FT News Briefing
Unilever’s CEO gets the boot
Feb 26, 2025
Kyiv has struck a minerals deal with Washington, a significant move in resource development amid its ongoing challenges. Unilever faces a shake-up as its CEO is ousted, surprising analysts and investors alike. This leadership change raises questions about corporate strategy and performance. Additionally, Silicon Valley is shifting toward conservative values, affecting job security and employee morale, as tech leaders reconsider their roles in activism and political participation.
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Quick takeaways
- Unilever's sudden CEO change highlights the company's ongoing struggle for growth and investor confidence amid restructuring efforts.
- Silicon Valley's shift toward conservative values reflects a broader cultural transformation that may impact its future political orientation.
Deep dives
Minerals Deal Between the U.S. and Ukraine
Ukraine has reached an agreement with the U.S. regarding the development of mineral resources, including oil and gas. The deal entails establishing a fund that will utilize profits from these resources to invest in various Ukrainian projects. However, the agreement lacks a U.S. security guarantee, which Kyiv officials hope will come in the future to strengthen ties with Washington. The upcoming meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky is seen as a crucial moment to finalize details of this deal.
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