After more than a decade entering China, Nike has promoted China as its biggest market outside of the United States and is seeking to expand its product to lower-tier cities throughout the country, according to ChinaDaily.com.
Cathay Pacific has entered into a letter of intent with the Airbus Company to buy 30 Airbus A350-900 aircraft. The airline has also expressed its intention to exercise existing purchase rights in respect of six Boeing 777-300ER aircraft, according to a Transport Weekly.com report.
The World Trade Organization ruled Monday that Australia’s 89-year ban on imports of New Zealand apples is illegal, and ordered Canberra to comply with international commerce law.
A global lamb shortage equivalent to three-quarters of New Zealand’s production is looming, but the continued erosion of NZ sheep flock means the country is not in a position to satisfy that demand, according to the Otago Daily Times.
In the search for new market outlets for Corowise plant sterols, Cargill presented a dark chocolate shot at the Institute of Food Technologists (IFT) Food Expo in Chicago, according to BeverageDaily.com.
Chinese scientists claim to have developed a quick and simple colour change test to detect melamine in milk products, according to DairyReporter.com.
A UK consumer study has uncovered serious misunderstandings about what ‘organic’ food is, with one in four people admitting confusion and one in five believing organic food is lower in fat, according to FoodNavigator.com.
Bahrain plans to increase sheep imports by almost 60% during Ramadan to meet food supply demands, according to TradeArabia.com.
According to TradeArabia.dom, more than 95% of those who took part in a survey conducted by DuPont agreed that customer demand is a key driver for developing products with an enhanced environmental profile.
Sony and Panasonic, the world’s two largest makers of consumer electronics, are slashing some TV prices by a third in China after being outsold 6-to-1 by Shenzhen-based Skyworth, according to a report carried by ChinaDaily.com.
Vladimir Putin, Russian prime minister, announced a ban on all the country’s grain exports, effective within 10 days, after a severe drought devastated crops and wildfires spread across the country, according to the Financial Times of UK.
UAE-based Agthia Group, a leading FMCG firm, has signed a franchise agreement with Yoplait Group of France for exclusive rights to manufacture and distribute fresh dairy products under the Yoplait brand, according to TradeArabia.com.
Tanker shipping group Maersk Tankers will keep vessels docked if it cannot cover costs, the company’s chief was quoted by a Reuters report as saying.
New Zealand needs a ban on animal cloning, food from cloned animals and a verification process put in for imported foods to ensure compliance for New Zealand consumers, according to the Soil & Health Association of New Zealand.
Nekta Nutrition Ltd, an Auckland based functional food Research Company, beverage manufacturer and exporter has launched a new product with the potential to dramatically improve the New Zealand and Australian baking industries, the company says in a release
Austrian house builder Elk announced last week that it’s entering a new business sector by offering prefabricated hotels which can be built in just eight weeks and can be set up anywhere in the world, according to GulfNews.com.
Sudan will double its sugar output to at least 1.5 million tonnes a year to become a net exporter by 2014, part of a larger plan to catapult the African nation into the world’s top five producers, according to a Reuters report carried by TradeArabia.com.
Cathay Pacific has entered into a letter of intent with the Airbus Company to buy 30 Airbus A350-900 aircraft. The airline has also expressed its intention to exercise existing purchase rights in respect of six Boeing 777-300ER aircraft, according to a Transport Weekly.com report.
