[ad_1] “We do have local competition in coffee and noodles, and only where there is acute price competition, we have seen some loss of volume,” Suresh Narayanan, chairman and managing…
Tag: Nestle
Nestle, Volvo Among 130 Companies Urging COP28 Agreement To Ditch Fossil Fuels – Slashdot
[ad_1] Companies including Nestle, Unilever, Mahindra Group and Volvo Cars are urging political leaders to agree a timeline at the upcoming U.N. climate summit to phase out fossil fuels. From…
Nestle easing off price increases
[ad_1] VEVEY, SWITZERLAND — Executives of Nestle SA selectively will pull back the throttle on raising prices. In the third quarter pricing was 6.3%, said Francois-Xavier Roger, chief financial officer.…
Capitalisation dips by N140b amid losses in Stanbic IBTC, Nestle, others
[ad_1] Nigerian Exchange Limited (NGX) Negative sentiments resurfaced on the equities sector of the Nigerian Exchange Limited (NGX) yesterday as market capitalisation depreciated by N140 billion amid losses in Stanbic…
China’s birth rate crisis is so intense that Nestlé is closing a baby formula plant due to dwindling demand
[ad_1] The fallout from China’s sinking birth rate is rippling from public sector concern into a private market headache. Despite desperate efforts to boost record-low fertility rates in one of…
Nestle products may complement GLP-1 weight-loss drugs
[ad_1] VEVEY, SWITZERLAND — The increasing use of GLP-1 agonists drugs for type 2 diabetes and weight loss could present opportunities for Nestle SA. “I believe we have important contributions…
Nestlé shuts down baby formula factory over falling Chinese birth rate
[ad_1] As the number of births in China has halved since 2018, Nestlé says it will close its Ireland-based factory that produces formula exclusively for Asian exports. ADVERTISEMENT The 542…
Falling China birth rate prompts Nestlé to line up Ireland factory closure
[ad_1] Nestle NAN OPTIPRO growing-up milk are on display during the Children and Women Industry Expo, Beijing, 15 July 2017 Nestlé has set out plans to close an infant formula…