Perrier, Pellegrino, and a €3B Cash Infusion: Nestlé’s Turnaround Begins as Profit Slumps


‼️ 💦 Nestlé is selling a 50% stake in its water business to Platinum Equity for three billion euros to create a joint venture called Peranel. Nestlé’s first-half net profit fell 31% to 3.47 billion francs, which the company blamed on restructuring costs. Alpha Binwani Capital: “Nestle is oversold and we look to start accumulating”

Australia’s Private Sector Just Hit Its Fastest Pace Since January


‼️ 🇦🇺 Private sector activity in Australia accelerated in July 2026 to its highest level since January, propelled by a strong rebound in services activity and the first rise in new manufacturing orders in five months. The S&P Global Australia Manufacturing PMIinched up to 51.7 from 51.5 in the prior month, marking a fourth consecutive month of expansion