Nestlé Chairman Peter Brabeck-Letmathe discusses the future for water sustainability, and the risks from rising demand for energy and food.» Read More
U.S. stocks are heading lower this morning as oil prices climb on OPEC developments. Today's headlines from OPEC, brokerage profits, and takeover activity will all get attention but stocks are looking for direction as a year of strong gains begins to wind down. Asian stocks closed higher, with Japan at a seven month high on the weakening yen. European stocks are higher.
Swiss food group Nestlé could be set to take-over Gerber Products, the baby food maker owned by Novartis, the Wall Street Journal reported Wednesday.