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Reuters - 10小时前

Ivory Coast issues 106 cocoa export licences for 2024/25 season

Ivory Coast issues 106 cocoa export licences for 2024/25 season ABIDJAN, Oct 2 (Reuters) - Ivory Coast, the world's top cocoa producer, has granted cocoa export licences to 106 companies and cooperatives for the 2024/25 season, up from 92 last season , according to a document from the Coffee and Cocoa Council (CCC) seen by Reuters on Wednesday. They include the major traders and chocolate makers such as Olam OLAG.SI , CEMOI, Barry Callebaut BARN.S , Touton, Sucden, Nestle NESN.S and Cargill.
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Reuters - 4天前

When the dollar store closes, US families on food benefits lose a lifeline

When the dollar store closes, US families on food benefits lose a lifeline Closures impact low-income areas, worsening food access issues Alternative shopping options are more expensive and less accessible Family Dollar said it was closing nearly 1,000 stores By Jessica DiNapoli and Kaylee Kang NASHVILLE, Sept 29 (Reuters) - Nearly every day, Latrina Begley, 37, of Nashville, or one of her six children, shopped at the Family Dollar down the hill from their home, using federal food benefits to bu
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Reuters - 1周前

California says Exxon's recycling claims created a 'public nuisance.' What does that mean?

EXPLAINER-California says Exxon's recycling claims created a 'public nuisance.' What does that mean? By Brendan Pierson Sept 25 (Reuters) - California's lawsuit on Monday accusing Exxon XOM.N of fueling global plastic waste pollution by misleading the public about the limitations of recycling is the latest in a line of recent cases based on a centuries-old legal theory known as public nuisance.
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Reuters - 1周前

New consumer CEOs start life in the slow lane

BREAKINGVIEWS-New consumer CEOs start life in the slow lane The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Sept 24 (Reuters Breakingviews) - The bosses of large consumer groups have good reason to watch their backs. Nestlé NESN.S , Starbucks SBUX.O , Davide Campari Milano CPRI.MI and now Nike NKE.N have all ditched their CEOs in recent months amid poor performance.
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Reuters - 1周前

EU deforestation ban creates a hazy trade future

RPT-BREAKINGVIEWS-EU deforestation ban creates a hazy trade future The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Afiq Fitri Alias LONDON, Sept 23 (Reuters Breakingviews) - The European Union’s drive to make its supply chain greener risks leading to a scorched-earth policy. A planned ban on agricultural imports from deforested land will affect developing countries producing commodities like timber and palm oil.
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Reuters - 1周前

EU deforestation ban creates a hazy trade future

BREAKINGVIEWS-EU deforestation ban creates a hazy trade future The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Afiq Fitri Alias LONDON, Sept 23 (Reuters Breakingviews) - The European Union’s drive to make its supply chain greener risks leading to a scorched-earth policy. A planned ban on agricultural imports from deforested land will affect developing countries producing commodities like timber and palm oil.
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Reuters - 2周前

Swiss stocks - Factors to watch on September 20

Swiss stocks - Factors to watch on September 20 ZURICH/GDANSK, Sept 20 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Friday: HOLCIM HOLN.S Holcim's $30 billion New York spinoff of its North American business has come under fire from an environmental group that said the major cement maker was doing too little to tackle climate change.
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Reuters - 2周前

Australia's ACCC Starts Informal Review Of Australian Health & Nutrition Association-Nestlé Australia Deal

BRIEF-Australia's ACCC Starts Informal Review Of Australian Health & Nutrition Association-Nestlé Australia Deal Sept 20 (Reuters) - Australia's ACCC: COMMENCED INFORMAL REVIEW OF AUSTRALIAN HEALTH & NUTRITION ASSOCIATION'S ACQUISITION OF VITA BRITS FROM NESTLÉ AUSTRALIA Further company coverage: NESN.S
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Reuters - 2周前

Meta closes deal to buy up to 3.9 mln carbon credits in Latin America

Meta closes deal to buy up to 3.9 mln carbon credits in Latin America SAO PAULO, Sept 18 (Reuters) - Facebook owner Meta META.O agreed to buy up to 3.9 million carbon offset credits from Brazilian investment bank BTG Pactual's BPAC11.SA forestry arm through 2038, the companies said on Wednesday in a statement. They did not disclose the value of the deal.
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Reuters - 2周前

For global firms, India IPOs are a honey trap

RPT-BREAKINGVIEWS-For global firms, India IPOs are a honey trap The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Una Galani MUMBAI, Sept 17 (Reuters Breakingviews) - It rarely makes sense for a company to maintain more than one stock market listing. Tell that to the growing list of multinational firms rushing to float their local subsidiaries on Mumbai bourses.
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Reuters - 2周前

For global firms, India IPOs are a honey trap

BREAKINGVIEWS-For global firms, India IPOs are a honey trap The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Una Galani MUMBAI, Sept 17 (Reuters Breakingviews) - It rarely makes sense for a company to maintain more than one stock market listing. Tell that to the growing list of multinational firms rushing to float their local subsidiaries on Mumbai bourses.
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Reuters - 2周前

European shares end marginally lower on tech drag; Fed in focus

UPDATE 2-European shares end marginally lower on tech drag; Fed in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window France's Rexel jumps after rejecting $9.4 bln QXO bid UK insurer Phoenix falls on halting sale of unit SunLife STOXX 600 down 0.2% Updated at 1600 GMT By Shubham Batra and Shashwat Chauhan Sept 16 (Reuters) - Europe's STOXX 600 closed slightly lower on Monday as losses in heavyweight technology shares weighed on the in
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Reuters - 2周前

Morgan Stanley downgrades Nestle to 'underweight' on margin headwinds

BUZZ-Morgan Stanley downgrades Nestle to 'underweight' on margin headwinds ** Morgan Stanley cuts Nestle NESN.S to "Underweight" from "Equal-weight," seeing the potential for high-single-digit/low-double-digit cuts to EPS consensus in 2025 and 2026, as the Swiss food group reinvests in marketing and R&D ** The brokerage says that a step-up in adver
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Reuters - 2周前

MTU Aero Engines, Nestle, Vusiongroup

EUROPE RESEARCH ROUNDUP- MTU Aero Engines, Nestle, Vusiongroup Sept 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including MTU Aero Engines, Nestle and Vusiongroup, on Monday. HIGHLIGHTS * Advanced Medical Solutions Group Plc AMSU.L : Peel Hunt raises target to 246p from 220p * MTU Aero Engines AG MTXGn.DE : Citigroup cuts to sell from neutral * Nestle SA NESN.S : Morgan Stanley cuts to underweight from equal-weight * Sodexo EXHO.PA : B
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Reuters - 3周前

Swiss stocks - Factors to watch on September 11

Swiss stocks - Factors to watch on September 11 ZURICH/GDANSK, Sept 11(Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: HOLCIM HOLN.S Mexican cement maker Cemex said on Tuesday that it had sold its operations in Guatemala to Holcim Group for around $200 million. NESTLE NESN.S According to media reports by Bloomberg News, Nestle is set to pay a 2 million euros fine to end its French mineral water case.
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Reuters - 3周前

Retail, consumer CEOs see shorter tenures as boards act more quickly

FOCUS-Retail, consumer CEOs see shorter tenures as boards act more quickly By Svea Herbst-Bayliss and Richa Naidu NEW YORK/LONDON, Sept 10 (Reuters) - When two of the most powerful brands in retail and packaged foods last month ousted their CEOs, it signaled corporate boards are more ready to toss top executives before activist investors tell them to act.
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Reuters - 3周前

Top of the Street: European luxury, beverages; Nestle, Kion, Subsea 7

BUZZ-Top of the Street: European luxury, beverages; Nestle, Kion, Subsea 7 A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Barclays downgrades Burberry BRBY.L and Gucci owner Kering PRTP.PA to "underweight" from "equal weight" as it expects the weakness in the China market to affect the luxury groups in a long term ** Barclays cuts Nestle NESN.S to "equal weight" from "overweight" saying a near-term recovery is unlikely for the Swiss chocolate maker ** C
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Reuters - 3周前

Barclays sees Nestle's 2025 as transitional, cuts to 'equal weight'

BUZZ-Barclays sees Nestle's 2025 as transitional, cuts to 'equal weight' ** Barclays cuts Nestle NESN.S to "equal weight" from "overweight," seeing 2025 as a transitional year and a recovery unlikely until 2026 ** It says the company needs to get back to the basics, "which means flawless execution and much bigger and bolder innovation" ** The broke
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Reuters - 4周前

Nestlé L’Oréal sale would add sugar to sour fix

BREAKINGVIEWS-Nestlé L’Oréal sale would add sugar to sour fix The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Sept 5 (Reuters Breakingviews) - The new boss of Nestlé NESN.S may have to embark on a painful turnaround. Last month , the $279 billion food giant replaced its CEO with insider Laurent Freixe, who will probably have to sacrifice profitability to win back market share.
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Reuters - 4周前

From apartheid to Gaza, consumer boycotts have hit major companies over the years

REFILE-FACTBOX-From apartheid to Gaza, consumer boycotts have hit major companies over the years Corrects to remove extraneous letter in paragraph 1, changes story identification tag LONDON, Sept 4 (Reuters) - Global companies including Anheuser-Busch InBev ABI.BR , Coca-Cola KO.N and Target TGT.N have suffered hits to sales and, in some cases, reputations, after shoppers boycotted their products or services over the years.
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