Nestle is raising prices, reformulating products and cutting items consumers are unwilling to pay more for as it tackles the effects of higher energy, freight and raw material costs following the conflict in the Middle East, CEO Philipp Navratil told Reuters on Wednesday.
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September 10, 2026 - 14:58
Nestle CEO says Middle East conflict driving inflation, higher supplier costs
By Pharos Investment Advisors Comments are Off
February 8, 2024 - 15:13
Finland’s Neste shares plummet on downbeat biofuel sales margin outlook
By Pharos Investment Advisors Comments are Off
Shares of Finland’s Neste plummeted on Thursday after the biofuels producer and oil refiner posted fourth-quarter operating profit below expectations and forecast a lower 2024 renewable products sales margin than last year’s.
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