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Fonterra to face uphill climb in China - analyst
Fonterra may face an uphill struggle in its bid to expand in China despite the promise of significant market growth, according to DairyReporter.com.
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NZ study shows food chain safe from bacteria resistant to antibiotics
A new Ministry of Agriculture and Forestry (MAF) survey has shown no human health implications from antimicrobial resistance in New Zealand food-producing animals and fresh produce, according to Foodworks.co.nz.
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Hell Pizza's redemption
Two years after the Hell Pizza co-founder bought the company back from Tasman Foods, the local Burger King franchise owner, the company is once again profitable, growing internationally and on the cusp of restoring local outlet numbers to pre-sale levels, according to the Sunday Star Times.
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Japan is world's most robust functional foods place
The birthplace of functional foods, Japan, continues to be the world’s most robust with 38.4% of a global functional food market of $24.22 billion (€16.75 billion), according Nutraingredients.com.
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Europe's technology to test "fake" fish
Molecular technologies could now be used to foil fishing fraud and boost traceability by determining the origin of even processed products like canned fish, according to MeatProcess.com.
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Global air cargo revenues to rise above US$70 bln
Global air cargo revenues are expected to rise above USD$70 billion for the first time, according to a GulfNews report citing the International Air Transport Association (IATA).
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Singapore Airlines plans low-cost carrier in 2012?
Singapore Airlines' (SIA) is to launch a low-cost carrier by next year to compete with competitors already taking chunks out of its premium market, and to stand up against Australia's budget carrier JetStar, which is planning long-hauls to Europe.
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Wine packed like perfume to target women
A new wine that targets women through its perfume-like packaging has been singled out by Datamonitor’s Product Launch Analytics (PLA) team as its Innovation of the Week, according to BeverageDaily.com.
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Hong Kong as testbed for yuan's internationalisation
With $79 billion of yuan deposits as of April 30, Hong Kong is the largest repository for China's currency outside of the mainland, and the only place the yuan is commonly used or traded that is free from Beijing's strict capital controls.
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NZ grass-fed beef captures Korean taste buds
New Zealand beef is proving to be a breakout success in Korea where a star turn on the menu of the country’s largest food exhibition is helping to overturn the local perception that beef fed on grain is superior.
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China races on with wind turbine technology
China’s Sinovel Wind Group Co Ltd has produced a 6mW wind turbine prototype, fresh off the production line which can be used in onshore, offshore and inter-tidal wind farms, according a Xinhua News report found on ChinaDaily.com.
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Abu Dhabi - airport of the future
Abu Dhabi's airport is currently one of the fastest growing in the world, and is expected to handle up to 40 million passengers once its USD$6.8 billion expansion plan is complete.
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UAE captures Chinese middle class tourist dollars
United Arab Emirates’ (UAE) tour operators, retailers and hoteliers are focusing their efforts on attracting the fancy of Chinese tourists, according to GulfNews.com.
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China to face severe power shortage this summer
Power shutdowns reached serious levels in some regions from January to April this year, and some power generation capacity has been shut down because of coal shortages, the report said, citing Tan Rongyao, supervisor of the State Electricity Regulatory Commission.
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Facebook CEO Zuckerberg's China mission
China, the world's largest Internet market by users, represents an attractive frontier for Facebook. Zuckerberg visited the country in December and met with the heads of several Chinese Internet companies, including Baidu Inc, Sina Corp and Alibaba Corp.
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Pastilles, gums, chews dominate China lollies market
Pastilles, gums, jellies and chews remained the most dynamic category within sugar confectionery last year, analyst Francisco Redruello was quoted saying. This segment grew 8% in retail value sales, due in part to variety in packaging design and flavours.
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Australia, NZ have new permissible level for steviol glycosides
Australia and New Zealand’s food standards body has approved an application for higher maximum permitted levels of steviol glycosides in ice cream and several beverage categories, which will enable a more acceptable taste profile in finished products, according to FoodNavigator.com.
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NZ's YikeBike gets model upgrade
The Christchurch company that developed the electric folding YikeBike has just launched a new Fusion model – a slightly heavier version of the original carbon fibre bike but a bit lighter on the pocket.
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China's solar energy market set to boom
China's solar energy industry is ready to boom in the next 10 years with the nation expected to become a major photovoltaic-module consumer after being the biggest exporter, according to ChinaDaily.com.
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Qantas to pay $6.5 mln for price fixing
The New Zealand High Court has ordered Qantas Airways Ltd to pay a $6.5 million penalty for breaches of the Commerce Act, the highest penalty to date in New Zealand for price fixing.
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