Major agri-food companies including Nestle , Ferrero and Olam Agri have warned that European Union delays to its anti-deforestation law are endangering forests worldwide.
Nestle (OTCPK:NSRGY) offers a compelling BUY opportunity, trading at a deep discount to historical P/E despite recent headwinds and governance turmoil. Nestle's wide-moat, brand strength, and global diversification provide resilience, with coffee, pet care, and health science divisions as key growth catalysts. Temporary challenges—stagnant volumes, inflation, and leadership changes—are outweigh...
Nestle's new chairman Pablo Isla, who helped to turn Zara owner Inditex into a world-leading fast-fashion retailer, can use his expertise in logistics, e-commerce, and consumer trends to try to revitalise the Swiss food company.
Nestle shares were indicated slightly higher on Wednesday after the Swiss food giant announced Chairman Paul Bulcke would hand over earlier than expected to former Inditex CEO Pablo Isla.
Laurent Freixe, 63, was sacked last week without severance pay after Nestlé confirmed he had engaged in an undisclosed affair with a direct report.
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