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KUALA LUMPUR: Nestle (M) Bhd saw its earnings grow 52.4% year-on-year (y-o-y) in its second quarter ended June 30, thanks to a lower effective tax rate, as well as a combination of higher turnover, favourable price trends in key raw materials and improved efficiency in the factories as well as the whole supply chain.
ZURICH: Swiss food giant Nestle SA named Ulf Mark Schneider as its next chief executive on Monday, underlining its shift towards health and wellness by poaching the boss of German healthcare group Fresenius.
Often my conversations with friends invariably touch on the aches in our backs, shoulders, necks and occasionally, joints.
KUALA LUMPUR: Global market research company Euromonitor International said the health and wellness industry had grown by 6.75% in current value terms and was expected to hit US$774bil in 2014.