Pampers in Trouble P&G Bets on China-Made Luxury Diapers as Rivals Gain Ground

Pampers in Trouble? P&G Bets on China-Made Luxury Diapers as Rivals Gain Ground

Procter & Gamble is quietly bringing a new luxury diaper brand from China to U.S. store shelves as its flagship Pampers and budget Luvs brands lose traction in a crowded and increasingly competitive diaper market. The Cincinnati-based company, best known for household staples like Tide detergent and Dawn dish soap, is selling its aloe-infused “bumbum”…

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Anil Ambani Faces Fraud Probe, But Reliance Power and Infra Say They’re Unaffected

Anil Ambani Faces Fraud Probe, But Reliance Power and Infra Say They’re Unaffected

Reliance Power and Reliance Infrastructure said Sunday that a criminal investigation into billionaire Anil Ambani and his former telecom firm Reliance Communications will not affect their businesses. India’s Central Bureau of Investigation (CBI) searched Ambani’s Mumbai home and the offices of the now-bankrupt Reliance Communications on Saturday. The raids followed a complaint from State Bank…

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