Showing 1 - 10 of 60
Asian stocks track bank-led losses on Wall Street
Business, Nuntawun Polkuamdee, Published on 18/10/2025
» RECAP: Asian stocks tracked losses on Wall Street yesterday, as worries about credit quality led to a rout in US regional banking shares. Concerns about trade tensions, a possible tech bubble and the US government shutdown also persisted.
Nestle sacks CEO over office relationship
AFP, Published on 02/09/2025
» GENEVA — Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subordinate".
Mahagitsiri family loses round in Nescafe battle
Kuakul Mornkum, Published on 18/07/2025
» The Mahagitsiri family has lost a round in its legal battle with Nestlé, with a court ruling that the original voting rules in their Nescafe joint venture in Thailand must be restored.
Nestlé launches B577m coffee lawsuit in Thailand
Business, Kuakul Mornkum & Somhatai Mosika, Published on 31/05/2025
» Nestlé has filed a lawsuit against its former business partners in Thailand for rights infringement of the Nescafé trademark.
Nestlé vows no quit in legal spat
Business, Somhatai Mosika, Published on 23/04/2025
» Nestlé insists it will fight to the end in a heated legal battle with the Mahagitsiri family, eventually stepping up to establish its own coffee production facility in Thailand, says a high-ranking source from the food and beverage conglomerate.
Creating a stir in instant coffee
Business, Kuakul Mornkum, Published on 19/04/2025
» The ongoing legal battle between Nestlé, the Swiss multinational food and drink processing conglomerate, and the Mahagitsiri family -- widely dubbed the "Nescafé godfather" by Thai media -- is causing a stir in Thailand's instant coffee market.
New hearing date set in Nescafé dispute
Post Reporters, Published on 17/04/2025
» The Min Buri Civil Court has set June 20 for a hearing on a petition by Nestlé in an increasingly bitter dispute over the Nescafé coffee business with its former Thai joint-venture partner.
How a key ingredient in Coca-Cola is smuggled out of Sudan
Business, Richa Naidu and Khalid Abdelaziz of Reuters, Published on 05/03/2025
» LONDON/DUBAI - Gum arabic, a vital ingredient used in everything from Coca-Cola to M&M's candy, is increasingly being trafficked from rebel-held areas of war-torn Sudan, traders and industry sources say, complicating Western companies' efforts to insulate their supply chains from the conflict.
Paetongtarn aims for investment at World Economic Forum
Mongkol Bangprapa, Published on 20/01/2025
» Prime Minister Paetongtarn Shinawatra will meet top executives from global private firms across five key sectors at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, aiming to boost Thailand's investment prospects.
Nestlé expands pet food output
Business, Kuakul Mornkum, Published on 24/04/2024
» Nestlé (Thai), a leading consumer goods manufacturer and marketer, has invested 6 billion baht in expanding its manufacturing facilities in response to the growing demand for pet care products.