Water risks ripple through the beverage industry
At New York's Del Posto, diners can share a $130 entree of wild branzino fish with roasted fennel and peperonata concentrato and a $3,600 bottle of Dom Perignon. They cannot share a bottle of Perrier or San Pellegrino water.
UBS chairman says bank losing key staff: report
Switzerland's largest bank, UBS , is losing key staff in important areas to competitors, chairman Kaspar Villiger was reported as saying on Saturday.
Nestle sales hit by currency, confirms outlook
Nestle , the world's biggest food group, missed forecasts with a dip in first-quarter sales due to the strong Swiss franc and a late Easter, but it reassured investors by repeating its full-year target.
Nestle first-quarter sales take forex hit, outlook confirmed
Nestle, the world's biggest food group, reported first-quarter sales down 2.1 percent as a strong Swiss franc and a late Easter weighed, but said strong brands should help it meet its full-year target.
Nestle sales growth slows but company sticks to forecast
Nestle, the world's biggest food group, reported a slowdown in core sales growth in the first quarter as a strong Swiss franc weighed, but reiterated its full year target despite the global slowdown.
Nestle Q1 organic sales up, repeats outlook
Nestle , the world's biggest food group, reported a 3.8 percent rise in first-quarter organic sales, in line with analyst forecasts, and reiterated its outlook for 2009 despite the slowdown.
UBS shareholders called on to reject new pay system
Shareholder advocacy group Ethos on Wednesday called for UBS shareholders to reject a new pay system at an AGM on April 15, saying it could still lead to big bonuses that drive risk taking.
Nestle '08 sales growth beats goal, confident for '09
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.
Nestle 1Q Profit Climbed 6 %
Nestle SA said its first quarter sales rose 6 percent to 25.7 billion Swiss francs or $25 billion as the company rose prices of its products.
Polman most likely to become new Nestle CEO: papers
Nestle, the world's largest food company, is most likely to name Chief Financial Officer Paul Polman as its new chief executive, replacing Peter Brabeck, Swiss Sunday newspapers reported.
Nestle sees growth, innovation: U.S. water exec
Nestle SA, the world's largest food company, expects U.S. volume growth of its bottled water brands to improve in the next few months as comparisons with last year become easier, an executive said on Tuesday.
Nestle strengthens on upgrade, L'Oreal buyback
Shares in Swiss-based food group Nestle surged on Thursday following a broker upgrade and after L'Oreal, the French cosmetics firm in which Nestle owns 21 percent, said it would pursue a share buyback plan.
Nestle Posts Rise in 1st-Half Profits
1Nestle SA, the world's biggest food and drink company, reported an 11 percent rise in first-half net profit Wednesday thanks to cost cutting and internal growth and despite higher raw material prices.
Nestle Buys Jenny Craig Diet Firm for $600 Million
Switzerland's Nestle bought U.S. weight-loss company Jenny Craig for around $600 million, it said on Monday, expanding its high-margin nutrition and health business.
Nestle buys Kraft pizza business for $3.7 billion
The world's biggest food group Nestle is buying Kraft Foods' North American frozen pizza business for $3.7 billion and ruled out an offer for Cadbury , it said on Tuesday.