Nestle - CDE News - The Dispatch

First KitKat using cocoa from the Nestlé Income Accelerator launches in Europe

Nestlé has introduced the first KitKat made with cocoa mass from beans grown by farmer families engaged in the company's income accelerator. This KitKat aims to connect consumers with the farmers…

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Quality Street tops the list for Brit’s festive favourite

Quality Street has triumphed as the number one brand that Brits can’t imagine Christmas without, according to a recent survey by One Poll. The research unveiled Quality Street’s popularity, with…

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Nestle plans price hikes after inflation eats into profits

Price rises needed to further offset raw materials inflation Company expect organic growth of 6-8% in 2023 CEO says supply chain pressures easing By John Revill ZURICH, Feb 16 (Reuters)…

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Nestle to hike food prices further in 2023, CEO says

Feb 4 (Reuters) - Nestle NESN.S will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consumers, Chief…

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Nestle to launch new Ukraine facility in rare war-time investment

Nestle will invest 40 million Swiss francs ($42.88 million) to launch a new production facility in western Ukraine, the company said on Monday. Nestle is one of very few international…

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French prosecutors probe death linked to E. coli at Nestle Buitoni pizza plant

French prosecutors have launched a preliminary criminal investigation after E. coli infections linked to a pizza factory for Nestle's Buitoni brand could have led to the death of one person.…

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Amid pressure, Nestle suspends brands in Russia, including KitKat, Nesquik

LONDON, March 23 (Reuters) - Nestle said on Wednesday it will halt several non-essential brands including KitKat chocolate and Nesquik in Russia, in an unprecedented move amid pressure on the world's top…

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UPDATED: Rio first big miner to cut Russia ties; Sony, Nintendo halt console sales

March 10 (Reuters) - Rio Tinto became the first major mining company to cut ties with Russian businesses and Japan's Sony and Nintendo suspended deliveries of their gaming consoles, joining a global…

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Nestle to pay cocoa growers to keep children in school

ZURICH/LONDON (Reuters) - Nestle will start paying cocoa farmers cash if they send their children to school rather than out to tend crops as part of a push to purchase…

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Nestle revamps geographic structure, makes new board appointments

Nestle is overhauling its geographic structure, the world's largest food company said on Wednesday, creating new zones for North America and for Greater China. The maker of Nescafe instant coffee…

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Nestle under fire over unhealthy products

Nestle said on Monday it was working on updating its nutrition and health strategy after the Financial Times reported an internal document at the food giant described a large portion…

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Probe into toxic metals in baby food starts in NY

NEW YORK, April 29 (Reuters) - New York's attorney general said on Thursday she has opened a probe into whether baby food contains arsenic and other toxic metals, and asked…

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Amazon and Nestle join public-private plan to save world’s forests

The United States, Norway and Britain joined forces with companies including Amazon and Nestle to launch a project aimed at protecting the world’s tropical forests. Announcing the Lowering Emissions by…

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Coffee and dairy help Nestle beat expectations

Nestle on Thursday posted its strongest quarterly sales growth in 10 years, citing stronger demand for coffee, dairy and petcare products. The world's biggest food group has weathered the COVID-19…

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Nestle outshines peers thanks to pet food, health products

Nestle is aiming to boost organic sales growth towards 4% this year, the food giant said on Thursday, after strong demand for pet food and health products in the Americas…

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Nestle wins European Commission approval for peanut allergy drug Palforzia

Nestle won European Commission approval for its peanut allergy drug Palforzia that it bought with its acquisition of Aimmune Therapeutics earlier this year, the Swiss food and nutrition company said…

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Nestle to invest 3.2 bln Sfr to cut carbon emissions

Nestle said on Thursday it plans to invest 3.2 billion Swiss francs ($3.58 billion) over the next five years, giving details on how it wants to reach its goal of…

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Nestle using insect protein in Purina pet food

Nestle's Purina brand is launching a line of pet food using insects, as the world's biggest food group tests more environmentally sustainable protein sources. The move addresses a trend of…

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Nestle shrugs off COVID-19 impact thanks to pet food and health nutrition

Nestle raised its guidance for 2020 organic sales growth to around 3% after beating third-quarter expectations on Wednesday with 4.9% growth driven by strong demand for pet food, coffee and…

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Nestle CEO says pandemic has made management more hands-on

Food company Nestle SA said the COVID-19 pandemic has forced its senior management to become more immersed in daily operations as executives need to deal with safety and business continuity…

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Nestlé announces industry’s first baby food packaging designed for the future of recycling

Nestlé announced the launch of a first-of-its-kind, single-material pouch for its baby food products designed for the future of recycling. In the U.S., the new pouch will be available exclusively…

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Nestlé to launch plant-based sausages in Europe and US

Good news for barbecue fans who want to put some vegan treats on the grill this year: Nestlé is launching plant-based sausages in Europe and the United States that look,…

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KitKat launches gold edition

After Ruby and Green Tea Matcha, Nestlé has unveiled the latest edition of its most iconic confectionery brand: the new KitKat Gold. KitKat Gold offers a combination of crispy wafer…

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Nestlé Japan launches KitKat with cocoa fruit chocolate

Nestlé has just launched the KitKat Chocolatory Cacao Fruit Chocolate, the first product to use a unique chocolate made entirely from the cocoa fruit. The iconic crispy KitKat wafer is…

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Nestlé, Pepsi and Coca Cola remain among top plastic polluters in the world

Nestlé, Pepsi and Coca Cola are the top 3 most identified companies in global brand audits for the second year in a row, according to a new report “BRANDED Volume…

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Midday Dispatch – Financial and Corporate News

Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro “reinvention” which Germany’s largest lender said would mean…

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Nestle pays €7.15 billion to sell Starbucks

Nestle and Starbucks announced that the former will pay Starbucks $7.15 billion (5.3 billion pounds) in cash for the rights to sell the U.S. coffee chain’s products around the world,…

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