Bloomberg Nestle SA set new targets for profit growth in coming years and said it’s starting a strategic review of its Palforzia peanut-allergy business. Underlying earnings per share should rise 6% to 10% annually in constant currency through 2025, the maker of Nespresso capsules and DiGiorno meals said. Nestle said it’s reviewing options for Palforzia after a slower-than-expected performance, and …

  Bloomberg US shoppers have spent $6.3 billion so far on Cyber Monday, according to Adobe Inc, a robust showing that suggests steep discounts attracted inflation-stung shoppers. Cyber Monday spending will reach as much as $11.6 billion, making it the biggest online spending day ever, according to Adobe. “There is a ton of momentum coming into Cyber Monday, after a …

  Bloomberg Thailand reported a surge in serious Covid-19 infections and deaths, just as the Southeast Asian nation is seeing a rebound in foreign tourist arrivals that’s likely to gain further momentum into the holiday season. An average of 702 Covid patients were hospitalised a day, which was almost double the number from the start of the month, the Health …