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Nestle told to pay fine over ash in Maggi noodles

2017-11-29 livemint
New Delhi: Nestle India Ltd, a unit of Swiss packaged food company Nestle SA, has been told to pay a fine after a Lucknow-based laboratory found ash content higher than the permissible limit in samples of Maggi noodles, the company’s biggest revenue earner. (1-0)

Nestle India slapped with fine over substandard Maggi noodles

2017-11-29 livemint
New Delhi: An Indian court on Tuesday imposed a fine of Rs45 lakh ($70,000) on Nestle India in a 2015 case for selling substandard instant noodles after a laboratory test found high ash content in its popular Maggi brand. (1-0)

Nestle India fined US$70,000 for substandard Maggi noodles - Channel NewsAsia

2017-11-29 channelnewsasia
NEW DELHI: An Indian court on Tuesday (Nov 28) imposed a fine of 4.5 million rupees (US$70,000) on Nestle India in a 2015 case for selling substandard instant noodles after a laboratory test found high ash content in its popular Maggi brand. (1-0)

Court slaps Nestle India with fine over substandard noodles

2017-11-29 in.reuters
NEW DELHI (Reuters) - A court on Tuesday imposed a fine of 4.5 million rupees ($70,000) on Nestle India in a 2015 case for selling substandard instant noodles after a laboratory test found high ash content in its popular Maggi brand. (1-0)

Nespresso to Boost Coffee Buying in Conflict-Hit Colombian Areas - Bloomberg

2017-11-28 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)

Coder in Tweed Cap Is Newest Canada Billionaire as Shopify Soars - Bloomberg

2017-11-27 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (144-0)

Tracking Gardner Russo & Gardner Portfolio - Q3 2017 Update

2017-11-25 seekingalpha
The top three 13F stakes are Berkshire Hathaway, Nestle, and MasterCard, and they add up to ~32% of the portfolio. (401-1)

Breakfast briefing: Friday, November 24

2017-11-24 thestar.com.my
MarketWatch: The biggest slump in Chinese stocks in almost two years took the shine off another record high in a global equities bull run. The near 3% drop in China reflected its recent bond markets worries, adding to a subdued mood in Europe where, with trading constrained by the Thanksgiving holiday in the United States, the main bourses opened in the red for the 10th day in the last 13. - Reuters (74-0)

Nestle launches global procurement hub in Malaysia

2017-11-23 themalaymailonline
The Nestle logo is pictured on a truck outside the company’s headquarters in Vevey October 17, 2013. — Reuters picPETALING JAYA, Nov 23 — The largest food and beverage manufacturer, Nestlé S.A, aims to source required ingredients, materials and services to supply the needs of over 100 countries globally through its 23,000 sq ft procurement hub in Malaysia. (1-0)

Wall Street’s M&A Chatter From Nov. 20: Marvell Technology, Aetna, Bloomin’ Brands, AT&T

2017-11-21 wire.kapitall
The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday, Nov. 20, 2017: (65-0)

Nestle Unions Say More Than 1,000 French Jobs May Be at Risk - Bloomberg

2017-11-21 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)

Nestle is said to be among potential Hain Celestial suitors

2017-11-21 livemint
New York/London: Nestle SA is among companies exploring a purchase of Hain Celestial Group Inc., a US maker of organic and vegetarian food, according to people familiar with the matter, as the Swiss giant seeks to expand into healthier fare. (6-0)

Asia's Consumers Snubbing Global Brands for These Products - Bloomberg

2017-11-21 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)

AT&T Lawsuit Threatens to Chill 2017's Last-Minute M&A Revival - Bloomberg

2017-11-21 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (63-0)

Local brands kill off easy money era for multinationals in Asia

2017-11-21 themalaymailonline
A customer holds a L'Oreal cosmetics group product in an supermarket in Lanton, southwestern France, August 30, 2013. — Reuters picZURICH, Nov 21 — Nestle SA is losing buzz to an Indonesian coffee brand famous for brewing civet-cat feces, and L’Oreal SA is losing face to a Chinese skincare brand favoured by President Xi Jinping’s wife. (1-0)


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