Nestle chairman Paul Bulcke says he would not pursue short-term efforts at the expense of long-term success, in the face of scrutiny from shareholder activists who know how to “pressure-point you and tease.”

Swiss food giant Nestle is to invest over €25m in a “significant” expansion of its existing R&D centre in Co Limerick.

Three foreign suppliers of infant formula said today that China has fined them in a price-fixing investigation.

THE announcement last week of a €50m Government and industry research investment for the Alimentary Pharmabiotic Centre of food and medicine underlines its growing status as a national centre for food and medicine research excellence.

A Cork-based food and health research facility is to receive €50m in funding from the Government and private industry, with more than 100 jobs to be created by the investment.

WALKING around the west Limerick town of Newcastle West, there are two things that strike you— firstly, what a beautifully designed old fortress town it is and, secondly, just how can such a small population sustain an elite interiors shop like Objekt Design Space?