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Nestle to reduce costs by US$2.8 billion to boost long-term growth
The announcement came during the company's Capital Markets Day.
Nestle, P&G probe palm oil sourcing after damning deforestation report
Green groups have frequently accused palm oil producers of illegally clearing rainforests.
Nestle reshuffles its global leadership team
Laurent Freixe, CEO, Nestle, said that a “leaner” will strengthen the momentum of the company’s global initiatives.
ACCC launches probe into Sanitarium bid for Nestle’s Vita Brits
The regulator is concerned the deal would harm competition and lead to higher prices.
Nestle appoints company veteran Laurent Freixe as new CEO
Freixe is currently executive VP and CEO in Zone Latin America.
Nestle set to sell $5 pizza, sandwiches for Wegovy, Ozempic users
Nestle, whose biggest brands include KitKat chocolate bars and Nescafe coffee, started working on companion products to ...
Rothschild, Cameron Partners seek buyers for Nestle’s Egmont Honey
Egmont Honey is estimated to deliver $54 million in revenue in the fiscal year ending in March next year.
Nestle’s Smithtown factory gets a $32 million overhaul
The Smithtown factory manufactures Milo, Nesquik, Malted milk, and Nescafe mixes.
Break for good: Nestle introduces KitKat from sustainably sourced cocoa
The new chocolate bar aims to connect consumers with farmers and raise awareness about the sustainability of cocoa used.
Nestle’s plant-based alternative to foie gras makes festive return
Voie Gras became a hit during a seasonal launch in Spain and Switzerland last year.
Nestle begins work on ‘companion products’ for weight loss drugs
Nestle on Thursday said it has started work on products to “companion” weight loss drugs like Novo Nordisk...
Nestle Professional unveils Milkybar and Aero-inspired dessert mixes
“Nostalgia is emerging to be one of the biggest food trends this year,” said Eike Travers, executive chef at Nestle Prof...
Nestle plans to hike prices, but Kraft Heinz says it won’t
In the last two years, FMCG producers increased prices to compensate for surging costs for nearly all raw materials afte...
Nestle Professional, 7-Eleven create recyclable Hot Chockee cups
All elements of the new cup – including the label and foil seal – are now accepted through mixed kerbside recycling.
Fonterra, Nestle to develop New Zealand’s first net-zero dairy farm
Fonterra CEO Miles Hurrell says the partnership will help both companies accelerate progress towards their greenhouse ga...
Starbucks launches iced coffees through grocery channels
The ready-to-drink range features two flavours: milk coffee latte and mocha.
Nespresso introduces home compostable coffee capsules
Developed as an alternative for those who prefer and have access to compost, the innovation is said to widen the eco-fri...
COP27: Nestle + Greening Australia to plant 10 million trees by 2025
Establishing the 10 million trees, a biodiverse mix of native species will sequester an estimated 2.1 million tonnes of ...