Friday 25 April 2014

Nestle 'to get rid of bad brands'

Nestle hinted on Tuesday it was getting closer to disposing of bad brands and shaking up its portfolio to deal with businesses that have underperformed for too long. The company's chief executive Paul Bulcke told investors Nes


Egypt shuts Mediterranean ports

The Egyptian port of Alexandria and nearby Dekheila port closed on Monday because of high winds and waves, the state news agency Mena said. The port authorities close the entrances to the ports during bad weather to prevent accidents.

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