Unilever $ULVR.L is reportedly threatening to halt financial support for the Ben & Jerry’s Foundation, a nonprofit organization based in the U.S. that donates to causes advocating for social justice. Sources familiar with the situation indicate that Unilever is demanding the foundation undergo an expedited review of its charitable contributions in order to continue receiving its annual funding, which amounts to approximately $5 million, calculated based on the sales of Ben & Jerry’s ice cream.
On the Istanbul stock market, notable events unfolded regarding the decline of Kizilbuk, a Turkish real estate developer. On Monday, amid reports of a potential demolition of its luxury real estate project in the resort town of Marmaris, Kizilbuk's shares plummeted by 8.2%. This marked the most significant drop since January 10, as discussions about legal issues surrounding the project escalated.
Clearview AI $CVW.AX has announced significant changes in its leadership structure. The company has appointed Hal Lambert and Richard Schwartz as co-CEOs, replacing Hoan Ton-Tat, who will remain on the board of directors. This development marks an important milestone amid notable achievements and ongoing legal challenges. Forbes first reported on these changes, highlighting the event's relevance for industry experts and law enforcement stakeholders.
