John Thys/AFP/Getty Images
Now playing
02:25
Unilever wants to halve its use of new plastic by 2025
Pool
Now playing
02:11
Biden issues warning to gas station owners on price gouging
Now playing
01:40
Gas lines are getting longer. But experts are urging people not to hoard fuel
A Now Hiring banner sign is viewed outside a Chipotle restaurant during a new coronavirus pandemic, Tuesday, March 2, 2021, in Orlando, Fla. (Phelan M. Ebenhack via AP)
Phelan M. Ebenhack/AP
A Now Hiring banner sign is viewed outside a Chipotle restaurant during a new coronavirus pandemic, Tuesday, March 2, 2021, in Orlando, Fla. (Phelan M. Ebenhack via AP)
Now playing
02:39
Chipotle raises its average pay wage to $15 per hour
Now playing
02:47
IBM CEO: Cybersecurity needs to be a collective effort led by government
Now playing
03:10
Cybersecurity expert on why ransomware attacks are becoming more common
Boston-based REGENT's "seaglider" is a mix between a boat and an aircraft with a top speed of 180 mph.
REGENT
Boston-based REGENT's "seaglider" is a mix between a boat and an aircraft with a top speed of 180 mph.
Now playing
01:00
It's a boat? It's a plane? No, it's a 'seaglider.' And it goes fast...really fast
Newsmax
Now playing
02:36
Watch: Former Obama speechwriter trolls Newsmax anchor live on TV
CNN
Now playing
01:38
Lawmakers push airlines to drop flight credit restrictions
CNN/@walidbarahmeh
Now playing
03:04
China's out-of-control rocket lands on Earth
NBC
Now playing
01:48
Watch: Elon Musk's 'SNL' monologue
CNN
Now playing
04:35
Biden on disappointing jobs report: More help is on the way
Now playing
03:05
Restaurants, once laying off workers, now can't find enough to hire
SpaceX
Now playing
01:10
Watch SpaceX land its Mars rocket prototype for the first time
Now playing
02:52
Businesses set vaccine mandate for workers
CNN
Now playing
05:16
WTF is a SPAC?
(CNN Business) —  

A sales warning from one of the world’s biggest consumer goods companies is undermining hopes for a significantly stronger global economy in 2020.

Unilever, which owns brands including Dove and Ben & Jerry’s, said Tuesday that it won’t meet its sales growth target for 2019, and warned that weakness will continue into next year. The company’s products are sold in 190 countries.

Unilever (UL) blamed the weaker forecasts on an economic slowdown in South Asia, one of its largest markets, and difficult business conditions in West Africa and North America. Unilever (UL) shares lost more than 6% in London.