The shale revolution that made the United States the world's top oil producer is taking shape in the Arabian Desert.

Unconventional gas development key to company's ambitions to meet Saudi Arabia's rising demand as it switches away from oil in power generation ...

For brands in the GCC and wider Arab world, Ramadan is more than a sales season, it’s a cultural moment when audiences are ...

No illnesses have been reported, but parents are advised to watch for symptoms Nestlé has expanded a global recall of infant formula and follow-on formula to more than 50 countries after testing ...

Nestlé is facing a global health scandal, following the recall of a number of its infant formula products. The food and beverage giant issued the demand over concerns they contain a toxin which can ...

Nestle NESN0.68%increase; green up pointing triangle recalled specific batches of its SMA baby formula, citing the potential presence of cereulide bacteria. The food-and-drink maker, also behind ...

The company behind Nespresso and Kit Kat is undergoing a major change. Nestlé’s new CEO hasn’t wasted any time making his mark on the company. About six weeks after the consumer goods company fired ...

Nestle will cut 16,000 jobs, new CEO Philipp Navratil said Thursday, as the world’s largest packaged food company seeks to cut costs and win back investor confidence. The jobs being cut represent 5.8% ...

Nestlé SA’s new chief executive officer announced plans to slash 16,000 jobs only weeks after taking over, aiming to build on a stronger-than-expected increase in quarterly sales that lifted the Swiss ...

Nestle, the world’s largest packaged-food company, is trimming its workforce by 16,000 over the next two years as it seeks to "substantially" reduce costs under its new CEO Philipp Navratil. In the ...

Nestle, the Swiss food giant whose brands include Toll House cookies, Nespresso coffee, Gerber baby products and Perrier water, will eliminate 16,000 jobs worldwide over the next two years, its new ...

Nestlé SA's new CEO Philipp Navratil announced plans to slash 16,000 jobs to build on a stronger-than-expected increase in quarterly sales. The job reductions will occur over the next two years and ...