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Nestlé recalls infant formula batches over contamination risk

Business World Philippines

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January 08, 2026

Nestlé said it was recalling some batches of its infant nutrition products, including SMA, BEBA and NAN formulas, mostly in Europe, due to possible contamination with a toxin that can cause nausea and vomiting.

The recall, which began on a smaller scale in December, adds pressure on new Chief Executive Officer Philipp Navratil, who is seeking to revive growth through a portfolio review after a period of management upheaval.

Nestlé, which makes products ranging from KitKat to Nescafé, said late on Monday that no illnesses had been confirmed in connection with the recalled products.

After a quality issue was detected in an ingredient from a leading supplier, Nestlé undertook “testing of all arachidonic acid oil and corresponding oil mixes used in the production of its potentially impacted infant nutrition products,” a Nestlé spokesperson said.

MEER VERHALEN VAN Business World Philippines

Business World Philippines

City Savings Bank and Khan Academy empower Filipino teachers through AI-powered tools

CITY SAVINGS BANK (CitySavings) has officially partnered with Khan Academy Philippines to strengthen professional development for teachers across the country.

time to read

1 mins

January 12, 2026

Business World Philippines

Business World Philippines

Payrex taps Billease to bring Buy Now, Pay Later to Philippine merchants

PAYMENT GATEWAY startup Payrex is teaming up with Billease, one of the Philippines’ fastest-growing Buy Now, Pay Later (BNPL) platforms, to make flexible payment options available to thousands of online and offline merchants through a single API integration.

time to read

1 min

January 12, 2026

Business World Philippines

Musk's X sues music publishers over alleged licensing conspiracy

Elon Musk’s X Corp. sued 18 major music publishers and a leading US music industry trade association on Friday, alleging they conspired to block competition and force the social media platform to purchase licenses for musical works at inflated rates.

time to read

1 mins

January 12, 2026

Business World Philippines

North Korea’s Kim Yo Jong urges South Korea to investigate drone incidents

North Korea’s Kim Yo Jong, the powerful sister of leader Kim Jong Un, urged South Korea to investigate recent drone incidents over North Korean airspace, in a statement carried by state media KCNA on Sunday.

time to read

1 min

January 12, 2026

Business World Philippines

The teachings of Warren Buffett

At the end of last year, Warren Buffett retired as the Chief Executive Officer of Bershire Hathaway after 60 years of service.

time to read

4 mins

January 12, 2026

Business World Philippines

Oil prices rise as market weighs supply risks and Venezuela deals

Oil prices rose 2% on Friday on growing supply worries linked to intensifying protests in oil-producing Iran and an escalation of attacks in Russia’s war in Ukraine.

time to read

1 mins

January 12, 2026

Business World Philippines

Revised military modernization plan sought

A PHILIPPINE congressman on Sunday urged Congress to approve a successor to the country’s military modernization law, set to expire in 2027, saying early action is needed to maintain defense readiness amid South China Sea tensions.

time to read

1 mins

January 12, 2026

Business World Philippines

Hyundai partners with Knowell to donate school bags

HYUNDAI MOTOR Philippines, Inc. (HMPH) successfully concluded its “Hope in a Bag” project in collaboration with Knowell PH, a local brand that produces bags from sustainable materials.

time to read

1 min

January 12, 2026

Business World Philippines

Business World Philippines

Domestic preference for molasses expected to boost sugar industry

SUGAR PRODUCERS said the requirement that molasses users prioritize domestically produced supplies over imports will boost farmer profits and improve competition among importers.

time to read

1 mins

January 12, 2026

Business World Philippines

Aboitiz Renewables wins safety awards at DOE-SHAPES conference

ABOITIZ RENEWABLES, Inc., the renewable energy arm of Aboitiz Power Corporation, received multiple recognitions at the 20th Energy Safety, Health, and Environment Conference by the Safety and Health Association of the Philippines Energy Sector (SHAPES) and the Department of Energy.

time to read

1 min

January 12, 2026

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