Quick Take — 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

The Mediterranean is one of the most polluted areas in the world. The report: ‘Up to 23 metres of coastline eroded, beaches and cities at risk’

What perhaps worries the experts most, however, is the speed at which the sea level is rising: about 2.8 mm per year, twice the 20th century average. The trend is expected to continue at a rate that will depend on future greenhouse gas emissions. By the end of the century, sea levels could rise by more than a metre, leading to increased coastal flooding. “Relative sea level rise has already increased the frequency of flooding in the historic centre of Venice,” confirms the report