Maggi Controversy: Nestle in Damage Control, Shares Recover

Nestle shares staged a sharp recovery on Friday after falling by as much as 5 per cent in morning deals. The company's global CEO held a press conference to address concerns around Maggi noodles, which has been under country-wide scrutiny for high lead content and mono-sodium glutamate or MSG, a taste enhancer. "Maggi noodles are safe for consumption... We follow the same quality standards, safety procedures everyone in the world," ...