Agon: Any L’Oreal Price Change Will be Done 'Wisely'

L’Oreal SA, the world’s largest cosmetics maker, will be cautious in raising prices in the U.K. to make up for the slump in the pound, Chief Executive Officer Jean-Paul Agon said in the wake of a pricing dispute between Unilever and Tesco Plc. “We will be very cautious to respect both consumers and our relationships with retailers,” Agon told Francine Lacqua at the technology conference 'Hello Tomorrow' taking place in Paris, adding it’s not the fault of customer that some production costs are rising.

Economist Hooper Sees Fed Holding to 2018 Expectations
47:21 - Peter Hooper, chief economist at Deutsche Bank AG, and Peter Schaffrik, global macro strategist at RBC Europe, preview this week's Federal Reserve interest rate decision and how the Fed's dot plot may change. They speak with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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