Nestle SA

European shares slipped on Wednesday as losses in defensive sectors outweighed optimism over encouraging quarterly results from consumer giant Nestle and telecoms equipment maker Ericsson.

Nestle <NESN.S> has kicked off the sale of its North American water brands including Pure Life and Poland Spring, according to four sources familiar with the matter, as the world's largest food group continues to exit slow-growth businesses.

Aimmune Therapeutics Inc <AIMT.O> shareholders have backed Nestle's <NESN.S> $2 billion offer to gain full ownership of the first U.S.-approved peanut allergy treatment, which has struggled with a slow launch due to the COVID-19 pandemic.

Coca-Cola, Nestle and PepsiCo, the world's top three plastic polluters according to a yearly brand audit by NGO Break Free From Plastic, have struggled for decades to increase the share of recycled plastic in their packaging.

(This September 29 story refiles to read "stocked" in paragraph six)

Demand for plant-based foods has picked up during the coronavirus crisis as consumers try to eat more healthily and problems at some factories have hit meat supplies, the head of Swiss food giant Nestle <NESN.VX> said on Monday.

Nestle will do more acquisitions, also big ones, the food giant's chief financial officer said on Wednesday.

Nestle will do more acquisitions, also big ones, the food giant's chief financial officer said on Wednesday.

Nestle <NESN.S> has increased the share of recyclable or reusable packaging for its products to 87%, making progress toward its 100% goal by 2025, and gave examples of innovation to cut plastic waste in a media briefing on Monday.

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Nestle <NESN.S> will pay $2 billion to buy the remaining stake in Aimmune Therapeutics Inc <AIMT.O>, gaining full ownership of the first U.S.-approved peanut allergy treatment which has struggled with a slow launch due to the COVID-19 pandemic.

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Food giant Nestle <NESN.S> is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout, hoping that consumers eating at home during the COVID-19 pandemic will stay eager to try new products.

Nespresso, part of food giant Nestle , said on Wednesday it had launched a new range of organic coffee sourced from the fertile volcanic slopes of eastern Democratic Republic of Congo, a former growing region blighted by decades of violence and war.

Nestle <NESN.S> will keep making sure earnings and sales growth remained balanced, its chief executive told investors on a call after the food group posted better-than-expected results for the first half of 2020.

Nestle decided to give sales guidance for 2-3% underlying growth this year in order not to leave investors guessing, Chief Executive Mark Schneider told Reuters in a telephone interview on Thursday.

Nestle cut its full-year underlying sales growth forecast to 2-3% on Thursday, saying demand had slowed as customers worked their way through cupboards they stocked up with food at the start of coronavirus related-lockdowns.

Food group Nestle on Thursday cut its full-year underlying sales forecast after strong consumer stockpiling at the start of coronavirus related-lockdowns in Europe and North America was followed by weaker demand in the second quarter.

The U.S. Supreme Court will decide whether American corporations can be sued for alleged human rights abuses occurring abroad under a 1789 law, agreeing on Thursday to hear appeals by two companies - Cargill Inc and a Nestle SA subsidiary - accused of knowingly helping perpetuate...