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Ben & Jerry’s to continue business in Israel

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Ben & Jerry's

Ben & Jerry’s parent company, Unilever has sold its business in Israel to a local licensee

The undisclosed deal will allow Ben & Jerry’s to be sold in Israel but will be distributed under its Arabic and Hebrew name.

Ben & Jerry’s is unhappy with the decision as it says it goes against its social justice values and support for Palestine.

The business was sold to Avi Zinger who owns American Quality Products.

It comes after the ice cream company last year announced it will no longer market their products in Israeli-occupied Palestinian regions.

Unilever, which does not support the BDS movement which aims to boycott, divest and sanction businesses that operate in Israel, have the final say on all operational and financial decisions. 

“Unilever rejects completely and repudiates unequivocally any form of discrimination or intolerance. Antisemitism has no place in any society. We have never expressed any support for the Boycott, Divestment, Sanctions (BDS) movement and have no intention of changing that position.”

Unilever

Israel’s foreign minister Yair Lapid says it’s “a shameful capitulation to antisemitism”.

Ben & Jerry’s is firm on their opinion and say they will not do business in illegal settlements.

The company says that without its recognised social justice values, “it’s just a pint of ice cream”.

Katerina Kostakos contributed to this article.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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