Fecal traces

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Oct. 9, 2024

Inside the Perrier factory in Vergèze, France. Photographer: Maria Contreras Coll Note to readers: Starting Monday, The Big Take newsletter will be replaced by our new Morning Briefing newsletter, bringing you what you need to know every morning followed by context and analysis on news of the day each evening with our Evening Briefing newsletter. Plus, our new Weekend Edition on Saturdays.

Read the story Perrier is one of the world's best-known mineral waters, found in boardrooms and high-end restaurants across the world. But traces of fecal matter and pesticides in the water where Perrier is sourced have put the billion-dollar brand under scrutiny. There's no suggestion that Perrier is unsafe — Nestlé Waters France reaffirmed that its safety and quality have always been guaranteed. But its challenges come as the broader $300 billion global water business is also facing a more fundamental question: Does it make ecological sense to transport millions of bottles across the globe instead of sourcing water locally? Read The Big Take.

Listen to the podcast Adrian Cheng seemed poised to take over New World Development, his family's $20 billion property empire. But last month, in a surprising twist, he was replaced as CEO by someone outside of his family.  On today's Big Take Asia Podcast, Bloomberg's Shawna Kwan talks to host K. Oanh Ha about what the succession drama could mean for the future of one of Hong Kong's major property developers — and the ripple effects for other family dynasties in the region. Subscribe and listen on iHeart, Apple and Spotify.

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