No trace of horse DNA in Nestle minced beef-Italy ministry

ROME Sat Feb 23, 2013 6:09am EST

ROME Feb 23 (Reuters) - Italy's Health Ministry said on Saturday that tests had found no trace of horse DNA in minced beef meals which Swiss food giant Nestle had to remove from shelves in Italy on Monday.

Italian authorities launched a large-scale seizure of affected beef products on Thursday after Nestle withdrew the meals sold under its Buitoni brand but the Ministry said in a statement the meat would be released following the tests.

"No trace of horse DNA has been found in Nestle cooked and frozen minced beef," the Ministry said in a statement. (Reporting By Catherine Hornby)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.