Nestlé

Swiss group says it will cease operations at Askeaton with likely loss of more than 500 jobs

Food giant says sharply lower demand in China for imported baby milk formula has forced it to reconsider its network

Sales jump nearly 9% in first half of 2023

Cost of world’s biggest food group’s products up almost 10% on average in first quarter

French luxury group’s share price rises as sector continues to benefit from China rebound

Multinational chief executives stress the importance of creating a more level playing field if China wants to attract more foreign investment

World’s biggest food company says it is first in the sector to disclose nutritional value of its global portfolio

World’s biggest food company aiming for better profitability after higher raw material, shipping costs led to weakest margins in four year

Firms are often doing little to tackle the more voluminous emissions generated by their products or their suppliers

Sales from the Wyeth factory in Askeaton fell 30%

Wall Street also struggled for gains amid unclear picture on corporate earnings momentum

Directors say growth was boosted by ‘high demand from lockdown consumers and all those working from home’

Nothing soothes more than a nice dinner at home. Here are three classics chez Paul Flynn

US president invokes wartime measures to secure supplies as parents fret over feeding their children

Nestlé, Diageo, Unilever slip between 2.7% and 4.5%

Latest move brings total amount to $43m

Consumer goods giant warns that more price increases are on the way as cost inflation forecast nearly doubles

The new generation of Irish life sciences and pharma companies played a significant role in the pandemic fight

Ryanair soars 5% as bullish forecasts from US carriers help aviation stocks take off

Insulation group says advisory firm ‘displays a misunderstanding’ of climate resolution

Planet Business: Fake Wonka bars, seized superyachts and an NFT-beating Picasso

French car-maker bows to pressure and walks away on major business in Russia

Swiss food giant bows to criticism of continued presence in Russian markets

Ukrainian government raises pressure on western firms still doing business in Russia

US vice-president Kamala Harris backs calls for war crimes investigation over invasion

H&M, Nike, Volkswagen, Toyota and Apple among many brands curtailing services or operations

Mayonnaise with ‘purpose’ has been mocked, but Hellmann’s Super Bowl ad works for now

Many large employers have blanket no-dog policies despite wider shifts in attitudes

Investment aims to enhance ethical credentials of food giant’s chocolate business

Joe Brennan: Behemoth has been struggling to grow its sales at same pace as rivals

Investor dissent forces company to drop bid for GlaxoSmothKline’s consumer products unit

Rising cost of polyethylene terephthalate threatens sustainability targets set by companies

BMW and Renault among climbers in Europe as tech companies slip on Wall Street

Owners are seeking to apply their dietary habits to household animals

‘Yo-yo day’ prevails on Dublin stock market

Investors weigh effectiveness of vaccines against Omicron variant

Cartier owner seen as underperforming in luxury sector

Revenues decreased in spite of volumes of infant formula to China remaining relatively consistent with 2019

Planet Business: Have a break, have an upgrade

Strong results from Swiss group boost food stocks, offsetting losses elsewhere