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Nestlé upgrades its R&D center in Singapore

The Nestlé Group is upgrading its research and development (R&D) center in Singapore, which is celebrating its 40th anniversary this year. Laboratory facilities, demonstration kitchens, sensory testing areas, and the group’s basic research center will be included in the new facility. The amount of the investment was not disclosed. “The modernization of the
Economy News Shares

Unilever: first-half profit down

Unilever announced a 5% decline in first-half profit to 3.1 billion euros ($3.65 billion), which was partly driven by foreign exchange losses. Sales rose by a mere 0.3% to 25.8 billion euros (30 billion dollars), largely because of a negative currency effect. According to the group, sales would have been much higher with a constant […]