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Nestle News

Corporations focus on water profits, World Bank supports them

Nestle and other companies are making significant profits by gathering water from small towns and rural areas. Waves of public outcry have begun but privatization of water is the direction the world is going in.

Nestle apologizes for 'penis' on candy bar

The food giant Nestle has issued an apology after a lawyer discovered what resembled a penis imprinted on one of the company's products.

Op-Ed: Water privatization — Corporates vs public interest, again

Sydney - Many environmentalists have been highly skeptical of the chronic mismanagement of water resources worldwide in the last couple of decades. Some also suggest that global food giant Nestlé is behind moves to privatize water supplies.

Nestle reports sales slump, blames strong Swiss franc

Z - The world's leading food industry group Nestle saw its sales plunge 5.1 percent in the first quarter, it said on Tuesday, blaming the effect of exchange rates and strength of the Swiss franc.

Nestle says chairman sick but will continue duties

Geneva - Swiss food giant Nestle said on Friday that its chairman Peter Brabeck-Letmathe has been diagnosed with an illness requiring six months of medical care, but that he would continue his duties.

Immigration vote has cast shadow over Swiss economy: Nestle

Lausanne - Swiss-based food giant Nestle warned on Thursday that a vote to rein in immigration by EU citizens had cast a shadow over the Alpine country's economy.

Nestle hints at more deals after deeper healthcare dive

Swiss food giant Nestle's deeper dive into healthcare by taking over the dermatology joint venture it had with L'Oreal suggests further deals in the space are likely.

Nestle net profit drops unexpectedly

Vevey - The world's leading food industry group Nestle said Thursday its net profit shrank 2 percent in 2013, blaming a soft economic environment, and cautioned that 2014 will also be difficult."Last year was challenging and 2014 will likely be the same," Nest...

Nestle says will detail share buyback when L'Oreal deal closes

Nestle <NESN.VX> will disclose details of a planned share buyback when the sale of an 8 percent share in L'Oreal <OREP.PA> closes, its chief financial officer told investors on Thursday.

Nestle drops control option over cosmetics beauty L'Oreal

Paris - Swiss food giant Nestle is to sell a chunk of its shares in French cosmetics giant L'Oreal, the firms said on Tuesday, in a signal that Nestle has dropped the option of a takeover.L'Oreal is to buyback a stake of 8.0 percent from Nestle which currently...

Nestle cuts stake in L'Oreal, but staying for 'long haul'

Swiss food group Nestle <NESN.VX> is selling an 8 percent stake in L'Oreal <OREP.PA> to the French cosmetics firm for 6.5 billion euros ($9 billion), loosening their 40-ye...

Nestle, Cadbury at war over Kit-Kat shape

London - In the latest chapter of an ongoing war between two chocolate makers, Cadbury is attempting to block Nestlé from trademarking the shape of KitKat bars.

Nestle recalls Kit Kat Chunky Bars after claims of plastic found

Vevey - Nestlé has voluntarily recalled Kit Kat Chunky chocolate bars and Giant Eggs sold in the UK, Germany, Switzerland, Malta, Austria, Singapore, Philippines, and Canada.

Horsemeat scandal widens as Ikea's meatballs test positive

While initially found in Ikea's meatballs in the Czech Republic, IKEA withdrew sales of meatballs in 14 European countries after tests found traces of horsemeat in a batch made in Sweden. Then there was the pasta and more "beef" burgers.

Litter of rats found in baby food package, company investigates

When a Swedish parent opened a package of baby food for her seven-month-old daughter she found herself face to face with a litter of dead rats.

Nestlé recalls NESQUIK® Chocolate Powder for risk of Salmonella

Nestlé USA has issued a recall on a limited amount of its NESQUIK® Chocolate Powder due to a potential risk of Salmonella. The recall was announced on Nov. 8.

Nestlé employs online comment watchers to monitor social media

Nestlé, a consumer goods company based in Switzerland, decided it needed a more serious approach to handle social media and critical online comments by customers about their products: hire online comment watchers.

GPS in a Kit Kat bar

In the U.K., Nestle company is really going all out to find the winners of their newest contest. Chocolate lovers may hide, but they will be found.

Chocolate's open secret on child labour

Nestle, one of the world's major chocolate producers, is still exploiting child labour, according to a report by the Fair Labor Association (FLA).

Chocolate bars shrinking to keep profits up

Optimists may look at it as a measure which will help keep weight down but some UK residents will be upset to see their favourite chocolate bars have been reduced in size.

Halloween candy recalls include Nestle products

Washington - Even if you don't buy much candy all year, chances are you're buying it now to prepare for the Trick-Or-Treaters when they come knocking this weekend, so take a few minutes to read these recent recalls of some of the more popular brands and items.

Ontario cans of baby formula found tampered

The Canadian Food Inspection Agency and Nestlé Canada are alerting the public that some cans of powdered infant formula in Nepean, Ontario have been tampered with.

Nestle agrees with Greenpeace on palm oil, drops key supplier

Palm oil has turned into a lucrative agricultural product for Indonesia, but the controversial crop has meant the destruction of rainforest and the homes of Orangutans.

Greenpeace boycotts Nestle: 'Don't have a Kit Kat break today'

Nestle's Kit Kat chocolate bars are best remembered by the advertising refrain, 'Have a break, have a Kit Kat.' But now an environmental group wants Nestle to take a break from supporting rainforest-killing companies.

Safe food practice changes causes shortage of Nestle cookie dough

Two samples of Nestle Toll House cookie dough has been confirmed to have the presence of E. coli O157:H7. The dough was made at a Danville, Virginia factory.

FDA warns Nestle over misleading labels

Swiss giant food maker Nestle received warning letter from the U.S. authority regarding the misleading claim it puts on two products -- Juicy Juice and Boost Kid Essentials Nutritionally Complete Drink.

Nestle closes Zimbabwe milk plant

The Swiss multinational company Nestle is claiming that harassment is the reason it is closing the dairy plant in Zimbabwe.

Kit Kat to get Fairtrade logo

From January 2010, Kit Kat will be able to use the Fairtrade symbol on their wrappers. The chocolate-covered wafer is produced by Nestle and is the company's most popular bar in Britain.

Nestlé to stop buying milk from Mugabe dairy farm

Nestlé has said that it will stop purchasing milk from the Gushungo Dairy Estate, which is steered by Zimbabwe's first lady Grace Mugabe.

Uproar follows Nestlé's milk deal with the Mugabes

South Africans have reacted in furor after media reported that Nestlé is buying milk from dairy farms that were seized from white farmers between 2002 and 2004 and are now owned by president Robert Mugabe and his wife Grace.
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