and take it in to unilever's ply chain. i think it's it's important we add an economic conversation about aligning the economic incentives, because otherwise charity isn't going to help. incentives make the difference. let me just ask ms. simon to comment briefly on that, and then i'll yield back. >> yeah, i agree. we need to create financial incentives in the system that will not only drive the -- level the playing field for companies that are already out there trying to redesign and rethink the materials they're using reducing, starting with reduction to be able to do that and move into reuse systems and into mono-materials that are easier for recycling formats that are easier to recycle. that incentive will also when they're paying for that through whatever policy mechanism when that's drs or epr, it allows -- it pays for the infrastructure and the technology in the infrastructure to return secondary materials that are high quality, and that becomes the new supply chain for them, right? they can then pull that material a

unilever makes household names.th the announcement, and refuted its claims were in any way misleading. and the car ma maker renault said it will sell its shares in nissan, the first step in a plan to rebalance has been a troublesome partnership with the japanese car maker. the two car—makers are seeking to reach equal 15% shareholdings following a two—decade alliance that had become increasingly strained. those are your top business stories. you are watching bbc you are a live with bbc news. the discussions have been triggered after a draft document made public on monday, caused outrage because it made no mention of phasing out fossil fuels. made no mention of phasing out fossilfuels. the bbc�*s environment correspondent is in dubai where delegates are waiting for that new text. .. . . delegates are waiting for that new text. ., , . . . delegates are waiting for that new text. . . . . ., text. people had a great deal of exoectation _ text. people had a great deal of expectation it _ text. people had a great deal of

to find out more, i've come to unilever�*s ice cream research and development centre, a place where they'veventing frozen food for a long time. the rules of engagement about the cold chain of freezing were developed well over 100 years ago. what we need to do is to reformulate and create the same experience, the same eating experience at the lower temperature of —18. at the warmer temperature of —12. tell me about where we are. so we're in our what we call pilot plan. it's like a mini factory. this is probably the biggest ice cream pilot plant in the world. it works 365 days a year. and it's where we test all our processes, all our formulas, all our new gizmos that shape and assemble, all our products. all of this is really important because when you're changing the temperature of the freezers, you need to make sure that the product will be able to to survive. so we need to ensure we can make it that it can keep the structure that we want. remember i said, we've got more ice at a warmer temperature —12. however, it still needs to be distributed at the much colder temperature through our thr

unilever new zealand as well. unilever recently microsoft and japan.ing these moves because they see the effects it has on productivity. >> but talking about >> but you're talking about businesses , the private sector. businesses, the private sector. i understand that that's a choice for private sector businesses. i get all that. i'm not buying it for the public sector. but jack, good try. thank indeed . jack thank you very much indeed. jack resisted my deal to be paid the same as long as you actually do the same number of hours across four the truth is, four days. anyway, the truth is, the economy is flat. it's going nowhere. in fact, even worse , in nowhere. in fact, even worse, in the last month, it's fallen. we'll be talking about all of that straight after the break. don't go anywhere welcome back to farage. now, big interview tomorrow from 6 am. on the breakfast show . we've got on the breakfast show. we've got the mother of the murdered toddler, james bulger, calling for the parole system to be completely and utterly overhauled because one of ja

to find out more, i've come to unilever�*s ice cream research and development centre, a place where they'vea long time. the rules of engagement about the cold chain of freezing were developed well over 100 years ago. what we need to do is to reformulate and create the same experience, the same eating experience at the lower temperature of —18, at the warmer temperature of —12. tell me about where we are. so we're in our, what we call, pilot plan. it's like a mini factory. this is probably the biggest ice cream pilot plant in the world. it works 365 days a year. and it's where we test all our processes, all our formulas, all our new gizmos that shape and assemble all our products. all of this is really important because, when you're changing the temperature of the freezers, you need to make sure that the products will be able to survive. so, we need to ensure we can make it, that it can keep the structure that we want — remember i said, you know, we've got more ice at a warmer temperature, —12. however, it still needs to be distributed at the much colder temperature through the long part of

unilever new zealand as well. unilever recently microsoft and japan.ing these moves because they see the effects it has on productivity. >> but talking about >> but you're talking about businesses , the private sector. businesses, the private sector. i understand that that's a choice for private sector businesses. i get all that. i'm not buying it for the public sector. but jack, good try. thank indeed . jack thank you very much indeed. jack resisted my deal to be paid the same as long as you actually do the same number of hours across four the truth is, four days. anyway, the truth is, the economy is flat. it's going nowhere. in fact, even worse , in nowhere. in fact, even worse, in the last month, it's fallen. we'll be talking about all of that straight after the break. don't go anywhere welcome back to farage. now, big interview tomorrow from 6 am. on the breakfast show . we've got on the breakfast show. we've got the mother of the murdered toddler, james bulger, calling for the parole system to be completely and utterly overhauled because one of ja

cisco and aptiv and unilever. >>> one look at futures before we go. up 15 points higher right now off the highs of earlier today. we will leave it there "squawk box" is coming up next thank you for watching >>> good morning breaking news. shipping giant maersk is diverting ships around africa to avoid the security threats in the red sea. details are straight ahead. >>> central bank news. the bank of japan intaining the ultra easing monetar policy the yen giving back gains overnight. >>> google agreeing to pay $700 million in the app store settle these settlement it is tuesday, december 19th, 2023 "squawk box" begins right now. >>> good morning welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen andrew is out today. hi, joe. >> hey, becks. >> how are you >> you never call me becks >> i'm fine. becky. yeah they said tv wouldn't be glamorous. you know exactly what i'm talking about. >> yes, i do >> they said it would not be glamorous. low le little did it they know how are yo

. >>> the uk competition regulator is opening a probe into unilever and the friendly practices. the uk's cma is concerned the company may be misleading shoppers about the environmental impact of the products as it dumps soap and exaggerating. the s.e.c. conducted a similar probe and fined a subsidiary after the investigation. >>> and carl icahn lowers his interest in the ohio energy firstenergy. several states agreed to give two board seats back to executives in 2021. dom. >>> thank you for the headlines. it is that time of year when the top strategies put out the forecast for where they see the markets heading in the next 12 months. some bulls are charging ahead to expect stocks to continue rising in 2024. ed yardeni says it is achievable for the s&p to his 5,400 by the end of 2024. he has a target of 6,000 by 2025. tom lee and john stotzfus is predicting 5,200. and we have sayta predicting 5,000. joining us now is john stoltzfus. john, great to you have back with us. not every strategist gets it right every year. we understand that. take us through what exactly drove your thou

. >> reporter: tesla is opening a factory in the monterey area mondelez and mattel and unilever alsoxpanding across mexico the increased supply chain reliability after the disruption of the trade war and pandemic is the big driver. >> people have not forgotten about the trade war or cong congestion they think about taiwan and see the headlines. they understand our future with china is not stable although xi came to san francisco. it did not do much when you have all of your eggs in that basket, it is scary to think you are vulnerable >> reporter: container shipping yards like these are a part of the equation they allow companies to get the goods to the u.s. market faster. once a container is here, it can get to l.a. or chicago or new york within a week by truck or rail to get the same container from asia to the u.s. takes a month. >> dress shirts and western wear >> reporter: he has seen a sharp increase infor his company. >> assuming there is stock in mexico they don't have to plan. a lot of them want to see if the price is competitive >> reporter: labor costs are not factor workers

we will talk about unilever and astrazeneca. cac 40 is up .20%. see in the dax is another all-time high. it keeps going from strength to strength. 16,800 is where we are for the german index. up nine basis points on the day. worth pointing out again that the macro back drop has not been supportive for germany, the dax continues to make all-time highs. in terms of sector leadership, travel is leading the charge up .50%. tech sector putting in a good showing after the u.s. the chip makers did well in the u.s. session. on the flip side, telco is down .20%. one name we are watching is nokia. it hasn't been a good spell as of late for nokia with losing the contract to sat&t and reducing the profit market. and healthcare is down .40% this morning. >>> as for european yields, i mentioned we are getting a rally in guilts. the ten-year gilt is down ten basis points after the uk wage numbers came through. bund is down 4 basis points today. of course, the major week coming up with the central banks with the bank of univof england on t and the sng and norges

tesla, and unilever are just some companies that are moving production or expanding production to mexico 19% tariffs on chinese goods and supply chain reliability are both key factors for the supply chain shift. >> in every sector we are having these discussions around reshuffling the total supply chain and making sure that it is deep risked. it's not only a cost topic, it's removing risk for supply chains with everything we learned over the last few years. >> reporter: another factor making nearshoring attractive is less expensive labor. estimates vary, but according to new data workers on average make $6.50 an hour in china, compared to $4.82 in mexico. however, we spoke with several manufacturers here in the monterrey, mexico area. they say some of that advantage being lessened by the mexican government announcing a 20% increase to the minimum wage for 2024. tyler, back over to you. >> how much today think that would affect their competitiveness? i assume they are very worried about that. >> reporter: you know, certainly worried about it, but right now the bigger issue is the rise on

unilever, environmental claims.ks and marmite, is being inspected by the uk watchdog overits inspected by the uk watchdog over its so—called green status amid concerns the firm is misleading shoppers, the competition and markets authority said the £140 billion company may be overstating how environmentally friendly some of its cleaning products are . its cleaning products are. weather news and the week of washouts is set to continue. more flood warnings are in place across parts of the country somerset, the dorset coast and parts of yorkshire expected to be worst affected by the downpours . there are also yellow downpours. there are also yellow weather warnings in place for south—east scotland and the northeast of england, with forecasts for hail, thunder and more heavy rain . here with gb more heavy rain. here with gb news across the uk on tv in your car , on digital radio and on car, on digital radio and on your smart speaker by saying play your smart speaker by saying play gb news this is britain's news channel .

unilever, environmental claims.inks and marmite, is being inspected by the uk watchdog overits inspected by the uk watchdog over its so—called green status amid concerns the firm is misleading shoppers, the competition and markets authority said the £140 billion company may be overstating how environmentally friendly some of its cleaning products are . its cleaning products are. weather news and the week of washouts is set to continue. more flood warnings are in place across parts of the country somerset, the dorset coast and parts of yorkshire expected to be worst affected by the downpours . there are also yellow downpours. there are also yellow weather warnings in place for south—east scotland and the northeast of england, with forecasts for hail, thunder and more heavy rain . here with gb more heavy rain. here with gb news across the uk on tv in your car , on digital radio and on car, on digital radio and on your smart speaker by saying play your smart speaker by saying play gb news this is britain's news channel

tesla, mondelez, hewlett-packard, a number of other companies, unilever, honeywell, mattel, the list or expanding production in mexico this year. so according to the founder of zip box, a sourcing platform designed to give u.s. companies access to the mexican suppliers, tariffs and supply chain are key factors. >> people haven't forgotten about the trade war, the poor congestion and think about taiwan and see headlines and understand our future with china isn't stable. even though xi came to san francisco, that didn't do much. people understand that it's shaky ground. when you have all your next that basket it's scary to think you're vulnerable if anything changes. if you were importing from china when the trade war happened, you don't get a warning. you get a headline and that's it. >> less expensive labor making near shoring according to new data from alex partners, workers on average make $6.50 an hour in china compared to $44 an hour in mexico. we spoke to several manufacturers and say that advantage is being lessened by the mexican government announcing 20% increase to minimum w

. >> like, procter & gamble and unilever and kraft and coca-cola and mcdonald's and starbucks, i meannvest billions of billions of dollars in their brands. >> jacoby: mm-hmm. >> they spend countless amounts of money to try to connect with consumers. but all we want to do is make sure they understand that their brands are being, you know, flighted up on these sites next toi don't know, swastikas. >> jacoby: mm-hmm. >> or next to white supremacist content, or next to other hateful content. and then, look, if mcdonald's thinks or coca-cola thinks that they want their ads up against, you know, horrible racist content, they can, they can do that. >> the day elon officially took over, the use of the n word on twitter shot up 500%. >> and so there's this question of whether or not trolls or, or different people are testing the limits of what is appropriate on twitter. >> and i think it tells you all you need to know about how musk's messaging and his signaling has been received. >> jacoby: as hate speech continued to surge, musk called in yoel roth, who was now leading twitter's trust and sa

to find out more, i've come to unilever�*s ice cream research and development centre, a place where they'vef the freezers, you need to make sure that the products will be able to survive. so, we need to ensure we can make it, that it can keep the structure that we want — remember i said, you know, we've got more ice at a warmer temperature, —i2. however, it still needs to be distributed at the much colder temperature through the long part of our cold chain. and then, we'll be making products here to do different tests on them, sensory tests, physical tests, a whole array of things, just to make sure that we're doing our r&d and our science properly so that when we make that final experience for our ice cream lovers, that the product is the same as it was at the colder temperature. one of the main areas the team here are looking at is the ingredients themselves, and how they'll cope in the new temperatures. typically, you need to make some changes, particularly around, say, the sugars, because they control how much ice there is in the final product, which in turn dictates the firmness or the

you have been working with 23 and me, ulta beauty, unilever, thinking about how you can activate kindnessff my radio tv because they will get in some soft stuff like kindness what is your retort about? >> it is measurable and a wise smart is in his tactic. we have seen again through the signs and data that was companies are investing into kindness internally/externally how they communicate to consumers it is good for the bottom line. that is the bottom line message. caroline: let's talk about your bottom line. ultimately you are in the business of sensitive skin therefore sensitivity. i can see that, across from a marketing perspective but why commit your money to this research and wife enacted and use yourself as a guinea pig too. >> we are a skin/help company founded 15 years ago after an act of kindness, so we were helping another neighbor in our community, so kindness has always been important in the dna of our company and we knew that we had seen outsized results in the industry in terms of the score value, decreased customer acquisition cost, and aside from having good products, we