Nestle in talks to sell remaining in-house ice cream business
- 20-Feb-2026
Nestle in talks to sell remaining in-house ice cream business
Nestle India profit jumps 46% aided by higher demand for Maggi and KitKat
- 30-Jan-2026
Nestle India posted a 46% increase in quarterly profit on Friday, aided by higher demand for packaged food items, including Maggi noodles and KitKat chocolates, after consumption tax cuts lifted spending. The Indian unit of Swiss food major Nestle said net profit rose to 10.18 billion rupees ($110.77 million) for the third quarter ended December […]
Nestle recalls batches of SMA, BEBA and NAN products over toxin risk
- 06-Jan-2026
Nestle recalled batches of SMA, BEBA and NAN products in Austria, Denmark, Finland, France, Germany, Ireland, Italy, Norway, Switzerland, UK
Global firms slash jobs amid weak sentiment, AI push
- 29-Oct-2025
Companies around the globe have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while consumer sentiment dims and AI-focused tech companies start to replace jobs with automation. According to a Reuters tally, American companies have announced more than 25,000 job cuts this month, not including UPS’s 48,000 figure, […]
Nestle to cut 16,000 jobs
- 17-Oct-2025
Nestle will cut 16,000 jobs, new CEO Philipp Navratil said on Thursday, as the world's largest packaged food company seeks to cut costs
Nestle quits global alliance on reducing dairy methane emissions
- 08-Oct-2025
Nestle quits Dairy Methane Action Alliance launched in December 2023, with members, which include Danone, Kraft Heinz and Starbucks
Nestle chairman to step down early after CEO ouster
- 16-Sep-2025
Reuters: Nestle said on Tuesday its chairman Paul Bulcke would hand over to former Inditex CEO Pablo Isla on October 1, accelerating a changing of the guard at the Swiss food giant after an unprecedented period of managerial turmoil. The decision comes just two weeks after Laurent Freixe was abruptly fired as CEO over an undisclosed relationship, […]
Nestle’s new CEO faces full plate of problems
- 02-Sep-2025
The abrupt dismissal of Nestle CEO Laurent Freixe has catapulted Philipp Navratil into the top job overnight, tasking him with reversing a prolonged share price decline and reigniting sluggish sales at the world’s largest consumer goods company. Nestle, the maker of products from KitKat chocolate to Nesquik, fired Freixe on Monday for failing to disclose […]
Nestle dismisses CEO Freixe after romantic relationship with staffer
- 02-Sep-2025
Nestle has abruptly dismissed its CEO Laurent Freixe for failing to disclose a romantic relationship with a subordinate, the Swiss food giant said on Monday, a dramatic removal a year after he took the reins. The maker of products ranging from KitKat to Nesquik said that it had appointed veteran insider Philipp Navratil, who had […]
Dr Pepper takes a shot at Nestle
- 25-Aug-2025
Washington: U.S. soft drinks giant Keurig Dr Pepper is set to create a global coffee giant to rival market leader Nestle (NESN.S), with an $18 billion takeover of JDE Peet’s (JDEP.AS), Europe’s largest acquisition in more than two years. The deal, announced on Monday and offering a 20% premium to JDE Peet’s closing market price […]