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The Latest Breaking News from Nestle

Nestle Suddenly Fires CEO Over Romantic Relationship With Employee

On Monday, Nestlé unexpectedly removed its CEO, Laurent Freixe, after he failed to disclose a romantic involvement with an employee who reported directly to him.

Benzinga

Nestle CEO Laurent Freixe's Removal Explained: Is the Identity of His Subordinate Revealed?

Nestle CEO Laurent Freixe was ousted over an undisclosed affair. Details on his removal, the subordinate speculation, and Nestlé's leadership change.

International Business Times UK

Nestle Sacks CEO Over Office Relationship

Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subordinate".

International Business Times

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Nestle Unveils Method To Boost Cocoa Yields As Climate Change Hits

Faced with climate change diminishing farmers' yields, Nestle announced Wednesday that it was working on a technique to produce chocolate by using up to 30 percent more of the cocoa fruit.

International Business Times

UN plastic pollution talks fail again with negotiators rejecting draft treaties

Delegates were seeking to complete a legally binding international agreement during a 10-day conference in Geneva, Switzerland.

Evening Standard

Rebooted plastic scheme could hike groceries cost

Consumers could face higher prices for goods wrapped in soft plastic as plans for a much-anticipated recycling scheme are revealed.

AAP

5 More Items at Dollar Tree That Cost More at Target

From school supplies to snacks and pantry staples, here are five products you can grab at Dollar Tree that’ll set you back much more at Target.

GOBankingRates

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Plastic credits: A ‘false solution’ or the answer to global plastic waste?

As UN meets to negotiate an international treaty to curb plastic pollution, many favour carbon credit-like offsetting.

Al Jazeera

Nestle sees lower customer demand after hiking coffee and chocolate prices

The Swiss consumer group reported organic growth of 2.9% over the first half of the year, compared with a year earlier.

Evening Standard

‘I never noticed that’: Washington man picks up a bag of Starbucks coffee at Costco. Then he looks at the fine print on the back

Is the coffee you buy from Costco another brand masquerading as Starbucks? That’s what one customer says in a now-viral video.

The Mary Sue

Nestle offices searched by police over mineral water allegations

The Swiss food giant has been under investigation by a Paris judicial court since February

The Independent UK

F1 and Nestle announce KitKat activations for Mexican GP

Formula 1 is preparing to deepen its ties with Nestle through a series of new activations and promotions to highlight its official chocolate bar, the KitKat.

Autosport

Elon Musk predicts a recession this year. 8 sneaky signs we actually could be headed for one

These are the weird recession indicators starting to show themselves.

Fortune

73 Unhinged Acts That “Chaotic Good” People Did With The Best Intentions At Heart (New Pics)

Well-behaved people seldom make history.

Bored Panda

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Radio France Internationale

French government accused of top-level cover-up in Nestlé water scandal

The French government "at the highest level" covered up a scandal over the treatment of mineral water by food giant Nestle, including the iconic Perrier brand, an investigation by France's upper house of parliament said Monday.

International Business Times

Perrier Scandal Bubbles Up As French Parliament Slams Cover-up

International Business Times

French State Covered Up Nestle Water Scandal: Senate Report

The French government "at the highest level" covered up a scandal over the treatment of mineral water by food giant Nestle, including the iconic Perrier brand, a Senate investigation said Monday.

International Business Times

Perrier Ordered To Remove Water Filters

Regional French authorities ordered Nestle on Wednesday to remove a system that filters Perrier and to renew its authorisation to call it natural mineral water, marking the latest turn in a saga that has ensnared the government.

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Evening Standard

KitKat maker Nestle reveals steep price hikes for coffee and chocolate

The firm raised prices by 2.1% overall in the first quarter, with double-digit hikes in some markets.

The Independent UK

Prices have already risen for several popular chocolate bars

The Independent UK

Easter eggs up to 50% more expensive than last year

It comes after a steep fall in global cocoa production, driven by higher temperatures hindering the quality and quantity of beans.

The Independent UK

Lean Cuisine and Stouffer's meals recalled for 'wood-like material' linked to choking

Nestle USA has recalled certain batches of its Lean Cuisine and Stouffer's frozen meals

Evening Standard

Field-by-field data helping to measure regenerative impact on dairy farms

The consumer giant is working with the First Milk farmer-owned co-operative to share the risk of rolling out greener practices in its supply chain.

International Business Times

Nestle Sales Beat Forecast After Price Hikes

Swiss food giant Nestle reported better-than-expected annual sales on Thursday, boosting its shares after the maker of Nescafe coffee, KitKat chocolate and Purina dog food hiked prices to offset inflation.

International Business Times

Nestle Share Slump Adds Pressure On New Boss

Nestle's slumping share price is rattling shareholders and pension funds that have invested in the food giant, piling pressure on its new boss ahead of Thursday's annual results.

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