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Nestlé Using Insect Protein In Purina Pet Food

Nestlé's Purina brand is launching a line of pet food using insects, as the world's biggest food group tests more environmentally sustainable protei...

Kerry Group Shows 'Strong Recovery' In Third Quarter

Kerry Group has reported a strong recovery in its business performance in the third quarter, its latest financial results show. In a trading update for...

Estée Lauder Tops Estimates On China Demand, Online Boost

Estée Lauder Cos Inc beat analysts' estimates for quarterly sales and profit on Monday, benefiting from strong Chinese demand and a surge in online...

Nestlé Buys US Meal Delivery Group Freshly

Food group Nestlé has announced that it has acquired US meal delivery company Freshly in a deal valuing it at $950 million (€815.9 million...

Penneys-Owner Sees €416.6m Loss Of Sales From Lockdowns

Associated British Foods, the owner of clothing retailer Primark, which trades as Penneys in Ireland said it estimated it would lose €416.6 milli...

AB InBev CEO Dismisses Speculation He Is Stepping Down Soon

Anheuser-Busch InBev's long-time chief executive Carlos Brito dismissed speculation about an imminent departure, telling Reuters that he expected...

Glanbia Reports Improving Trends In Q3 2020

Dairy and nutrition firm Glanbia has posted a 3.1% increase in like-for-like sales in the third quarter of its financial year (+1.0% reported), after what...

Brewer Heineken Uncertain About Year-End After Summer Recovery

Heineken NV performed better than expected over the June-September quarter with a surprising increase in beer sales in the Americas, but said the COVID-19...