The company is preparing to sell businesses to another owner. Nestle plans to sell remaining in-house ice cream brands to Froneri for strategic focus. CEO Navratil emphasizes prioritizing core, ...

Nestlé NESN-0.92%decrease; red down pointing triangle said it would offload its remaining ice-cream business and pull back from a raft of brands as part of a broader plan to revive the packaged-food ...

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 SA is considering further reducing its footprint in the ice cream business, as new Chief Executive Officer Philipp Navratil reviews the company’s sprawling operations, people with knowledge of ...

The Paris public prosecutor announced on Friday investigations into five companies making baby formula. The probe follows worldwide recalls that have left both parents and investors on edge after the ...

Philipp Navratil recently took over the 160-year-old Swiss food giant, charged with reviving growth and regaining trust after his predecessor was ousted over a scandal. By Jordyn Holman Jordyn Holman ...

VEVEY, SWITZERLAND — Nestle is partnering with The Nature Conservatory (TNC), one of the largest environmental organizations in the world, and Goodwall, an app that helps young people develop skills ...

Food and beverage giant Nestlé has officially launched the sale of a stake in its water business. That’s according to media outlet Bloomberg. The Swiss major is said to be seeking first-round bids for ...

Solana Mobile has begun distributing its long-awaited SKR token, marking a key step in the company’s push to tie crypto incentives directly to mobile hardware adoption. The airdrop, which went live ...

Nestlé announced a recall of some batches of baby formula during the week of Jan. 5, and on Jan. 13 the firm’s CEO, Philipp Navratil, posted a video apology on Nestlé’s website. The recall is due to ...

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 is facing a global health scandal, following the recall of a number of its infant formula products. The food and beverage giant issued the demand over concerns they contain a toxin which can ...