Nestle SA (NSTR.L) Thursday highlighted the prospect of global water shortage and its cascading impacts in the World Economic Forum in Davos, Switzereland..
Speaking on behalf of the company, Chairman Peter Brabeck-Letmathe has highlighted the global water shortage in a speech at the Forum.
He warned that the water shortfall over the next two decades will reduce global cereal production by a third and could trigger social unrest.
The water shortage would intensify competition between countries for access to water, he said.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.