ARTICLES RELATING TO NESTLE

Nestlé finds new way to make chocolate sweet without adding sugar

2019-07-17 12:33

Nestlé SA has found a way to create chocolate without adding any sugar, relying on leftover material from cocoa plants for sweetening as consumers look for natural and healthier fare.

Nestlé loses chief for Asia as Unilever CEO job looms large

2018-10-18 23:00

Nestlé SA’s highest-ranking executive in Asia is leaving the Swiss food giant just as the top job at rival Unilever is set to open up.

KitKat loses EU court case to trademark four-finger shape

2018-07-25 13:48

European Union judges have ruled that the four-fingered shape of the KitKat chocolate bar is not distinctive enough to be trademarked.

US allows Nestle to keep taking water from California forest

2018-06-29 12:21

US officials offered Nestle a three-year permit to keep taking millions of litres of water from a national forest in Southern California.

Nestlé pays $7.2bn to sell coffee with Starbucks brand

2018-05-07 11:07

Nestlé and Starbucks are joining forces to rejuvenate their coffee empires.

Nestlé opens door to L'Oreal stake sale as growth slumps

2018-02-15 11:37

Nestlé SA has opened the door to a possible sale of its L’Oreal SA stake in a move that would help CEO Mark Schneider sharpen its portfolio after the weakest sales growth in more than 20 years.

Nestlé plans $10bn revamp as activist Loeb takes aim

2017-09-26 12:50

Nestlé may buy or sell businesses with combined sales of almost $10bn as CEO Mark Schneider embarks on the biggest overhaul in at least a decade.

Nestlé outlook for weakest sales in 20 years gives Loeb ammo

2017-07-27 09:45

Nestlé SA has warned that sales growth this year will be the weakest in at least two decades, giving activist investor Dan Loeb ammunition for his campaign.

Nestlé targeted in activist's biggest-ever bet

2017-06-26 09:32

Dan Loeb has amassed a $3.5bn stake in Nestlé, targeting Europe’s largest company in the biggest bet of his two-decade career as an activist investor.

Nestlé cuts sales forecast as emerging market growth slows

2016-10-20 09:30

Nestlé SA has cut its full-year forecast after nine-month revenue rose at the weakest pace in more than a decade, hurt by slowing growth in emerging markets.

 

Consumer goods companies preparing for climate change impact

2019-02-25 21:05

The companies behind some of the best-known consumer products are beginning to factor climate change into their business equation.

Chocolate makers go east for growth as western appetites dwindle

2018-10-04 11:29

The world’s biggest chocolate maker is looking east for growth amid a waning sweet tooth in the US and western Europe.

Ivory Coast to invest $1.1bn to replenish forest cover

2018-07-03 09:20

The world's top cocoa producer Ivory Coast says it would invest nearly $1.1bn over 10 years to replace forests that were razed to grow the bean.

No whey! Dairy factory in Mossel Bay goes drought-friendly by extracting water from milk

2018-06-07 08:28

A Nestle dairy factory in the Garden Route town of Mossel Bay has figured out a way to reduce its reliance on municipal water by extracting water from cow’s milk.

Nestlé backs new food-tech fund that's swapping London for Paris

2018-03-15 12:15

Nestlé SA and French state-sponsored investor Bpifrance Financement SA are among those backing Five Season Ventures, a food-tech fund that is moving from London to Paris.

Nestlé to cut 400 more jobs in France in savings push

2018-01-26 12:45

Nestlé plans to cut as many as 400 jobs in France as the Swiss maker of Perrier water and Herta lunch meats cuts costs.

Nestlé said to pay $425m to buy Blue Bottle Coffee

2017-09-15 10:08

Nestlé SA has agreed to acquire a majority stake in Blue Bottle Coffee as the Nespresso owner seeks to bolster its US presence amid increasing demand.

Nestlé gives an inch on share buybacks but Loeb wants more

2017-06-28 10:00

Nestlé has made its first concession to activist investor Dan Loeb, announcing a $21bn share buyback plan to boost its stock price.

Nestlé sales beat analysts' estimates

2017-04-20 09:45

Nestlé SA has reported revenue growth ahead of analysts’ estimates and an uptick in pricing, a signal of possible improvement in a sluggish food and beverage market.

Nestlé revenue grows at weakest pace in seven years

2016-08-18 08:45

Nestlé has reported the slowest first-half sales growth since 2009 as the company struggled to raise prices.

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