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

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‼️ 💦 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

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‼️ 🇦🇺 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

Trump’s Generic Drug Tariffs: ‘Cannot Be Absorbed,’ Prices to Rise in Lockstep

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‼️ 💊 U.S. President Donald Trump’s proposed tariffs on generic drugs will increase the price of these medicines for patients in the country, Erez Israeli, the chief executive of Indian drugmaker Dr. Reddy’s Laboratories said. Generic drugs are a low-margin business and “this kind of level of tariff cannot be absorbed” by the company, Israeli said, adding it will lead to prices increasing “in the magnitude of the tariff.”