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Nestlé wants to spin off its water division and Unilever wants to sell its ice creams
Nestlé's sales growth forecast for 2024 - after two cuts - fell to 2%. Emerging markets are not what they used to be. Products have reached a reasonable penetration and local brands are increasingly formidable competitors. In fact, Nestlé's sales growth in emerging markets, at almost 12 per cent in 2012, will drop to around 4 per cent this year. P.S.. : All the Italian press failed to report the water fraud perpetrated by Nestlé in France.
On Unilever read here: the ice cream business - which accounts for about 16 per cent of total sales - as part of CEO Hein Schumacher's turnaround plan, also includes cutting 7,500 jobs, mostly in Europe for now does not meet the interest of large private equity groups
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Walmart beats forecasts and inflation
Like-for-like sales in the US were up 5.3 per cent, with the number of transactions net of fuel up 3.1 per cent. Among the biggest drivers of sales were food products, where the number of units sold was the highest in four years, and pharmaceuticals, where Walmart reported an increase in sales of GLP-1 weight loss drugs. E-commerce sales in the US increased by 22%
What is amazing is that Walmart continued to expand its market share in the third quarter, with sales from households earning more than $100,000 a year accounting for three-quarters of the gains - in terms of share gains - in the US, CEO Doug McMillon told analysts.
compiled 19 November, updated 21 November 2024
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Mediterranean: clams and mussels at risk from climate change and blue crab
The main reasons, but not the only ones, seem to be two: climate change and the blue crab. The former affects the health of the waters with the presence of mucilage, increasing the vulnerability of coastal areas. The second, on the other hand, is an invasive species for fish farms. Enrico Caterino, special commissioner for the blue crab emergency, spoke about this at the hearing of the Environment and Agriculture Committees in the Chamber.
Let's remember that Europe warms up twice as fast as the world average
On blue crab read here
Compiled 15 November, updated 18 November 2024
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Italy stands out among the ‘most organic’ countries in Europe with 2.3 million hectares the Italian organic area represents 19.8% of the total agricultural area
This means that, thanks to organic farming, one fifth of Italian farmland is free of pesticides . In essence , organic is a niche market - which for various reasons has not been able to express its full potential - for example, the % of consumption in France is almost double (5.6%) that of Italy - but which has a strong positive impact on Italy's environment and thus also on our health.
Guido Venosta Foundation
P.S.: Italy ranks third for organic farmland only after France (2.9 million hectares) and Spain (2.7 million hectares)
