Nestle said on Tuesday it has agreed to divest its mainstream vitamins, minerals and supplements business to U.S.-based Yellow Wood Partners for $1 billion.
Indian authorities have raided an illegal operation in Mumbai that faked expiry dates and nutritional information on popular food export products manufactured by PepsiCo , Nestle , Coca-Cola and Unilever , seizing goods worth nearly $80,000.
Raw coffee costs have eased from last year's highs, but remain historically elevated.
Nestle wants India to consult with companies when drafting rules for front-of-pack health labelling on food and drinks to ensure it is done "scientifically," its chief executive said, amid a public debate on the lack of such measures in the country.
Russian company asks Putin to place Nestle assets under temporary administration, Kommersant reports
A little-known Russian company has asked President Vladimir Putin to place the Russian assets of Swiss food group Nestle under temporary administration, the Kommersant newspaper reported on Monday, citing a source familiar with the matter.
Nestle is seeking to turn the rise of GLP-1 weight-loss drugs from a threat into a business opportunity, using artificial intelligence and nutritional science to develop products aimed at millions of consumers taking medicines such as Ozempic and Wegovy.
As shoppers increasingly scrutinise ingredient labels to avoid products perceived as heavily processed, Nestle , maker of Nescafe coffee and KitKat chocolate, has been lobbying U.S. authorities to allow simpler descriptions using common rather than scientific names on packaging.
