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Nestle

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Nestle adapts as hoarding picks up in Asia, North Africa

By Richa Naidu, Canan Sevgili and Olzhas Auyezov LONDON/GDANSK/KAZAKHSTAN, Sept 21 (Reuters) - Seyda Bal, who works at a bank in Istanbul, is so anxious about the rising price of groceries that she's lapsed into a pandemic-era habit: hoarding packaged goods like coffee and toilet paper. "I buy a lot of basic foods such as oil, pasta, rice, tahini, molasses ...
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Bond issuance spree as U.S. companies rush before more rate hikes

By Shankar Ramakrishnan and Matt Tracy Sept 8 (Reuters) - Companies with the highest credit ratings in the world are engaged in a now-or-never U.S. dollar bond issuance spree to get ahead of a continued spike in borrowing costs and as liquidity in the market is expected to dwindle in the next few months. The first working day after a long holiday weekend saw 19 investment-grade rated companies raise $35.35 billion, the most to price in a single day this year, according to IFR/Refinitiv.
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Private label ousting big brands as cost of living crisis grows

By Richa Naidu LONDON, Aug 24 (Reuters) - Tomasz Łuksza, who took over his father's Polish confectionary business just over a decade ago, has a problem he's not unhappy about: European supermarkets want more gummy bears and chocolate-covered marshmallows than he can make. "We're seeing at least two times the demand of last year and we can't take all the orders," said Łuksza, managing director and owner of 3 Topole, which supplies the private label brands of French retail giant Carrefour CARR.P
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Unilever vowed to scrap polluting plastic packets, then fought to keep them

(For more Reuters Special Reports, click on ) By Joe Brock and John Geddie COLOMBO, June 22 (Reuters) - Two years ago, Unilever plc Chief Executive Alan Jope said his company would get rid of the tiny plastic packets it uses to sell single servings of shampoo, toothpaste and other basics because of the widespread pollution this packaging creates. These palm-sized pouches, known as sachets, are commonly associated with ketchup or cosmetics samples in wealthy countries.
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Plastic sachets: As big brands cashed in, a waste crisis spiraled

By John Geddie and Joe Brock June 22 (Reuters) - Tiny plastic packets known as sachets have allowed companies to tap millions of low-income customers in the developing world but also unleashed a global pollution crisis. A Reuters investigation has found that London-listed Unilever plc ULVR.L , a pioneer in selling sachets, has privately fought to derail bans on the problematic packaging despite saying publicly it wants to "get rid of" them.
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