Unilever Held Back by Lingering Covid-19 Restrictions in Asia 

The Dove soap maker said pandemic-related restrictions in several key markets were still keeping a lid on sales growth even as business begins to return to normal in the U.S. and Europe.

Even Hermès Shoppers Can't Escape the Supply-Chain Crunch 

The company's already scarce Kelly and Birkin handbags are becoming even harder to find. Skyrocketing prices in the resale market show the luxury brand's true health.

Chinese Regulators Nudge Didi Toward Hong Kong Listing 

China's internet watchdog suggested ride-hailing giant Didi Global and two other U.S.-listed tech firms explore listings in Hong Kong, as Beijing wraps up cybersecurity investigations into the companies.

Crypto Miners Struggle to Cut Carbon Emissions 

Bitcoin mining has earned a bad reputation for guzzling cheap electricity in the pursuit of profit. Now bitcoin miners are trying to go green, to a point.

Barclays Profit Rises on Investment Banking 

The London-based lender said its net profit more than doubled in the third quarter, driven by a continued strong performance at its investment bank.

Amazon Employee Group Seeks Vote on Unionization 

An employee group formed by warehouse workers in New York's Staten Island announced its goal to vote on unionization, becoming the latest labor-organizing effort from workers at one of the nation's largest employers.

WeWork Set to Begin Trading, Two Years After Failed IPO 

The shared-office company is set to trade publicly, capping a journey to a listing that included the implosion of its initial public offering in 2019.

Evergrande Is Struggling to Sell Homes-and Its Assets 

Evergrande's difficulty in unloading even some of its best assets shows how long and painful a restructuring process could ultimately be.

Plaid Pushes Into Payments Business After Scuttled Visa Deal 

The fintech startup is teaming up with Square, Stripe and dozens of others on a digital pay-by-bank offering.

Unilever Sales Struggle Higher as Cost Inflation Accelerates 

Unilever posted a 2.5% rise in third-quarter underlying sales and stuck to its guidance for flat margins this year, faced with continued high cost inflation.


(END) Dow Jones Newswires

October 21, 2021 07:15 ET (11:15 GMT)

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