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Stock Market & Financial Investment News

News Breaks
June 22, 2014
17:54 EDTNSRGYNestle looks to increase amount of direct commodity purchases, Reuters says
Nestle wants to increase the amount of commodities it buys directly, especially coffee and cocoa, as the Swiss food giant looks to keep a tight grip on quality and supply chains, says Reuters. Reference Link
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August 30, 2015
18:54 EDTNSRGYNestle responds to 'slave labor' claims, AP says
In the wake of a U.S. class action lawsuit alleging that Nestle knowingly relied upon slave labor, the company commented that "forced labor has no place in our supply chain," reports the Associated Press, citing an emailed statement from Nestle. The Associated Press notes that Nestle's email didn't outright deny the claims. Reference Link

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