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The latest business and finance news from around the world from the BBC


Kraft Heinz Drops Unilever Bid

February 20th, 2017

Episode 958 of 1091 episodes

Kraft Heinz withdraws its $143bn bid to buy rival Unilever. Both companies say the decision was reached "amicably". Martin Deboo, from Jefferies tells us what went wrong for the US food giant. Private rocket firm SpaceX successfully launches a rocket carrying a cargo ship for the International Space Station. Its the firm's second launch since one of its vehicles exploded on the launch pad last September. Rachel Villain, from Euroconsult's Space practice in Paris, tells us the pressure is on SpaceX to deal with a large backlog of launches. Greece will be on the menu when eurozone finance ministers meet in Brussels later today - independent economist Michael Hughes tells us what to expect. And Star Wars fans take note - we'll bring you the latest unveilings from the New York Toy Fair. (Picture: Kraft and Heinz products. Credit: Scott Olson, Getty Images)

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