evidence: Nutella can give you lots of things -- like happiness or high blood sugar -- but cancer isn't one of them, according to the company that makes the hazelnut spread. Italian confectionery giant Ferrero is pushing back against a European study that suggests chemicals from palm oil -- an ingredient in Nutella and thousands of other packaged foods -- might pose a cancer risk to humans. So far, no food safety authority has said people shouldn't eat foods containing palm oil, Nutella or otherwise.