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Analysts at Citi said in a note Wednesday that Cocoa markets are up 150% year-on-year and 60% year-to-date to a record price range of around $6,500/t. The rise has weighed on stocks such as Hershey...
Investing.com - RBC Capital Markets upgraded its investment stance on Nestle (SIX:NESN), saying the Swiss food conglomerate has not suddenly become a bad company despite its poorly received full-year...
By Richa Naidu and Dominique Vidalon LONDON/PARIS (Reuters) -Two of the world's top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two...
By Richa Naidu LONDON (Reuters) - Nestle reported full-year organic sales growth slightly below expectations on Thursday as the world's biggest packaged food company continued to hike prices,...
ZURICH (Reuters) - Nestle sees no threat to its huge coffee business from the rising popularity of weight-loss drugs like Eli Lilly (NYSE:LLY)'s Zepbound and Novo Nordisk (NYSE:NVO)'s Wegovy, Chief...
SAO PAULO (Reuters) - Nestle said on Wednesday it will invest about 6 billion reais ($1.23 billion) in Brazil by the end of 2025 as it aims to grow its business and expand manufacturing capacity in...
PARIS (Reuters) - Nestle France, the French arm of Swiss packaged-food giant Nestle, has entered exclusive talks to sell its plant in Caudry, northern France, to Italian group Italpizza. The deal...
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