Nestle Archives - theprimarymarket.com Thu, 19 Oct 2023 09:35:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 Stocks Fall Amid Weak Earnings and Rising Yields https://theprimarymarket.com/stocks-fall-amid-weak-earnings-and-rising-yields/ Thu, 19 Oct 2023 09:30:00 +0000 https://theprimarymarket.com/?p=4730 Global stocks declined on Thursday as Treasury yields continue to rise and weak corporate earnings dissuade investors. Futures on the S&P 500 and Nasdaq 100 edged lower by 0.1% as did those on the Dow Jones Industrial Average. In Europe, the Stoxx 600 index slumped by 0.8% while the MSCI Asia Pacific Index plunged 1.4% lower. […]

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Global stocks declined on Thursday as Treasury yields continue to rise and weak corporate earnings dissuade investors. Futures on the S&P 500 and Nasdaq 100 edged lower by 0.1% as did those on the Dow Jones Industrial Average. In Europe, the Stoxx 600 index slumped by 0.8% while the MSCI Asia Pacific Index plunged 1.4% lower.

10-year US Treasury Yields rose for a fourth consecutive day, edging closer to the 5% mark for the first time since 2007. This has prompted Federal Reserve officials to insist on backing a strict fiscal policy.  Federal Reserve Bank of New York President John Williams explained that interest rates are required to remain steep “for some time” in order to lower inflation to the central bank’s 2% target.

“Despite improving inflation numbers, there is a conflict as Treasury yields are rising, leading to uncertainty about the future of monetary policy,” economists at Rand Merchant Bank in Johannesburg, South Africa explained.

The post Stocks Fall Amid Weak Earnings and Rising Yields appeared first on theprimarymarket.com.

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Nestle to Invest $100 Million in Colombian Operations https://theprimarymarket.com/nestle-to-invest-100-million-in-colombian-operations/ Sun, 29 Jan 2023 06:56:00 +0000 https://theprimarymarket.com/?p=2325 Global food and beverage processing company Nestle is set to invest $100 million over the next three years in its business in Colombia, President Gustavo Petro announced on Friday. This investment is part of President Petro’s efforts to boost industrialization. “Industrializing Colombia is essential if we want to get out of poverty,” Petro stated in […]

The post Nestle to Invest $100 Million in Colombian Operations appeared first on theprimarymarket.com.

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Global food and beverage processing company Nestle is set to invest $100 million over the next three years in its business in Colombia, President Gustavo Petro announced on Friday. This investment is part of President Petro’s efforts to boost industrialization. “Industrializing Colombia is essential if we want to get out of poverty,” Petro stated in a Twitter post announcing the deal.

Nestle’s investment plan includes allocating funds to increase its production capacity at plants located in the country as well as updating the technology used in its Colombian operations.

This latest investment decision comes after the world’s largest food and beverage producer invested $13 million in the South American nation, thereby advancing Colombia’s industrial growth agenda.

While Nestle has not been reached for comment, Laurent Freixe, Nestle’s top executive for Latin America, was previously quoted as saying that the company’s investment plan in Colombia would enable it to strengthen its product portfolio while aligning with government priorities such as youth employment.

The post Nestle to Invest $100 Million in Colombian Operations appeared first on theprimarymarket.com.

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ersion="1.0" encoding="UTF-8"?> Nestle Archives - theprimarymarket.com Thu, 19 Oct 2023 09:35:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 Stocks Fall Amid Weak Earnings and Rising Yields https://theprimarymarket.com/stocks-fall-amid-weak-earnings-and-rising-yields/ Thu, 19 Oct 2023 09:30:00 +0000 https://theprimarymarket.com/?p=4730 Global stocks declined on Thursday as Treasury yields continue to rise and weak corporate earnings dissuade investors. Futures on the S&P 500 and Nasdaq 100 edged lower by 0.1% as did those on the Dow Jones Industrial Average. In Europe, the Stoxx 600 index slumped by 0.8% while the MSCI Asia Pacific Index plunged 1.4% lower. […]

The post Stocks Fall Amid Weak Earnings and Rising Yields appeared first on theprimarymarket.com.

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Global stocks declined on Thursday as Treasury yields continue to rise and weak corporate earnings dissuade investors. Futures on the S&P 500 and Nasdaq 100 edged lower by 0.1% as did those on the Dow Jones Industrial Average. In Europe, the Stoxx 600 index slumped by 0.8% while the MSCI Asia Pacific Index plunged 1.4% lower.

10-year US Treasury Yields rose for a fourth consecutive day, edging closer to the 5% mark for the first time since 2007. This has prompted Federal Reserve officials to insist on backing a strict fiscal policy.  Federal Reserve Bank of New York President John Williams explained that interest rates are required to remain steep “for some time” in order to lower inflation to the central bank’s 2% target.

“Despite improving inflation numbers, there is a conflict as Treasury yields are rising, leading to uncertainty about the future of monetary policy,” economists at Rand Merchant Bank in Johannesburg, South Africa explained.

The post Stocks Fall Amid Weak Earnings and Rising Yields appeared first on theprimarymarket.com.

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Nestle to Invest $100 Million in Colombian Operations https://theprimarymarket.com/nestle-to-invest-100-million-in-colombian-operations/ Sun, 29 Jan 2023 06:56:00 +0000 https://theprimarymarket.com/?p=2325 Global food and beverage processing company Nestle is set to invest $100 million over the next three years in its business in Colombia, President Gustavo Petro announced on Friday. This investment is part of President Petro’s efforts to boost industrialization. “Industrializing Colombia is essential if we want to get out of poverty,” Petro stated in […]

The post Nestle to Invest $100 Million in Colombian Operations appeared first on theprimarymarket.com.

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Global food and beverage processing company Nestle is set to invest $100 million over the next three years in its business in Colombia, President Gustavo Petro announced on Friday. This investment is part of President Petro’s efforts to boost industrialization. “Industrializing Colombia is essential if we want to get out of poverty,” Petro stated in a Twitter post announcing the deal.

Nestle’s investment plan includes allocating funds to increase its production capacity at plants located in the country as well as updating the technology used in its Colombian operations.

This latest investment decision comes after the world’s largest food and beverage producer invested $13 million in the South American nation, thereby advancing Colombia’s industrial growth agenda.

While Nestle has not been reached for comment, Laurent Freixe, Nestle’s top executive for Latin America, was previously quoted as saying that the company’s investment plan in Colombia would enable it to strengthen its product portfolio while aligning with government priorities such as youth employment.

The post Nestle to Invest $100 Million in Colombian Operations appeared first on theprimarymarket.com.

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