News

EU dairy sector to focus on cheese for growth
Dairy processors in the EU are turning to cheese in an effort to put the market turbulence of a year ago behind them, according to DairyReporter.com. A recovery in global demand, a weaker Euro, and better margins are expected to conspire to prompt an increase in cheese production this year.
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Enviromentally friendly products to India
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French National Assembly moves to ban BPA bottles for babies
The French National Assembly has approved a proposal to ban manufacturing, importing and exporting and selling of baby bottles made of BPA-based products, according to FoodProductionDaily.com.
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Initial research finds plastic packaging unsuitable for wine
New research from the Institute of Vine and Wine Sciences (ISVV) suggests white wines stored in plastic packaging remain fresh for only six months, according to FoodProductionDaily.com.
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Dun & Bradstreet downgraded 9,000 Kiwi firms in Q1
Close to 9,000 New Zealand firms had their rating downgraded in the first three months of 2010 while 10,500 firms received a rating upgrade, according to research released today by credit reporting agency Dun & Bradstreet.
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China may allow international yuan settlement at more provinces
China plans to expand settlements of international trade using the Chinese yuan to as many as 18 more provinces and cities to meet rising demand from companies, according to a Bloomberg report.
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US targets Asia as market for its green technologies
US Commerce Secretary Gary Locke leads an Asian mission for senior executives from 24 American companies to showcase the best of America's energy, energy efficiency, electricity energy storage, transmission and distribution technologies, according to a UPI report.
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Emirates offers passengers online visa application tool
Emirates passengers may apply online for 96-hour and 30-day entry visas to Dubai through its website, a move analysts say will give UAE tourism a significant boost, according to Gulf News.com.
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Move over Nestle, Danone dominates food sector in Europe
Dairy giant Danone comes out top of the list for category dominance in the European food sector, followed by Unilever and Nestle, according to NutraIngredients.com.
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Irish food industry urged to follow Silicon Valley's competitve cooperation
The Irish Food Board (Board Bia) is urging Irish food manufacturers to take risks and experiment in product development by utilising the kind of “regional centres of competition” that helped make Silicon Valley in California the nexus of global software development.
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Swiss watchmaker Fortis launches automatic wrist watch with Arabic numerals
Swiss watchmaker Fortis hopes to fill a gap consumers didn't know existed by launching an automatic wristwatch featuring Arabic-language numerals, according to Business Emirates 24/7.
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Chinese bank card transaction tops NZ$1.4 trillion
Bank card transactions amounted to 6.86 trillion yuan (NZ$1.4 trillion) in China last year, accounting for 32% of the country's total retail sales, according to ChinaDaily.com.
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NZ seafood companies make joint pitch to China
Five of the aquaculture companies -- including Sanford and Sealord -- on the trade mission have agreed to work together in marketing mussels within China under a single brand name.
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US affluent drive growth in store brands
Growth in private label (or store brand) is approaching 20% of dollar value in the US with this market segment being driven by affluent households, according to FoodandDrinkEurope.com.
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FedEx increases freighter orders in anticipation of cargo growth
US express delivery giant, FedEx, has increased its original four 777 freighters on order with Boeing by two, ahead of expected rising cargo volumes, according to the Shipping Gazette.
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