they are developing a new digital health platform to provide individuals with more personalised recommendations around nutrition, lifestyle and fitness. Health has become an increasing focus for Nestle in recent years, generating estimated sales of about 4 billion Swiss francs ($4.08 billion) out of Nestle's total 88.8 billion francs in 2015.
|52wk Range||68.88 - 80.56|
|Day's Range||79.80 - 80.56|
|Avg Vol (3m)||41,812|
As of 3:54 PM EDT. Market closed.