May 22, 2:23 PM EDT
Media & Culture
Nestlé Pulls Meals Found To Have Horse DNA
on 02/19/13 AT 10:35 AM
Nestlé is withdrawing beef pasta meals from supermarkets in Italy, Spain and France after horse DNA found in them.
Nestle Ventures Into Traditional Chinese Medicine
on 11/28/12 AT 5:34 PM
For more than 3,000 years, traditional Chinese medicine has been an integral part of Chinese culture and the predominant medical treatment for a large part of the population.
Nestle seen seller not buyer of L'Oreal shares
By IBT Staff Reporter on 03/11/10 AT 11:07 AM
Swiss food giant Nestle is more likely to sell its 30 percent stake in the world's biggest cosmetics group L'Oreal rather than attempt a takeover with limited strategic logic.
Nestle outshines peers, expects stronger 2010
By IBT Staff Reporter on 02/19/10 AT 7:08 AM
Nestle expects higher sales growth this year after beating 2009 forecasts through strong growth in North America and developing markets.
Nestle speeds ups buyback, may sell Alcon stake
By IBT Staff Reporter on 10/22/09 AT 8:46 AM
Cash-rich Nestle SA, the world's biggest food group, said it was speeding up a programme to buy back shares and was likely to raise fresh funds from the sale of its stake in eye care firm Alcon.
Nestle '08 sales growth beats goal, confident for '09
By IBT Staff Reporter on 02/19/09 AT 5:40 AM
Nestle reported strong underlying 2008 sales growth of 8.3 percent and said it was cautiously upbeat for 2009, unlike some rivals, and would push cheaper products to cope with the downturn.