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The Latest Breaking News from Nestle SA

RFK Jr. Says Ice Cream Makers Must Ditch Synthetic Dyes By 2028—What It Means For Major Brands

The U.S. Health Secretary Robert F. Kennedy Jr.‘s announcement that ice cream makers will eliminate synthetic dyes in their formulations could impact the listed ice cream makers who would be required to execute the change.

Benzinga

Cocoa Prices Close Sharply Lower on Demand Concerns

July ICE NY cocoa (CCN24 ) on Thursday closed down -340 (-3.42%), and July ICE London cocoa #7 (CAN24 ) closed down -301 (-3.53%). Cocoa prices closed sharply lower on Thursday due to demand concerns. Chocolate producer Nestle SA said Wednesday that consumers will cut back on chocolate purchases as...

Barchart

Cocoa Prices Retreat on Demand Concerns

July ICE NY cocoa (CCN24 ) today is down -340 (-3.42%), and July ICE London cocoa #7 (CAN24 ) is down -301 (-3.53%). Cocoa prices today are sharply lower on demand concerns. Chocolate producer Nestle SA said Wednesday that consumers will cut back on chocolate purchases as the recent historic...

Barchart

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A verdict that hampers international law obligations

The judiciary's interpretation in Assessing Officer Circle (International Taxation) New Delhi vs M/s Nestle SA case allows the executive to undo its international law obligations

The Hindu

Price increases spur Nestle sales growth

LONDON: Nestle SA's sales growth unexpectedly accelerated as shoppers splashed out on Purina and Friskies food for their pets despite higher prices.

Bangkok Post

More Non-US Companies Restricted Services In Russia After US Counterparts

Rio Tinto PLC (NYSE:RIO) became the first leading miner to suspend trading relations with Russian businesses, Reuters reports. Japan's Sony Group (NYSE:SONY) and Nintendo Co Ltd (OTC:NTDOF) (NTDOY) also halted deliveries of their gaming consoles. Credit Suisse Group AG (NYSE:CS) flagged a ~$900 million Russian credit exposure. Hitachi Construction Machinery Co Ltd (OTC:HTCMF) (OTC:HTCMY) looks to stop exports…

Benzinga

Philip Morris Suspends Investment In Russia

Cigarette maker Philip Morris International Inc (NYSE:PM) is the latest joiner in the list of multinationals stepping back from Russia. Nestle SA (OTC:NSRGY) and Imperial Brands PLC (OTC:IMBBY) have also joined the list of companies giving in to pressure from consumers to take a stand against the war in Ukraine, Reuters reported. Consumer goods giants including Proctor & Gamble…

Benzinga

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