News

Ocean freight rates will struggle to go higher?
The conditions that enabled container lines to sharply boost rates at the beginning of 2010 are "noticeably absent" for the next round of increases, the report said.
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Puratos' new enzyme for partly-baked food
Part-baked frozen bakery products allow bakers to fulfil demand for freshly baked bread at short-notice by rebaking a partially baked product to form colour and crust.
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Anti-rust plastic packaging from Leland
Leland – the packaging company -- says its Ultimate VCI Protection bags offer a simpler and more environmentally friendly alternative to the traditional method of preventing rust, which is to spray them with oil.
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Disney's new packaging for Winnie-the-Pooh toy
Designers have completely redesigned the Winnie The Pooh packaging, according to the report. The doll now sits in a saddle instead of a box. The product information previously printed on the box is now produced on a small paper tag. The doll still maintains the same distinctive sitting pose on the...
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China economy seen growing 10% in 2011
The Chinese Academy of Social Sciences also forecast that inflation would remain moderate, with the consumer price index rising 3.3% next year, up a touch from an expected 3.2% this year.
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Let your baby sleep on the very best nursery furniture from New Zealand
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PepsiCo to buy 66% of Wimm-Bill-Dann Foods for US$3.8 billion
A deal will raise PepsiCo’s annual global revenues from nutritious and functional foods from about $10 billion to nearly $13 billion, taking it a step closer to its $30 billion target by 2020.
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NZ domestic airfares rise
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Groupon turns down Google buyout offer
The proposed acquisition reportedly fell through amid hesitation by Groupon's founders. The start-up will decide next year whether to sell shares in a float instead, a source said. The discussions could resume if both sides overcome their differences.
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Qatar World Cup award to kickstart construction
Qatar's successful bid to host the 2022 soccer World Cup will speed up its construction programme and boost property prices, with contractors expected to flock to the Gulf state to snap up projects worth billions of dollars, according to Trade Arabia News Service.
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Ghana and Qatar to set up food project
Gulf states suffered when international food prices spiked to record levels in 2008, forcing up their import bills. They have since sought to lease and buy farmland in developing nations to improve security of food supplies.
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Emirates Air has world's largest long-haul fleet?
Emirates owns 155 long-haul aircraft which is the highest number by any airline in the world, according to the report.
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UAE wants single currency for Gulf states
The country’s minister of economy Sultan Al Mansouri was reported saying the heads of state of the six-nation Gulf Cooperation Council (GCC) would discuss the monetary union when they hold their annual summit in Abu Dhabi on Tuesday (Dec7, 2010).
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Tapware for the USA
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International Freight with New Zealand Post
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