A Zimbabwean shopper picks up a packet of Nestle porridge in a shop in Harare. The Swiss food and drinks company is cutting 15 per cent of its workforce in 21 African countries. Photograph: Reuters/Philimon Bulawayo

Nestlé, the world’s largest food company, cut 15 per cent of its workforce in equatorial Africa amid slower growth of the continent’s middle class. Ne(...)

An Indian shopkeeper removes packets of Nestle Maggi instant noodles from the shelves in his shop in Siliguri. Nestle India is to destroy about 27,000 tonnes of the noodles, worth €44.4 million, following a sales ban imposed by India’s food safety regulator. Photograph: Diptendu Dutta/AFP/Getty Images

Nestlé India is to destroy about 27,000 tonnes of instant noodles, worth some €44.4 million, following a sales ban imposed by India’s food safety r(...)

Ryan Pandya (left) and Perumal Gandhi of US-based company Muufri which has discovered a way to produce animal-free milk

Amid all the post-milk quota hoopla, there is one firm whose production ambition would barely stretch to a bowl of cornflakes.US start-up Muufri may b(...)

In China, Kerry Group’s  formula brand Green Love Plus retails at a hefty €43 per kilo – almost four times the Irish price. Photograph: Dara Mac Dónaill

Ireland’s post-quota dairy plan, which targets a 50 per cent increase in milk production by 2020, is the most ambitious of any EU state. It’s based on(...)

Nestle products. Photograph: Bryan O’Brien/Irish Times

Nestle, the world’s biggest food maker, reported first-quarter revenue growth that exceeded analyst estimates as price increases offset weak sales of (...)

Nora Khaldi and Emmet Browne of Dublin-based bioinformatics company Nuritas.

Irish start-up Nuritas has appointed former Pfizer regional president Emmet Browne as chief executive.Mr Browne was previously the managing director o(...)

While milk prices have steadied in the first quarter of 2015, they are still some way off their peak.  Photograph: Nigel Marple/Reuters

Last year marked the end of a six-year, China-driven boom in milk prices. Beijing’s stockpiling of milk powder, Russia’s trade response to western sa(...)

French food group Danone forecast underlying sales growth of up to five percent this year despite deflation in Europe and difficulties in Russia, its top market.  Photo: Bloomberg

French food group Danone forecast underlying sales growth of up to five percent this year despite deflation in Europe and difficulties in Russia, its (...)

 Nestle, the world’s biggest food company, reported the slowest annual sales growth in five years, hit by stagnant revenue in China. Photo: Bryan O’Brien/The Irish Times

Nestle, the world’s biggest food company, reported the slowest annual sales growth in five years, hit by stagnant revenue in China, its second-largest(...)

Michele Ferrero, creator of chocolate-like spread Nutella and Italy’s richest man, has died after a long illness just two months short of his 90th birthday.

Michele Ferrero, creator of chocolate-like spread Nutella and Italy’s richest man with a fortune estimated at about $23.4 billion, has died after a lo(...)