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Business Matters: Household goods giant Unilever rejects Kraft bid

News

MARMITE.jpg

18/02/2017 GMT

Household goods giant Unilever rejects Kraft bid

BBC World Service - Business Matters, Household goods giant Unilever rejects Kraft bid

Unilever reject the initial takeover bid from Kraft Heinz; Scott Pruitt nomination.

Unilever reject the initial bid from Kraft Heinz to create a supermarket goods giant; controversial Environment Secretary nominee Scott Pruitt approved; review of the week.

A mega takeover involving two already giant suppliers of the world's supermarkets, Kraft-Heinz and Unilever, is the talk of the London and New York stockmarkets.  We ask why you would want to mix marmite with baked beans.

Donald Trump's nomination of climate change sceptic Scott Pruitt as America's chief environmental regulator has been approved by the Senate. David Willis in Washington tells us what we can expect from the man.

Massive increases in rents and business rates, along with other pressures, are pushing long-standing independent stores off the UK high street. Alex Ritson went for a final look around the Samuel French theatrical bookshop in London, which is closing its doors after nearly 200 years of trading.

Kai Rysdale of Marketplace Radio introduces his interview with arguably once the most powerful woman in the US, Sally Crawcheck.

Should you take your smartphone with you when travelling to the United States? Our technology correspondent Rory Cellan-Jones relates a cautionary tale. 

Plus our review of the biggest stories of the week, with Joe Wiesenthal of Bloomberg in New York and Charles Forelle of the Wall Street Journal in London. 

Alex Ritson is joined throughout the programme by his guest from Australia Cathy Alexander, research fellow in sustainability at the University of Melbourne.

(Picture: Marmite - Picture credit: Ben Stansall / Getty Images)

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