-
Mbappe draws political fire over Ceuta t-shirt controversy
-
King Charles warns tech bosses of 'existential dangers' of AI
-
Third malaria death in Germany from outbreak tied to Frankfurt airport
-
French fishermen block ports over petrol prices
-
AtlasClear Holdings Reports Preliminary Fiscal 2026 Revenue of Approximately $20.1 Million, Up 85%; Revenue Plus Interest Income of Approximately $21.9 Million
-
Micron's Taiwan workers say 68 months' bonus not enough
-
'Another arrow to the quiver': World Bank posts record private capital mobilization
-
Canada's Carney pushes 'new alliance' with EU despite Trump threats
-
Ireland to boycott Eurovision 2027 over Gaza
-
Beyond Investment Returns: Families Are Measuring Wealth by Freedom, Continuity, and Legacy, According to Nour Private Wealth
-
India's Tata Sons reappoints N. Chandrasekaran as chairman
-
King Charles disputes claims in book by Princess Diana's brother
-
Germany urges EU action against China to defend carmakers
-
Nepal floods among 'most challenging' disasters: WFP
-
Japan eyes changing prostitution law to punish sex buyers
-
Kids and social media: what would change under new EU law
-
Modi pitches India as global chipmaking hub
-
King Charles to call on tech giants for 'reassurances' over AI
-
Ukraine plans record defence spending in 2027
-
STARPRIME Responds to Diverging Gold Market Demand with AM/PM Fixing and XAU24/7
-
NASA scan discovers new, 'once in a century' Moon crater
-
Where the US-China tariff row stands ahead of White House summit
-
Most stocks rise as Fed hikes and indicates drive to curb inflation
-
Indonesia cash-for-photos scheme turns animal hunters into protectors
-
UK-Sudanese author pens book to give children 'African history of Africa'
-
Bayer to Present How it Rebuilt Global Planning with OMP at Gartner Supply Chain Planning Summit 2026
-
Argentine judge orders suspension of Falklands oil project
-
US Congress passes sweeping Russia sanctions bill
-
US Fed raises rates to tackle 'too high' inflation, irking Trump
-
US stocks fall, dollar gains after Fed lifts interest rates
-
Turkey releases 106 protesters, jails more LGBTQ activists
-
US Fed raises rates to tackle 'too high' inflation in move sure to rile Trump
-
Candidate for UN chief calls for AI regulation akin to nuclear weapons
-
US Fed raises rates to battle inflation in move likely to rile Trump
-
'We're losing control,' AI pioneer Yoshua Bengio tells AFP
-
US House faces test on sweeping Russia sanctions bill
-
IR-MED and Dice Technologies Announce collaboration to Evaluate and Advance Pressure-Injury Prevention Platform in Japan
-
British PM says to make 'difficult decisions' as inflation rises
-
Watts, Pitt, Cruz to light up Spain's top film festival
-
Global fuel price demos: a round-up
-
Toogood Gold's Table Mountain Sits in the Shadow of a Nevada Gold Rush
-
Leverate Launches MCP for Traders to Connect AI Assistants With Trading Platforms
-
MEXC July–August Security Report: 38.66M USDT in Risk Funds Intercepted, Futures Insurance Fund Hits 792M USDT
-
MEXC Launches $1M "Discover Your Wall Street DNA" Campaign to Help Traders Find Their Market Fit
-
Emporio Armani names Dario Vitale new creative director
-
Stocks edge higher ahead of US Fed rate call
-
EU to ban social media for under 13s, curb access until 15
-
BASIS.pro Expands On-Chain Infrastructure with XDC Network Partnership and Zypher DAO as Auto Earn Goes Live
-
Wildfires push endangered Sumatran elephants to brink: Indonesian NGO
-
Pickle-flavoured tart? AI inspires Japan's convenience stores
Mideast war weighs on parent of Durex condoms
Reckitt Benckiser, the British supplier of health and hygiene products including Durex condoms, said Wednesday that soaring oil prices caused by the Middle East war could cost it up to £150 million ($203 million).
Reckitt, whose brands also include Dettol surface cleaner and Nurofen painkillers, revealed the fallout in a first-quarter trading update.
"Modelling a scenario of oil at $110 a barrel for the remainder of 2026 indicates a £130 million to £150 million gross impact on our input cost base... which we see as a manageable level," it said.
Petrochemical-linked materials including ammonia, ethanol and silicone oil are used in the making and packaging of condoms, according to Bloomberg News.
The financial newswire added in a report Wednesday that the Malaysian company Karex, which makes 20 percent of the world's condoms, including for Durex, is preparing to raise its prices by up to 30 percent because of the war's impact.
L.Peeters--CPN