Nestle plans to return as much as €18bn to shareholders by 2022 and indicated an appetite for acquisitions to help chief executive Mark Schneider sustain faster growth and better profit margins.

A lightbulb moment by a US coffee executive while cruising in the Caribbean has created a boom product, writes Jennifer Caplan.

Almost two-thirds of children are not drinking enough at breakfast time to be properly hydrated, a study has claimed.

Food giant Nestle may sell its French mineral water brand Perrier after a union blocked a plan to cut almost 800 jobs.