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Nestle pushes into China faux-meat market to spur sales

Bloomberg Nestle SA is jumping into the fake-meat business in China, seeking to revive weakening sales there by grabbing market share in the nation. The Swiss company introduced a range of plant-based meat alternatives in China under its Harvest Gourmet brand. Six options including kung pao chicken and braised meatballs will be available later this month on Alibaba Group Holding ...

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Sweden proposes ‘Covid law’ to let it shut down businesses

Bloomberg Sweden’s government proposed a law that would give it the power to close stores in response to a worsening pandemic. The bill, which would allow the minority coalition to cut shops’ opening hours and limit footfall, is due to take effect in March if it makes it through the consultation process, Minister of Health and Social Affairs Lena Hallengren ...

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GM, Ford seen lagging Paris climate target

Bloomberg The vast majority of the world’s largest transport companies, including General Motors (GM), Ford Motor and British Airways owner IAG, are taking insufficient action to limit global warming to within 2 degrees Celsius, according to a report backed by money managers overseeing about $22.8 trillion. Only 18% of airline, car and shipping companies have set carbon-reduction plans in line ...

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