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Nestle will invest 2 billion reais ($392.73 million) in ​its nutrition and health division in Brazil ‌through 2028, including 600 million reais for a new infant formula factory in Minas Gerais ​state, the company said on Thursday.

Nestle will sell its mainstream vitamins, supplements and minerals business to Yellow Wood Partners, the latest move to tighten its portfolio and focus on core categories.

Nestle said ​on Tuesday ‌it has agreed ​to divest ​its mainstream vitamins, ⁠minerals ​and supplements ​business to U.S.-based Yellow ​Wood ​Partners for $1 billion.

Indian authorities have raided an illegal operation in Mumbai that faked expiry dates and nutritional information on ​popular food export products manufactured by PepsiCo , Nestle , Coca-Cola and Unilever , seizing goods worth nearly $80,000.

Raw coffee costs have eased from last year's highs, but remain historically elevated.

Nestle wants India to consult with companies when drafting rules for front-of-pack health labelling on food ‌and drinks to ensure it is done "scientifically," its chief executive said, amid a public debate on the lack of such measures in the country.

A little-known Russian company has asked President Vladimir Putin to place the Russian assets of Swiss food group Nestle under temporary administration, the Kommersant newspaper ​reported on Monday, citing a source familiar with the matter.