Russian authorities have seized the businesses and assets of Swiss food giant Nestle and three French groups, a move the Kremlin defended today as a justified measure against firms representing “unfriendly countries” that back Ukraine. A decree signed by President Vladimir Putin transferred the Russian operations of Nestle, French retailer Auc...
•Sacked Nestle CEO Laurent Freixe Swiss food giant Nestle yesterday dismissed Laurent Freixe as chief executive with immediate effect over an “undisclosed romantic relationship with a direct subordinate”. The multinational behind Nespresso coffee capsules and KitKat chocolate bars said Freixe’s dismissal followed an investigation, reports AFP....

