Trends - Nestle - Business Recorder

Nestle

Nestle to open new $43m Ukraine factory

ZURICH: Swiss food giant Nestle said Monday it was opening a new production site in war-torn Ukraine, and would...

Updated 13 Dec, 2022 07:46am

Business & Finance

Nestle pours $1.8bn into business in KSA

ZURICH: Swiss food giant Nestle said Thursday it will pour seven billion riyals ($1.8 billion) into Saudi Arabia ...

Published 25 Nov, 2022 05:48am

Business & Finance

Nespresso takes the plunge with compostable coffee capsules

ZURICH: Nespresso is launching compostable coffee capsules next year in a bid to fend off competitors trying to...

Published 21 Nov, 2022 02:43pm

Life & Style

Affluent splash out on pricey Birkin bags but clouds loom

PARIS: Brushing off higher prices, affluent spenders are continuing to splash out on luxuries including $10,000...

Updated 21 Oct, 2022 11:46pm

Markets

Pakistan’s export-oriented firms can benefit most from solar power: Dubai-based Yellow Door Energy

KARACHI: Sectors like textile and cement that hold contracts to export abroad could benefit the most from making the...

Published 17 Oct, 2022 05:57am

Pakistan

Nestle employees donate Rs6m for flood victims

LAHORE: Employees of Nestle Pakistan, through a donation drive, raised PKR 6 million in cash donations, which will ...

Published 15 Oct, 2022 05:38am

Markets

Easing raw material costs promising for Indian consumer cos

NEW DELHI: Softening commodity prices are holding out hope for Indian consumer-goods firms that have struggled with...

Published 04 Aug, 2022 05:43am

Business & Finance

Sell few, make more: luxury companies' strategy paying off amid economic downturn

Wealthier consumers' savings are still being eroded by inflation, but they currently seem focused on enjoying the freedoms that have returned with the easing of COVID-19 restrictions

Published 30 Jul, 2022 04:52pm

Business & Finance

India’s Reliance to acquire dozens of brands in $6.5bn consumer goods play

MUMBAI: India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets...

Published 16 May, 2022 05:42am

Business & Finance

Nestle confident price hikes will help it meet 2022 goals

ZURICH: Food group Nestle on Thursday confirmed its margin and sales growth targets for 2022 after strong price...

Published 21 Apr, 2022 12:16pm

Business & Finance

Nestle defends itself over continued Russia presence

ZURICH: The head of Swiss food giant Nestle defended Thursday his company’s continued presence in Russia, saying...

Published 11 Apr, 2022 07:17am

Business & Finance

Shareholder group urges Nestle to halt all Russia business

ZURICH: Nestle must halt all its activities in Russia, the Actares shareholder organisation said Monday, ramping up...

Published 28 Mar, 2022 07:35am

Business & Finance

Shareholder group urges Nestle to halt all Russia business

ZURICH: Nestle must halt all its activities in Russia, the Actares shareholder organisation said Monday, ramping up...

Published 21 Mar, 2022 06:15pm

Business & Finance

Nestle 2021 turnover swells on inflation-fuelled price hikes

ZURICH: Swiss food giant Nestle's turnover increased in 2021, results showed Thursday, thanks not only to its shift...

Published 17 Feb, 2022 06:12pm

Business & Finance

Nestle to pay cocoa growers to keep children in school

ZURICH/LONDON: Nestle will start paying cocoa farmers cash if they send their children to school rather than out to...

Published 27 Jan, 2022 11:43am

Business & Finance

Nestle shares flirt with record on 8.9bn euro L’Oreal sale

ZURICH: Nestle shares neared a record high in Zurich on Wednesday after the Swiss food giant said it would raise...

Published 13 Dec, 2021 06:45am

Markets

Nestle shares flirt with record on 8.9bn euro L'Oreal sale

ZURICH: Nestle shares neared a record high in Zurich on Wednesday after the Swiss food giant said it would raise...

Published 08 Dec, 2021 06:36pm

Pakistan

Nestlé steps up efforts under ‘Clean Gilgit and Hunza Project’

ISLAMABAD: In line with its global vision for a waste-free future, Nestlé Pakistan recently stepped-up efforts ...

Published 21 Nov, 2021 04:19am

Business & Finance

Nestle raises full year sales outlook to 6-7% organic growth this year

ZURICH: Nestle raised its sales guidance on Wednesday, saying it now expects full year organic growth of 6-7% after...

Published 20 Oct, 2021 10:21am

Business & Finance

Nestle raises full-year guidance after H1 organic sales grow 8.1%

Growth accelerated to 8.6% in the second quarter, from 7.7% in the first three months of the year

Published 29 Jul, 2021 11:41am

Business & Finance

Nestle eyes new strategy as leaked file show many products unhealthy

ZURICH: Global food giant Nestle said Monday it was developing a new nutrition strategy after the Financial Times...

Published 01 Jun, 2021 04:59am

Business & Finance

Nestle buys Bountiful for $5.75bn

ZURICH: Nestle has bought the core brands of US vitamin and supplements maker The Bountiful Company for $5.75...

Published 01 May, 2021 03:28am

Business & Finance

Nestle says 573 UK jobs at risk amid confectionery revamp

We are proposing changes to adapt our confectionery manufacturing for the future with a 29.4 million pound ($40.8 million) investment at our factories in York and Halifax and the proposed closure of our Fawdon site towards the end of 2023. Regrettably, these proposals put 573 roles at risk, subject to consultation.

Published 28 Apr, 2021 08:27pm

Business & Finance

Nestle in talks to buy Nature's Bounty vitamins

Discussions start after Bountiful announces plan to float.
Analysts estimate price tag of $5 to $7 billion.
Deal would be latest Nestle acquisition in nutrition.

Published 26 Apr, 2021 05:40pm

Markets

European stocks up as ECB stands pat

AMSTERDAM/LONDON: European stocks moved towards record highs on Thursday, following a set of strong company earnings...

Published 23 Apr, 2021 05:12am

Business & Finance

Coffee and cake provide Nestle pandemic comfort

ZURICH: Swiss food giant Nestle said Thursday that strong sales of coffee, baking goods and pet foods helped raise...

Updated 23 Apr, 2021 10:01am

Business & Finance

Amazon and Nestle join public-private plan to save world's forests

LEAF coalition aims to raise an initial $1 bln.
Calls for countries to apply by July.
Payouts linked to emissions between 2022-2026.

Published 22 Apr, 2021 08:09pm

Business & Finance

Coffee gives Nestle first quarter boost

Global sales rose to 21.1 billion Swiss francs (19.1 billion euros, $22.9 billion), an earnings statement said.

Published 22 Apr, 2021 04:45pm

Business & Finance

Coffee helps boosts Nestle sales by 1.3 percent in Q1

The overall sales figure rose to 21.1 billion Swiss francs (19.1 billion euros, $22.9 billion), an earnings statement said.

Published 22 Apr, 2021 12:51pm

Business & Finance

Nestle confirms full-year outlook at shareholder meeting

"Looking to 2021, we expect continued improvement in organic growth, profitability and capital efficiency in line with our value creation model," Mark Schneider said according to the text of a speech he was due to make at a virtual shareholder meeting.

Published 15 Apr, 2021 06:38pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Feb 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 4 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 4 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 4 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 4 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 4 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Feb 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 4 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 4 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 4 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 4 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 4 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Volume
Hub Power Co. / Feb 4 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.00
Cnergyico PK / Feb 4 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.00
Dewan Motors / Feb 4 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.00
Gul Ahmed / Feb 4 Gul Ahmed Textile Mills Limited(GATM)	4,995,028 ▼ 0.00
WorldCall Telecom / Feb 4 Worldcall Telecom Limited(WTL)	4,832,816 ▼ 0.00
TRG Pak Ltd / Feb 4 TRG Pakistan Limited(TRG)	4,574,299 ▼ 0.00
Lotte Chemical / Feb 4 Lotte Chemical Pakistan Limited(LOTCHEM)	3,805,565 ▼ 0.00
K-Electric Ltd. / Feb 4 K-Electric Limited(KEL)	3,686,127 ▼ 0.00
Pak Petroleum / Feb 4 Pakistan Petroleum Limited(PPL)	3,499,066 ▼ 0.00
Nishat Chun.Pow. / Feb 4 Nishat Chunian Power Limited(NCPL)	3,492,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	277.17
USD PKR Interbank Buying / Feb 3	278.67
USD to Japanese Yen / Feb 3	131.19
USD to Swiss Franc / Feb 3	0.93
Pound Sterling to USD / Feb 3	1.21
Euro to USD / Feb 3	1.08
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 3	4136.48
India Sensex / Feb 3	60841.88
Tokyo Nikkei / Feb 3	27509.46
Nasdaq / Feb 3	12006.96
Hang Seng / Feb 3	21660.47
FTSE 100 / Feb 3	7901.80
Dow Jones / Feb 3	33926.01
Germany DAX 30 / Feb 3	15546.43
France CAC40 / Feb 3	7233.94

Item	Value
Crude Oil USD/Barrel / Feb 3	73.39
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Gold Spot USD/Ounce / Feb 3	1864.97
Cotton US¢/pound / Feb 3	85.43

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