News

In the News
World airlines to add more capacity, budget airlines raise market share
Thursday, 10 November 2011
The world's airlines have scheduled 4% more capacity on 2.5% more flights in November 2011, marking six consecutive months of growth compared to the same period last year, according to the latest statistics from OAG, a UBM Aviation brand.
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In the News
German fruit company makes bid for 114-yr old Turners & Growers
Thursday, 10 November 2011
German fruit supplier BayWa Aktiengesellschaft is making a takeover play for the 114-year-old horticulture giant Turners & Growers, according to the NZHerald.co.nz.
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In the News
Fast food chains drive global demand for frozen potato products
Tuesday, 08 November 2011
Global demand for frozen potato products (comprised mostly of frozen fries) is forecast up 5% from last year, according to FreshPlaza.com, citing a report by PotatoPro.
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In the News
Piracy costs global shipping industry US$12 bln per year
Tuesday, 08 November 2011
The United Nations has estimated that the cost of piracy on the global shipping industry could be as high as $12 billion, according to Arabian Business.com.
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American airlines trial biofuels, cost still a major issue
Tuesday, 08 November 2011
Americans are getting used to burning ethanol in their daily commute. Now, pond scum and french-fry grease could help fuel their next business trip, according to the Wall Street Journal.
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In the News
Dairy market outlook steady, Fonterra chairman says
Sunday, 06 November 2011
The dairy demand from developing countries such as China and India is sustainable, underpinned by a rising middle class in these countries, Fonterra chairman Henry van der Heyden told the Irish Independent.
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In the News
Not so easy selling NZ apples to Australia
Sunday, 06 November 2011
New Zealand apple exports to Australia are set to fall far short of expectations, with some growers pulling out due to quarantine restrictions and prohibitive costs, according to the Australian Broadcasting Corp.
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In the News
China's trade volume exceeds US$3 trillion but global trade outlook grim
Sunday, 06 November 2011
China's trade volume has surpassed a historic level of US$3 trillion but analysts have forecast a grim trade outlook in light of growing global uncertainties, according to Xinhua News.
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Phillipines stops export of workers to 41 blacklist countries
Friday, 04 November 2011
The Philippines, one of the world's largest labour exporters, has ordered a ban on the deployment of workers to 41 countries — including war-torn Afghanistan and booming India — where Filipino officials say there are inadequate protections against labour abuse, according to GulfNews.
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Google invests US$100 mln to gain toehold on internet TV market
Friday, 04 November 2011
GOOGLE is making a $US100 million ($96.5 million) bid to win a bigger share of the fast-growing internet TV market, with more than 100 new channels to be rolled out via its subsidiary YouTube, starting this month, according to the Sydney Morning Herald.
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In the News
NZ garment company makes "stealth wetsuit" for close encounters under the sea
Wednesday, 02 November 2011
An Auckland company says a "stealth wetsuit" it has helped to develop will allow scuba divers and spear fishermen to get closer to marine life, the NZ Herald reported.
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In the News
Argentina's beef exports drop, ranks 6th in world chicken exports
Wednesday, 02 November 2011
Argentina is currently ranked among the world’s top six exporters of chicken meat (breast and legs) while in beef has dropped to position nine, according South Atlantic News Agency, citing the latest data from the US Department of Agriculture (USDA).
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In the News
NZ seeks new markets for bumper avocado crop
Wednesday, 02 November 2011
With global avocado consumption on the rise, New Zealand which is looking at a bumper harvest this year is seeking new opportunities with the fruit as an important export product, according to FreshFruitPortal.com.
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China will not let foreigners influence pace of its currency reform
Wednesday, 02 November 2011
China should reform the renminbi's exchange rate in its own way and not let foreign pressure influence the pace of that reform, according to ChinaDaily.
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US senator promotes bill aimed at raising US exports to Africa
Wednesday, 02 November 2011
Worried by China's expanding economic ties to Africa, a key US senator said this week he would soon unveil a bill aimed at tripling US exports to the resource-rich continent over the next decade, according to AFP.
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