Tags » Nestle SA

Nestle bets $7 billion on Starbucks to revive its coffee sales

Starbucks Corp. is giving Nestle SA a shot at revitalizing its global coffee business.

In the third-biggest transaction in Nestle’s 152-year history, the Swiss food giant will spend US$7.15 billion for the right to market Starbucks-branded products from beans to capsules, marrying its international distribution network with the allure of arguably the biggest name in java. 636 more words


Nestle sells U.S. candy unit to Nutella maker Ferrero for $2.8 billion in push toward healthier foods

Nestle SA agreed to sell its U.S. confectionery unit to Ferrero SpA, the Italian maker of Nutella, for US$2.8 billion, in the first substantial step away from the candy industry by the company that invented milk chocolate. 338 more words


Five things you should know before you start your work day on Dec. 6

Good morning! Editor Nicole MacAdam (@nicole_mac1) here. A new report says Saskatoon has Canada’s most competitive business tax environment, Roots is eyeing a significant expansion, and the CBC launches an ad-free streaming service. 539 more words


Delissio has a new automated Twitter bot that will answer your pizza questions

There’s a new bot in town, and it wants to help you with your pizza problems.

Nestle’s Delissio pizza brand released the first Canadian-based food or beverage Twitter bot on Thursday. 219 more words

FP Tech Desk

Get ready for the ‘Day From Hell’ as $3 trillion of companies post earnings

If you think your Thursday looks bad, spare a thought for James Edwardes Jones. The RBC analyst is bracing for what he calls the busiest earnings day he’s experienced in about 20 years covering the consumer-goods industry. 532 more words