Gut feeling: new CEO to steer Nestle down uncharted health path
Using them to cure disease and boost wellness is one of several bets KitKat maker Nestle is making in the field of health and nutritional science, as it seeks to offset slowing sales of traditional processed foods. Ulf Mark Schneider, a German medical industry veteran, is expected to speed the drive into health-oriented products when he becomes the first Nestle outsider chief executive in nearly a century in January. Schneider's hiring from healthcare firm Fresenius signals Nestle's commitment to pioneering the interface of food and medicine, in part by focusing on nascent areas like microbiome therapy, which has potential to boost human health and Nestle's margins.
Factbox: Nestle Health Science key investments(Reuters) - Nestle believes its Health Science unit will eventually generate annual sales of 10 billion Swiss francs ($10.3 billion). It already has sales of more than 2 billion francs.
Israelis, world leaders gather for Peres funeral
Obama arrives in Israel for Shimon Peres memorial service
TEL AVIV, Israel (AP) ? President Barack Obama flew to Israel Friday to pay his respects to Shimon Peres, the former leader whose six decades of work shaping this tiny nation into a powerful and industrious force generated tremendous respect from Obama.
The latest: Some violence, vandalism in police protests
Rosetta spacecraft set for comet crash
Europe's pioneering spacecraft Rosetta headed for a crash landing Friday on the comet it has stalked for two years, a dramatic end to a 12-year odyssey to demystify our Solar System's origins. Sent by ground controllers on a leisurely, 14-hour freefall, Rosetta was engaged in a last-gasp spurt of science-gathering on the 19-kilometre (12-mile) journey to its icy comet tomb. "Next stop #67P!" the European Space Agency (ESA) tweeted late Thursday, using a shortened version of Comet 67P/Churyumov-Gerasimenko's full name.
Survey: Chinese factories eke out expansion in SeptemberChinese factories have reported a slight expansion in activity for September as new orders picked up marginally, according to a private survey. The Caixin monthly purchasing managers' index released Friday ...
The Latest: Israel begins Peres funeral procession
World leaders gather for funeral of Nobel laureate Peres
World leaders from US President Barack Obama to Britain's Prince Charles gathered under tight security in Israel on Friday for the funeral of ex-prime minister and Nobel Peace Prize winner Shimon Peres. Security forces were on high alert for the funeral beginning at 9:00 am (0600 GMT) at Jerusalem's Mount Herzl national cemetery, with roads closed and thousands of officers deployed. Some 70 countries were to be represented, with the range of leaders illustrating the respect Peres gained over the years in his transformation from hawk to committed peace advocate.
Cardinals top Reds on Molina's disputed double in 9th inning