A picture taken in Vevey on November 20, 2024 shows the headquarters of Swiss food giant Nestle. Nestle slid two percent on November 19, 2024, after new chief executive Laurent Freixe announced a plan to slash costs and have a standalone water and beverages business. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)

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