Nestle

Nestle's Nescafe Is Brewing $196 Million Investment in Brazil to Tap Into Rising Coffee Demand Among Young Caffeine Lovers

Nestle's Nescafe Is Brewing $196 Million Investment in Brazil to Tap Into Rising Coffee Demand Among Young Caffeine Lovers

Nestle is reportedly planning to invest 1 billion reais ($196.5 million) in Brazil over the next two years to boost production capacity and out-of-home sales of its Nescafe products.

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Nestle Allegedly Adds Sugar, Honey To Baby-Food Products in Poorer Countries—Here's Why Parents Should Worry

Nestle Allegedly Adds Sugar, Honey to Baby-Food Products in Poorer Countries—Here's Why Parents Should Worry

Nestle is accused of adding sugar and honey to baby food products sold in poorer countries. Experts criticize the Swiss food firm for this.

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Nestle and Danone not Threatened by Weight Loss Drugs as They Eye Production of Nutritional Products

Danone's CEO dismisses worries over weight loss drugs and sees potential for healthier food demand, with analysts suggesting Danone and Nestle as favorable investments.

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Starbucks Mugs Recalled by Nestlé Due to Reported Burn, Cut Hazards

Overn 440,000 metallic-coated mugs from Nestlé's 2023 Holiday Starbucks-branded gift sets are subject to a recall.

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Nestle Announces Cut Down On Candies' Sugar Content

Nestle has developed a new method to restructure sugar, allowing for reduced sugar content for its candy products. This new breakthrough will be used starting 2018.

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Aimmune Sets In $145M Nestlé Health Equity Investment

Aiming to continue the expansion of the biotech sphere and looks to boost its food-allergy programs, Nestlé Health Science has financed $145 million into Aimmune ($AIMT).

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Nestlé India's Maggi Noodles Exceed Monosodium Glutamate Level, Lab Test Shows

Nestlé India is again facing controversies with its all-time favorite Maggi noodles. Recent lab tests show that the lead content is within permissible limits unlike monosodium glutamate which exceeds the allowable level.

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Nestle India's Maggi Failed Sample Tests in Uttar Pradesh

A sample test conducted by Uttar Pradesh food safety officials found that Nestle’s Maggi noodles contain more percentage of ash than permitted by the regulations. However, the company has denied the accusation, stating that the claim is based on the wrong standard.

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Nestle to acquire food-maker Osem Investments for $840 million

Nestle has decided to acquire the remaining stake of 36.3% in Osem and take the Israeli food company fully private. An offer of $840 million has been made to buy out the shares, and a shareholder meeting has been scheduled in March which should reveal the final decision arrived at by the company.

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Nestlé's Maggi Noodle Makes A Happy Return To Indian Shelves This Diwali After Successful Testing

Maggi Noodles - the instant Chinese fare created by Nestle and loved the world over especially in India, Singapore and Malaysia and other parts of the globe was beset by a scandalous allegation that their Maggi Noodles in India contained MSG with lead levels going beyond permitted limits.

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Nestlé future forecast slit after missing nine months sales

Nestlé's sales from Asia, Oceania and Africa (AOA) region went down 3% and the company whose brands range from Nescafe and KitKat to Perrier has less sales growth forecast for 2015 to around 4.5%. This is way back below its broader objective of 5 to 6% growth in the succeeding years.

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Nestlé’s Nespresso provides bigger cups of coffee for Americans

Switzerland is adding another factory for Nespresso, Europe's largest single-serve coffee brand. This is to manufacture capsules uniquely designed for the U.S. consumers where sales growth is bigger than its home continent according to Bloomberg.

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India High Court favored Nestle over food regulator noodle ban

Nestle finds relief when the Bombay High Court on Thursday lifts the food safety regulator's order of a nationwide ban on the sale Nestle India's famous 2-minute Maggi Noodles.

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Nestle scales back Africa workforce

Swiss food and drinks company Nestle (NESN.VX) is cutting 15 percent of its workforce in 21 African countries, the company confirmed on Wednesday.

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African cocoa a golden ticket for Tanzania chocolate factory

Jaki Kweka is that rare breed of gourmet chocolatier. She makes fine chocolate in Africa using local African ingredients.

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