Nestle to hike food prices further in 2023; CEO

Nestle’s chief executive Mark Schneider told a German newspaper that the company will have to increase the prices of its food products further this year to make up for higher production costs that it has not yet fully passed along to customers. The increases won’t be as sizable as they were in 2022, but “we … Read more

Electric Ireland announces its third round of price hikes in five months

Electric Ireland has announced another price hike for electricity and gas customers for the third time in five months. The energy supplier will raise the standard pricing for gas and electricity, resulting in a 26.7 percent and 37.5 percent rise in monthly bills. The new prices will go into effect on October 1st. The largest … Read more