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Marmite, a quintessentially British product, is a Unilever brand. Photo: Ben Stansall / AFP via Getty Images

Consumer products behemoth Unilever, the United Kingdom's third biggest company by market value, has chosen the Netherlands over the U.K. as its sole headquarters, per the NYT. The company has long had a relatively unique setup with dual headquarters in both countries, though its complex corporate structure hindered its financial agility — illustrated by the withdrawn $143 billion takeover offer from Kraft Heinz last year.

Why it matters: While the move won't result in the loss of any U.K. jobs, it is sure to signal to some observers a lack of confidence in Britain given the uncertainty surrounding the scope of Brexit. Though, according to the FT, Prime Minister Theresa May is comfortable with Unilever's decision: "Mrs. May is adamant that the Unilever move has nothing to do with Brexit and felt vindicated by comments from Paul Polman, chief executive, that it was not a factor in the decision."

Go deeper

9 hours ago - Health

Food banks feel the strain without holiday volunteers

People wait in line at Food Bank Community Kitchen on Nov. 25 in New York City. Photo: Michael Loccisano/Getty Images for Food Bank For New York City

America's food banks are sounding the alarm during this unprecedented holiday season.

The big picture: Soup kitchens and charities, usually brimming with holiday volunteers, are getting far less help.

11 hours ago - Health

AstraZeneca CEO: "We need to do an additional study" on COVID vaccine

Photo: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

AstraZeneca CEO Pascal Soriot said on Thursday the company is likely to start a new global trial to measure how effective its coronavirus vaccine is, Bloomberg reports.

Why it matters: Following Phase 3 trials, Oxford and AstraZeneca said their vaccine was 90% effective in people who got a half dose followed by a full dose, and 62% effective in people who got two full doses.

Updated 13 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus cases rose 10% in the week before Thanksgiving.
  2. Politics: Supreme Court backs religious groups on New York coronavirus restrictions.
  3. World: Expert says COVID vaccine likely won't be available in Africa until Q2 of 2021 — Europeans extend lockdowns.
  4. Economy: The winners and losers of the COVID holiday season.
  5. Education: National standardized tests delayed until 2022.