Surge in prices mainly due to food inflation, up this year by 3.8 per cent.
The soup maker reported sales of $1.51bn.
Sales droped 1.1 per cent from $813.7m.
Hamburger chain is takeover target for 3G Capital.
Heinz sees 21 consecutive quarters of sales growth.
Joint venture to supply McDonald's US branches slated to create around 350 jobs.
The Danish brewing giant moves production north in bid to streamline production.
The US arm of the Dutch beer company has launched a luminous bottle
The US donut company will be bringing out the new products from now until 3 October
Japanese beer brewery to purchase all issued shares in P&N at A$364m
The spirits company's full-year profit rose 1.5 per cent, boosted by sales in emerging markets
US soup giant wants to absorb UK biscuit producing company
As part of its international expansion plan Starbucks has acquired complete control of its Brazilian
Pepsi is hoping to expand its eating and drinking options for customers in Vietnam.
Speculators are often blamed for spikes in food prices. But are they the slick-suited devils the med
Guatemalan culinary products and beverage company 'perfect fit' as Nestle looks to emerging markets
Despite expected rises of 4%, talk of 'Armageddon' is misplaced insists market research firm.
Cadbury buyout helps US giant boost revenue.
Russian move prompted by worst heatwave in well over a century.
Co-op rehires just 150 staff members at Somerfield's head office after takeover.
'The Natural Sweetness Company' set up as joint venture between UK sugar and international sweetener
At least 10 of the UK's biggest investors have stayed away as shares deemed too expensive.
Private equity firms in talks to land UK market leader.
Further woe for online grocery that has not made a pre-tax profit in its ten years in existence
Shares remain unsold amid scepticism about grocer's valuation.
Online grocer's IPO haul not predicted to reach the £1.1bn the company had sought.
Low calorie 'bulking agent' used in confectionary, ice cream and spreads to be released in Holland
Research analyst values online business at 60 per cent less than in-house estimates
US-based cereal maker forms R&D agreement with Japanese ingredients maker to create weight managemen