Shell has now made sale and purchase agreements for four Nigerian oil blocks as violence and rampant oil theft in the Niger Delta have recently led foreign oil giants to sell their blocks to smaller, mostly local players.
Kimberly-Clark Corp.’s diaper business is getting squeezed in the middle. The company’s Huggies diapers posted a double-digit decline in sales volume for the third quarter in North America amid sharp declines in the brand’s mid-priced diaper line, Huggies Snug & Dry.
The Securities and Exchange Commission is increasingly steering cases to hearings in front of the agency’s appointed administrative judges, who found in its favor in every verdict for the 12 months through September, rather than taking them to federal court.
Adidas CEO Herbert Hainer needs to decide if it’s better to welcome an unsolicited bid for the Reebok unit and cash out now on a nascent recovery in the brand or double down on a more pronounced rebound.