Nestle

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US President Unveils Clean Power Plan to Beat Climate Change

US President Barack Obama has unveiled a new plan to cut greenhouse gas emissions from coal-fired power plants at home, international media outlets reported.

Whereas an earlier version of the plan required a 30% cut in carbon dioxide emissions by 2030, compared to 2005 levels, the new version increases that target to 32%.

Croatia to Help Fund Podravka's Global Expansion

The Croatian government on Wednesday increased its capital in the partly state-owned food company Podravka by 5.6 million euro.

In this way, Podravka will be able to release an additional 141,000 new shares on the market, helping it to raise the capital it needs to complete the full acquisition of the Slovenian food company Zito, after buying 51.5 per cent of its shares in April.

Food giant Nestle challenging regional crises

Reorganized geographically at the beginning of the year, Nestle is challenging a number of regional problems, as the confectionery giant bids to remain strong in the Russian market despite the depreciation of the ruble, while it also continues its business in war-torn Syria, according to Nestle executive Luis Cantarell.

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