Home /

State Funds Drop Unilever After Ben & Jerry’s Israel Clash

September 17, 2021, 9:00 pm
State Funds Drop Unilever After Ben & Jerry’s Israel Clash
Two months after Ben & Jerry’s said it would stop retailing its products in Jewish settlements located in the Israeli-occupied West Bank, several state funds are selling or threatening to sell their investments in Unilever PLC, the ice cream brand’s parent company. The New Jersey Division of Investment, which manages several state pension funds, said this week it planned to sell $182 million of stocks, bonds and other securities linked to Unilever, accusing the company of breaking state laws that prohibit the boycott of Israel. It didn’t give a time frame for the sale, and Unilever can appeal the decision.
Recommended news
Number of telephone spam in the US for the last 5 years has increased by 200%!
Everyone needs to be very careful and use the free phone number search
September 30, 2021, 12:00 pm
End of Covid-19 Jobs Program to Test U.K. Recovery
September 30, 2021, 9:22 am
Rohingya Civil-Rights Leader Mohib Ullah Killed in Bangladesh
September 30, 2021, 9:00 am
China’s Manufacturing Weakens, as Power Cuts Threaten More Damage
September 30, 2021, 3:00 am
North Korea Sees U.S. as Ongoing Threat, Kim Jong Un Says in Speech
September 30, 2021, 3:00 am
Prison Riot in Ecuador Leaves More Than 100 Dead, With Some Beheaded in Melee
© 2022 NEWS TIME LIFE