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Nestlé

Don’t count on the ‘Lipstick Index’ for the next recession

by Lionel Rogers
Don’t count on the ‘Lipstick Index’ for the next recession

By Bloomberg Published Aug 9, 2024 When the economy takes a turn for the worse, consumers choose affordable treats such as cosmetics. That’s been the wisdom since the 2001 recession, when …

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Novo Nordisk to build North Carolina plant to add 1,000 jobs

by Akin Smith
Novo Nordisk to build North Carolina plant to add 1,000 jobs

CLAYTON, N.C. (AP) — Novo Nordisk, the maker of Ozempic and Wegovy, announced on Monday that it plans to add 1,000 jobs when another company manufacturing plant is built in …

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Neighbors sue Denver Nestle-Purina Petcare plant over ‘noxious’ smell

by Ron Morgan
Neighbors sue Denver Nestle-Purina Petcare plant over ‘noxious’ smell

Neighbors of the Nestle-Purina Petcare dog food factory in Denver have filed a class action lawsuit against the company over the “noxious odor” the facility emits that causes their eyes …

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US law firm Mayer Brown to split its Hong Kong operations, joining peers in downsizing in China

by Anas Siddiqui
US law firm Mayer Brown to split its Hong Kong operations, joining peers in downsizing in China

US law firm Mayer Brown said on Thursday that it plans to separate from its current Hong Kong operations, as many international law firms rethink or reduce their presence in …

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Nestlé denies selling ‘addictive’ baby food to South Africa

by Anas Siddiqui
Nestlé denies selling ‘addictive’ baby food to South Africa

Nestlé denied on Thursday that it was applying any “double standard” after an NGO accused the Swiss food giant of selling baby food with high levels of added sugar in …

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NAFDAC speaks on NESTLE products in Nigeria

by Akin Smith
NAFDAC speaks on NESTLE products in Nigeria

The National Agency for Food and Drug Administration and Control (NAFDAC) has said the infant formulas by Nestle, a multinational food and beverage company in Nigeria, are safe for consumption. …

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Why Nestlé needs to be held to account in Africa

by Akin Smith
Why Nestlé needs to be held to account in Africa

Nestlé has been criticised for adding sugar and honey to infant milk and cereal products sold in many poorer countries. The Swiss food giant controls 20% of the baby-food market, …

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Against global standard, Nestle adds sugar to infant products in Nigeria, other countries

by Akin Smith
Against global standard, Nestle adds sugar to infant products in Nigeria, other countries

A recent report has revealed that Nestle, a multinational food and beverage company, has been sending sub-standard infant food products to Nigeria and other low- and middle-income countries. This investigation …

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India-EFTA trade pact: India-EFTA trade deal: Swiss watches, chocolates to enter Indian market at lower prices

by Ron Morgan
India-EFTA trade pact: India-EFTA trade deal: Swiss watches, chocolates to enter Indian market at lower prices

New Delhi: Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its …

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Opinion | Why stock market stars are at odds with real world’s investment needs

by Anas Siddiqui
Opinion | Why stock market stars are at odds with real world’s investment needs

We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and …

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