Indonesian palm oil giant Sinar Mas rejected claims of environmental vandalism Thursday after Nestle, the world's biggest food company, dropped it as a supplier. It was the second embarrassing blow to Sinar Mas in three months after Anglo-Dutch company Unilever in December ...
AMSTERDAM (Reuters) - Nestle, the world's biggest food group, said it had stopped buying palm oil from Indonesia's Sinar Mas due to concerns about rainforest destruction, following a similar move by consumer goods firm Unilever. Nestle's announcement came after Greenpeace released a ...
CHICAGO/WASHINGTON (Reuters) - U.S. health regulators warned units of Nestle and more than a dozen other foodmakers about overstating or misstating the nutritional value of baby food, nuts and other products on their labels. Most of the letters made public on Wednesday ...
FDA cracks down on baby food manufacturers, others for misleading food labels The Food and Drug Administration is cracking down on baby food manufacturers and other companies for misleading nutrition labeling on their products, the beginning of a larger effort to set ...
Swiss food group Nestle said on Tuesday that it had completed its acquisition of the frozen pizza unit of US giant Kraft Foods. The operation, which was concluded on Monday, will enable Nestle, the world's biggest food company, to begin integrating an ...
<div><p>Swiss pharmaceutical group Novartis said on Monday that it had bought a controlling stake in the world's biggest eye-care firm Alcon from Nestle and that it was seeking full ownership of Alcon.</p><p>"Novartis intends to gain full ownership of Alcon Inc. by first ...
<div id="subtitle">Swiss drug maker Novartis plans to buy remaining stake in eye-care company Alcon for $38.5 bln</div><div><p>Novartis AG said Monday it plans to take over Alcon Inc. by paying $38.5 billion for the 77 percent stake it does not already own in ...
<div><p>Kraft Foods Inc. improved its hostile takeover offer for British chocolate and gum maker Cadbury PLC after selling its North American pizza business for $3.7 billion to Nestle, which confirmed it would not make a rival bid.</p><p>Kraft said it would use the ...
<div><p>Swiss pharmaceuticals giant Novartis on Monday made a 40-billion-dollar play for the fast growing eye-care market, aiming to take over Alcon, the world's biggest company in a sector driven by an ageing population.</p><p>Combined, Alcon and Novartis would have about 70 percent of ...
<div><p>Food giant Nestle Tuesday announced it was buying Kraft Foods' frozen pizza units in the United States and Canada for 3.7 billion dollars (2.5 billion euros).</p><p>"This frozen pizza business greatly enhances Nestle's frozen food activities in North America, bringing together a selection ...
