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Nestle

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

Markets

US bans palm oil imports from second Malaysian firm

Earlier this year, anti-trafficking group Liberty Shared had petitioned the CBP to ban imports from Sime Darby over concerns about labour abuse.

Published 31 Dec, 2020 09:33am

Markets

Sri Lankan shares end lower dragged by consumer discretionary stocks

Trading volume on the CSE All Share Index, when compared to the last full trading day, was at 116.52 million from 610.33 million.

Published 18 Dec, 2020 06:12pm

Business & Finance

Nestle to spend big to cut carbon emissions while preserving profits

“We believe we have sufficient operational and structural cost-savings initiatives under way to provide the room for these investments,” Chief Executive Mark Schneider told reporters on a call.

Published 04 Dec, 2020 10:12am

Business & Finance

Nestle buys U.S. meal delivery group Freshly

The purchase marks another deal for Nestle boss Mark Schneider, who has bought and sold around 50 businesses since taking over in 2017.

Published 31 Oct, 2020 10:12am

Business & Finance

Nestle to help develop dairy alternatives

Nestle said that "internal, external and mixed teams" would work at the R&D centre over six-month periods.

Published 29 Sep, 2020 02:27am

Business & Finance

Nestle on track to meet sustainable packaging goal

Regularly cited by environmental groups such as Greenpeace as one of the top plastic polluters.
Packaging plays an essential role in preserving the integrity and safety of our food. At the same time, plastic pollution continues to be a major issue around the world.

Published 07 Sep, 2020 07:18pm

Business & Finance

Nestle gets peanut allergy treatment with $2bn Aimmune buyout

Nestle said on Monday its offer for Aimmune values the California-based drugmaker.
Aimmune's shares more than doubled on Monday, just shy of Nestle's offer price of $34.50 per share.

Published 31 Aug, 2020 08:32pm

Markets

Nestle to snap up US allergy specialist Aimmune

The transaction is expected to be completed during the final three months of the year.

Published 31 Aug, 2020 06:07pm

Business & Finance

Global dividend plunge to be worst since financial crisis

Global dividend payments plunged $108 billion to $382 billion in the second quarter of the year, fund manager Janus Henderson has calculated, equating to a 22% year-on-year drop which will be the worst since at least 2009.

Published 24 Aug, 2020 10:30am

Business & Finance

Nestle launches vegan alternative to tuna

Known for Maggi soups and bouillon cubes, Nestle has been investing in plant-based food to make its prepared dishes unit trendier.
The new "Garden Gourmet" tuna made with pea protein will be available in glass jars in the chilled aisle of Swiss supermarkets and can be used in salads.

Published 20 Aug, 2020 05:39pm

Business & Finance

Nestle wants to keep earnings and sales growth in balance

"Over several years, what I would want to ensure is that combined with our internal growth, our earnings, earnings per share and dividend growth story doesn't get interrupted,"

Published 30 Jul, 2020 08:12pm

Markets

Nestle sees slower growth this year as stockpiling effect wanes

The Swiss giant lowered its expectations for organic growth this year to 2-3pc, from "more than 3.5pc" previously.

Published 30 Jul, 2020 05:32pm

Business & Finance

Nestle explores sale of Pure Life as part of water business review

Nestle's water business, which generated sales of 7.8 billion Swiss francs ($8.3 billion) and growth of just 0.2% last year.
In a statement on Thursday it said it was expecting to conclude a strategic review of the regional spring water brands.
Str

Published 12 Jun, 2020 12:14am

Business & Finance

Nestle confirms sale of Buitoni brand's North American business

It was confirming a report by the Wall Street Journal, which cited a person familiar with the situation as saying the deal values the Buitoni North American business at $115 million.
Yes this is correct," a Nestle spokesman said in response to a query

Published 09 Jun, 2020 01:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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