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Nestle

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

Pakistan

Majyd Aziz elected president of UN-GCNP

KARACHI: Majyd Aziz, former President Employers’ Federation of Pakistan, was elected as President of UN Global...

Updated 01 Apr, 2021 09:08am

Business & Finance

Nestle to launch cocoa fruit chocolate in supermarkets

ZURICH: As confectionery groups scramble to reduce added sugar, chocolate sweetened with cocoa fruit pulp is about ...

Updated 21 Mar, 2021 09:31am

Pakistan

Nestlé Pakistan wins GDIB Award

KARACHI: Nestlé Pakistan was recognized as a diversity and inclusion (D&I) champion at the Global Diversity and...

Published 05 Mar, 2021 05:17am

Business & Finance

Nestle says 2020 held up against virus crisis

Nestle said its net profit fell 3.0 percent to 12.2 billion Swiss francs while sales dropped 8.9 percent to 84.3 billion Swiss francs.

Published 18 Feb, 2021 05:39pm

Business & Finance

Nestle outshines peers thanks to pet food, health products

Nestle proposed hiking its dividend 5 cents to 2.75 francs per share for 2020, its 26th consecutive increase. It also has a share buyback programme under way.

Published 18 Feb, 2021 01:18pm

Markets

European shares dip

MILAN/FRANKFURT: European shares dipped on Tuesday as a recent rally powered by hopes of a swifter global economic...

Published 10 Feb, 2021 04:12am

Business & Finance

Nestle says Gerber products in China are safe, rejects group's post

The notice had been deleted from the group's social media page, the member of staff said.

Published 09 Feb, 2021 10:42am

Business & Finance

Nestle CEO seeks ways to help with COVID-19 vaccine roll out

We will also try to find ways to either sponsor the payment for the vaccine or sponsor the way it gets applied in communities where we are present.
The price of a vaccine for an advanced economy is negligible...but to a developing country which has been struggling already with all the impacts of COVID.

Published 02 Feb, 2021 07:06pm

Pakistan

Nestlé Pakistan steps up efforts for waste-free Hunza

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

Published 23 Jan, 2021 03:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.30
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.25
Euro to USD / Apr 18	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
Nasdaq / Apr 17	15683.37
Dow Jones / Apr 17	37735.31
India Sensex / Apr 18	72965.85
Tokyo Nikkei / Apr 18	38103.03
Hang Seng / Apr 18	16452.30
FTSE 100 / Apr 18	7883.62
Germany DAX 30 / Apr 18	17795.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 17	215964
Crude Oil USD/Barrel / Apr 18	82.77
Gold Spot USD/Ounce / Apr 18	2374.98
Cotton US¢/pound / Apr 18	81.50
Petrol/Litre / Apr 19	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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