Tuesday 7 July 2015
 
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Nestle to invest $119m in new Dubai factory

Nestle said on Wednesday it will invest 112 million Swiss francs ($118.9 million) to build a coffee and culinary product factory in Dubai to keep pace with rising demand in the Middle East. The Swiss food group said in a statement

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Nestle to invest $119m in new Dubai factory

Nestle said on Wednesday it will invest 112 million Swiss francs ($118.9 million) to build a coffee and culinary product factory in Dubai to keep pace with rising demand in the Middle East. The Swiss food group said in a statement

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Nestle cuts 15pc of Africa workforce

Swiss food and drinks company Nestle is cutting 15 per cent of its workforce in 21 African countries because it says it overestimated the rise of the middle class, the Financial Times reported. "We thought this would be the n

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India seeks damages from Nestle after noodle scare

India's government has filed for damages from food group Nestle after a food scare involving reports of excess lead in Maggi noodles forced a nationwide recall, government officials said. "It's a serious matter concer

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Indian noodles banned in Bahrain

Bahrain has imposed a nationwide ban on a brand of Nestle instant noodles manufactured in India, a report said. The move follows a Health Ministry-ordered seizure of hundreds of packets of Maggi noodles, which reportedly found the

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After Nestle, India to widen checks to other noodle makers

India's food safety regulator has ordered state governments to check all noodle products made in the country after high lead levels were found in Nestle India's noodles. Several Indian states, including the city government

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New concept of healthy eating sparks mergers spree

A boom in "nutraceuticals" - food and drinks with potential health benefits - is paving the way for a rush of deals, as food and drug companies compete to dominate a market expected to be worth $280 billion by 2018. Cons

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Nestle plans to invest $138 million in Egypt

Swiss food giant Nestle plans to invest about EGP1 billion ($137.93 million) in Egypt in the next few years and believes economic reforms could deliver results, its regional CEO said on Monday. Political and economic instability t

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Nestlé launches ‘Creating Shared Value Prize’ nominations

Nestlé has launched the nominations for the 2016 Nestlé Creating Shared Value Prize, which will award the winners up to 500,000 Swiss fracs ($525,000). The investment could make a significant difference in helping to

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Saudi students complete Nestlé training programme

As many as 56 Saudi Arabian students graduated from the Nestlé Centre of Excellence’s training programmes for 2013 and 2014. About 40 per cent of the students, who graduated in five batches, were offered employment at

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