Nestlé is to sell half of its waters business to the US private-equity firm Platinum Equity under a joint-venture agreement. In a statement today (23 July), issued alongside Nestlé’s first-half ...

VEVEY, SWITZERLAND — Nestle SA and the private equity company Platinum Equity, Beverly Hills, Calif., have created a 50:50 joint venture called Peranel that will own and operate Nestle’s waters and ...

Good luck to Nestlé, but I find pretty much all of its brands and products to be boring and stale—and its persistent price increases don’t make them any more enticing to buy versus those of its ...

ROMONT, Switzerland—Willy Wonka would have marveled at one of the machines at a manufacturing plant here—a contraption that injects flavors into coffee capsules via a set of whirring tubes labeled ...

Nestlé has thawed on ice cream. The world’s biggest food and drinks maker said Thursday that it was in “advanced negotiations” to sell its remaining ice cream business to its joint venture partner, ...

Nestle's closely watched organic sales growth rate came in at 4%, beating a FactSet consensus of 3.55%. Shares were last trading up 2.6% and the stock is up around 2% so far this year. The consumer ...

Nestlé has issued a global recall in nearly 50 countries after SMA, BEBA, and NAN infant formulas were possibly contaminated with a toxin that can cause severe nausea and vomiting. The recall began in ...

Nestlé has expanded a recall of infant formula to include more than 50 countries worldwide. Infant formula and follow-on formula have been recalled because of the potential presence of cereulide.

Nestle NESN-0.28%decrease; down pointing triangle recalled specific batches of its SMA baby formula, citing the potential presence of cereulide bacteria. The food-and-drink maker, also behind brands ...

For more than three decades, Marion Nestle has been telling people what to eat. In the late 1980s, she edited the first Surgeon General’s Report on Nutrition and Health, then went on to co-write the ...

Nestle will cut 16,000 jobs, new CEO Philipp Navratil said Thursday, as the world’s largest packaged food company seeks to cut costs and win back investor confidence. The jobs being cut represent 5.8% ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Nestlé has announced it will cut 16,000 jobs over the next two years as ...