European automakers have downsized SUVs and put all the luxury they can into premium subcompacts as they seek to dazzle consumers back into confidence after years of crisis, according to GulfNews.
At least six more ships are expected to shun Auckland before Sunday as the country’s largest container port lies crippled from the early days of a three-week strike, the NZ Herald reported.
Mukesh Ambani is Asia’s richest person with a net worth of USD$26.8 billion even after his shares in India’s top company by market value slid 18 per cent over the past 12 months, according to GulfNews.
A government-appointed advisory group has recommended the New Zealand government should develop “a fact-based narrative” of the nation’s “clean green” reputation to help exporters and other businesses secure deals abroad, according to Livetradingnews.com.
Global shipping is in one of its “deepest lulls in a long time” from which it could take years to recover, head of BP Shipping John Ridgway was quoted saying in a report by Stuff.co.nz.
Washington will receive financial support from the federal government in the US to support peach exports this year. The Washington Stone Fruit Commission has received US$250,000 to promote first time exports of peach, nectarine, apricot and jam, according to a report in Fresh Plaza.com.
Lack of funding, oversupply and poor freight rates are going make 2012 a “crisis” year for the shipping industry, says Andrew Broomhead, CFO of Hong Kong’s largest operator of dry-bulk vessels Pacific Basin, according to CNBC.
China’s e-commerce continues its rapid expansion with online sales turnover in 2011 rising by an annual 66 per cent to surpassed 780 billion yuan (USD$124 billion), according to Xinhua News.
Adidas said it would step up its compliance efforts in Japan after its unit there received a warning from the Fair Trade Commission saying it unlawfully pressured retailers to stop them from offering discounts on Reebok EasyTone sneakers, according to a Reuters report.
Nearly three decades ago, Nissan Motor Co. phased out the Datsun brand that had built a following around the world among buyers of small, inexpensive and sporty cars. Now, it is thinking of bringing it back, according to the Wall Street Journal.
Middle East airlines recorded double-digit traffic growth in January, posting a 14.5% increase which is by far the largest rate of growth for any region in the world and represents a return to the rates experienced in 2010, according to Arabian Aerospace.
Australian supermarket giant Woolworths says it’s gaining market share on this side of the Tasman, with New Zealand shoppers pumping close to $3 billion through the tills at its Countdown stores during the six months to January this year, the NZ Herald reported.
Perth-based cattle exporter International Livestock Exports has suspended shipments to an Indonesian abattoir after disturbing footage emerged this week of slaughter practices there, triggering an investigation by Australian authorities that could cost the company its export licence, according to StockandLand’s website.
Bioactive dairy lipids and proprietary probiotic strains have shown new benefits for gut health, allergy reduction and immune enhancement according to Foodworks.co.nz citing a research by Fonterra.
China, the biggest supplier of rare earths, may almost double exports this year and meet quotas set by the government as lower prices stimulate demand, according to a report in the Sydney Morning Herald.
Billions of litres of extra milk are expected to hit the global market once restrictions on European production are fully lifted, according to an NZ Herald report citing Rabobank.
Western Union Business Solutions, a business unit of the Western Union Company (NYSE:WU), a leader in global payment services, has found that by settling transactions with Chinese exporters in U.S. dollars (USD) instead of Chinese yuan (CNY) American businesses paid approximately USD$2.4 billion in fees to account for foreign exchange risk.
Prim’land, the leading French producer of kiwis, estimates that their production orchards will grow by more than a fifth within the next four years, underpinned by strong export sales, according to a report by FreshPlaza.com.
The US Grain Council expects sophisticated food demands of newly affluent consumers in China and other developing nations to cause major changes in US farming and food production.
Ford Motor is on track to double the number of dealerships in China by 2015, its country chief said yesterday, according to a report in Gulf News.com. The company recently launched its half-a-billion-dollar plant in a race to narrow the gap with foreign rivals in the world’s largest auto market.
European automakers have downsized SUVs and put all the luxury they can into premium subcompacts as they seek to dazzle consumers back into confidence after years of crisis, according to GulfNews.
At least six more ships are expected to shun Auckland before Sunday as the country’s largest container port lies crippled from the early days of a three-week strike, the NZ Herald reported.
Mukesh Ambani is Asia’s richest person with a net worth of USD$26.8 billion even after his shares in India’s top company by market value slid 18 per cent over the past 12 months, according to GulfNews.
Global shipping is in one of its “deepest lulls in a long time” from which it could take years to recover, head of BP Shipping John Ridgway was quoted saying in a report by Stuff.co.nz.
Washington will receive financial support from the federal government in the US to support peach exports this year. The Washington Stone Fruit Commission has received US$250,000 to promote first time exports of peach, nectarine, apricot and jam, according to a report in Fresh Plaza.com.
Lack of funding, oversupply and poor freight rates are going make 2012 a “crisis” year for the shipping industry, says Andrew Broomhead, CFO of Hong Kong’s largest operator of dry-bulk vessels Pacific Basin, according to CNBC.
China’s e-commerce continues its rapid expansion with online sales turnover in 2011 rising by an annual 66 per cent to surpassed 780 billion yuan (USD$124 billion), according to Xinhua News.
Adidas said it would step up its compliance efforts in Japan after its unit there received a warning from the Fair Trade Commission saying it unlawfully pressured retailers to stop them from offering discounts on Reebok EasyTone sneakers, according to a Reuters report.
Australian supermarket giant Woolworths says it’s gaining market share on this side of the Tasman, with New Zealand shoppers pumping close to $3 billion through the tills at its Countdown stores during the six months to January this year, the NZ Herald reported.
Perth-based cattle exporter International Livestock Exports has suspended shipments to an Indonesian abattoir after disturbing footage emerged this week of slaughter practices there, triggering an investigation by Australian authorities that could cost the company its export licence, according to StockandLand’s website.
Bioactive dairy lipids and proprietary probiotic strains have shown new benefits for gut health, allergy reduction and immune enhancement according to Foodworks.co.nz citing a research by Fonterra.
Billions of litres of extra milk are expected to hit the global market once restrictions on European production are fully lifted, according to an NZ Herald report citing Rabobank.
Western Union Business Solutions, a business unit of the Western Union Company (NYSE:WU), a leader in global payment services, has found that by settling transactions with Chinese exporters in U.S. dollars (USD) instead of Chinese yuan (CNY) American businesses paid approximately USD$2.4 billion in fees to account for foreign exchange risk.
Prim’land, the leading French producer of kiwis, estimates that their production orchards will grow by more than a fifth within the next four years, underpinned by strong export sales, according to a report by FreshPlaza.com.
The US Grain Council expects sophisticated food demands of newly affluent consumers in China and other developing nations to cause major changes in US farming and food production.
Ford Motor is on track to double the number of dealerships in China by 2015, its country chief said yesterday, according to a report in Gulf News.com. The company recently launched its half-a-billion-dollar plant in a race to narrow the gap with foreign rivals in the world’s largest auto market.
