https://feeds.thelocal.com/ Read the latest news and views from Switzerland in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Swiss food giant Nestle, which has made billions with dairy products, said Monday it will host start-ups that want to develop vegetarian alternatives. https://www.thelocal.ch/20200929/unlimited-resources-switzerlands-nestle-announces-investment-into-going-vegan Tue, 29 Sep 2020 17:33:08 +0200 unlimited-resources-switzerlands-nestle-announces-investment-into-going-vegan UK high street chain Costa Coffee is set to arrive in Switzerland in 2020, according to the company’s owners. https://www.thelocal.ch/20190722/costa-coffee-to-launch-in-switzerland-in-2020-food-drinks Mon, 22 Jul 2019 17:20:07 +0200 costa-coffee-to-launch-in-switzerland-in-2020-food-drinks Nestle said on Thursday April 18th that its sales have climbed, boosted by recent acquisitions including the right to market Starbucks coffee products in supermarkets around the world. https://www.thelocal.ch/20190418/coffee-helps-swiss-food-giant-nestle-brew-up-sales-growth Thu, 18 Apr 2019 11:55:21 +0200 coffee-helps-swiss-food-giant-nestle-brew-up-sales-growth Nestle said Monday that it had agreed to sell its Gerber Life Insurance unit for $1.55 billion (€1.3 billion), in the company's latest bid to redouble its focus on food and beverage. https://www.thelocal.ch/20180918/switzerlands-nestle-agrees-to-sell-insurance-unit-for-155-billion Tue, 18 Sep 2018 12:52:04 +0200 switzerlands-nestle-agrees-to-sell-insurance-unit-for-155-billion The European Union's top court on Wednesday July 25th ordered the EU's intellectual property office to "reconsider" Kit Kat's bloc-wide trademark, prolonging Nestle's decade-long battle to claim exclusive rights over the chocolate bar's distinctive shape. https://www.thelocal.ch/20180726/no-break-for-swiss-giant-nestle-in-kit-kat-trademark-war Thu, 26 Jul 2018 10:57:00 +0200 no-break-for-swiss-giant-nestle-in-kit-kat-trademark-war Swiss food giant Nestlé announced Monday it will pay $7.15 billion (€5.97 billion) for the rights to market Starbucks products around the world, outside of the company's coffee shops. https://www.thelocal.ch/20180507/nestle-pays-715-billion-to-license-starbucks-products Mon, 07 May 2018 10:19:38 +0200 nestle-pays-715-billion-to-license-starbucks-products Swiss food giant Nestle on Thursday appeared to open the door to selling its stake in French cosmetics group L'Oreal after it said that its own business performance in 2017 fell short of expectations. https://www.thelocal.ch/20180215/switzerlands-nestle-opens-door-to-loreal-sale-as-2017-disappoints Thu, 15 Feb 2018 11:56:08 +0100 switzerlands-nestle-opens-door-to-loreal-sale-as-2017-disappoints Swiss food giant Nestlé has been accused of damaging the river environment near the small Michigan village where it sources its "Ice Mountain" bottled water. https://www.thelocal.ch/20180204/swiss-food-giant-in-water-fight-with-tiny-michigan-town Sun, 04 Feb 2018 11:25:17 +0100 swiss-food-giant-in-water-fight-with-tiny-michigan-town Nestlé said on Tuesday it has agreed to sell its US candy business to Italy's Ferrero for CHF 2.7 billion ($2.8 billion/2.3 billion euros) in cash as the Swiss food giant shakes up its product portfolio. https://www.thelocal.ch/20180117/swiss-giant-nestle-makes-28-bn-sweet-deal-with-ferrero Wed, 17 Jan 2018 09:24:58 +0100 swiss-giant-nestle-makes-28-bn-sweet-deal-with-ferrero Swiss food and drink giant Nestle has become the latest target for activist US hedge fund Third Point, which has taken a one percent stake in the company and demanded major changes, including offloading its large holding in L'Oreal. https://www.thelocal.ch/20170626/activist-hedge-fund-third-point-targets-nestle Mon, 26 Jun 2017 15:52:09 +0200 activist-hedge-fund-third-point-targets-nestle Swiss food and drink giant Nestlé has reported anaemic sales growth as Asian market strength was offset by weak consumer spending in the Americas. https://www.thelocal.ch/20170420/nestl-sales-go-flat-in-first-quarter Thu, 20 Apr 2017 12:27:02 +0200 nestl-sales-go-flat-in-first-quarter Nestle has said it has discovered a way to cut the amount of sugar that goes into its Kit Kat, Butterfinger and other candy bars, but without affecting the taste. https://www.thelocal.ch/20161202/nestle-creates-low-sugar-chocolate-that-still-tastes-as-sweet Fri, 02 Dec 2016 09:45:21 +0100 nestle-creates-low-sugar-chocolate-that-still-tastes-as-sweet Nestle, the world's largest food company, on Thursday reported a 9.1 percent fall in profits through the first six months of 2016, but said its sluggish performance should be reversed in a strong second half. https://www.thelocal.ch/20160818/nestle-optimistic-despite-dip-in-profits Thu, 18 Aug 2016 13:43:36 +0200 nestle-optimistic-despite-dip-in-profits Analysts on Tuesday praised Nestlé's choice for its new chief executive, healthcare manager Ulf Mark Schneider, as the food giant took a further step in its bid to become a leader in nutrition. https://www.thelocal.ch/20160629/swiss-giant-nestl-bucks-history-with-new-top-dog Wed, 29 Jun 2016 10:19:54 +0200 swiss-giant-nestl-bucks-history-with-new-top-dog Is Nestlé getting special treatment from local authorities? That’s the question festival organizers in Lausanne would like answered after the food industry behemoth was allowed to stage a concert on Friday at 100 decibels, over the official limit of 93db. https://www.thelocal.ch/20160627/nestls-birthday-bash-ruffles-festival-feathers Mon, 27 Jun 2016 13:33:24 +0200 nestls-birthday-bash-ruffles-festival-feathers Nestle-owned Nespresso announced Monday it will reintroduce Cuban coffee to the US for the first time in more than 50 years following the easing of United States sanctions on Cuba. https://www.thelocal.ch/20160621/switzerlands-nespresso-to-bring-cuban-coffee-to-us Tue, 21 Jun 2016 10:46:44 +0200 switzerlands-nespresso-to-bring-cuban-coffee-to-us Swiss food behemoth Nestlé marks its 150th birthday with the opening of two museums in its hometown of Vevey this month. https://www.thelocal.ch/20160603/nestl-celebrates-150-years-with-museum-openings Fri, 03 Jun 2016 13:05:15 +0200 nestl-celebrates-150-years-with-museum-openings Swiss food giant Nestlé said on Thursday that its net profits plunged by 39 percent last year due in part to a strong Swiss franc. https://www.thelocal.ch/20160218/strong-swiss-franc-hits-nestl-profits Thu, 18 Feb 2016 13:56:28 +0100 strong-swiss-franc-hits-nestl-profits Sebastian Coe, head of the International Association of Athletics Federations (IAAF), has angrily hit back at Swiss company Nestlé's move to terminate its sponsorship of the scandal-hit organization, insisting he will not accept the decision. https://www.thelocal.ch/20160211/coe-hits-back-at-nestls-sponsorship-termination Thu, 11 Feb 2016 12:50:39 +0100 coe-hits-back-at-nestls-sponsorship-termination Swiss-based food giant Nestlé has terminated a sponsorship programme with world athletics' governing body (IAAF) over fears that the corruption and doping scandals surrounding the sport could damage the company's reputation, a spokeswoman said on Wednesday. https://www.thelocal.ch/20160210/nestl-drops-sponsorship-of-athletics-body-over-scandal Wed, 10 Feb 2016 22:51:31 +0100 nestl-drops-sponsorship-of-athletics-body-over-scandal