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In a landmark update to the global food industry, Nestlé (NESN.S) has reported better-than-anticipated annual sales growth, surpassing market expectations and signaling some positive momentum despite a difficult operating environment. However, the world’s largest packaged food company, known for iconic brands like Nescafé and Maggi, has cautioned that its profit margin will shrink in 2025, […]
In a bold move aimed at streamlining operations, Adidas, the renowned global sportswear company, is set to cut up to 500 jobs at its headquarters in Herzogenaurach, Germany. This announcement, coming from a source familiar with the situation, marks a significant step in the company’s ongoing efforts to adjust its workforce and align with the […]
