Non-Cyclical Consumer Goods
LONDON, July 28 - Reckitt Benckiser plans to spin off its heroin-addiction treatment in the next 12 months as sales slide under pressure from rival copycat versions of the drug.
SHANGHAI, July 28 - An on-going internal investigation conducted by OSI Group LLC into its unit, the scandal-hit Chinese food supplier Shanghai Husi Food Co Ltd, has revealed that standards were below par.
SHANGHAI, July 28 - The head of U.S. meat supplier OSI Group, the parent company of a Chinese firm at the centre of a food safety scandal, will hold a news conference in Shanghai later on Monday, as McDonald's Corp struck more meat dishes off its menus in China.
* Medibank expected to raise A$4 billion sometime in FY15
WASHINGTON, July 28 - President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday.
MUMBAI - Hindustan Unilever Ltd on Monday said first-quarter net profit rose 4 percent on year, beating analyst estimates.