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NZ growers ponder ways to sell apples to Aussies
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Coca-Cola's Minute Maid reach $1-bln sales in emerging market
Minute Maid Pulpy was launched nationally in China in 2005, and is now available in 18 markets across three continents including Indonesia, Taiwan, Philippines, Thailand and India.
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Heineken stops operations in Egypt
The company, which employs 2,400 people in the region has evacuated its 25 expatriate employees on private planes and asked its local employees to stay home.
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UK inventor's green bottle to British supermarkets
A new multi-recyclable food packaging design is set to hit British supermarket shelves, according to Packaging International’s website.
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China to allow some banks to trade in yuan swaps
China will permit designated banks to trade yuan/foreign currency swaps on behalf of their clients from March 1, according to a Reuters report quoting the country's foreign exchange regulator.
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More apples from NZ this year?
Pipfruit NZ chief executive Peter Beaven says apple exporters expect to have more than 17 million cartons to sell this year.
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Maersk stops Port Said, Egypt, operations
Denmark’s Maersk Line has declared Egypt's Port Said as closed to operations because of rioting afflicting much of North Africa, but most seriously in Egypt.
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Mid-East organic products market growing
The Middle East’s organic food market, valued at about USD$227 million a year, is growing at a pace of nearly 20%, mainly driven by the rising affinity of the youth population to embrace healthy and natural lifestyles.
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Saudi Arabia to spend NZ$208 bln to spur economy
Saudi Arabia says it plans to spend 580 billion riyals (NZD$208 billion) in 2011 as it invests in education and infrastructure to spur growth in the top oil exporter, according to GulfNews.com.
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Aussie wine exports hurt by strong currency
The strength of the Australian dollar is hurting Australia’s wine sales in the US and popular wines are being replaced by cheaper product from Argentina as well as flavour-of-the-month labels from New Zealand, according to Stuff.co.nz.
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LA and Long Beach ports on growth spurt
Through October, the L.A. and Long Beach ports have moved 2.8 million export-carrying cargo containers, up 20% from the same period last year.
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iphone App for Korean lonely hearts by Nabix
Launched on November 30 by Nabix, a South Korean developer, the iPhone application "Honey, it's me!" is warming lonely hearts with the voice of "Mina", a 20-something virtual woman.
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Qatar's construction boom ahead of Fifa world cup
The government plans to spend close to USD$20 billion on new roads and transport infrastructure over the next five years, and a $36 billion metro system is in the pipeline over the longer term. Qatar is also building an $11 billion airport and a $5.5 billion deepwater seaport, according to Standard Chartered Bank.
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China to sell solar-powered air conditioners to US
The air conditioner, independently developed by Gree, mainly uses solar power, using normal electricity only when solar power is inadequate, said Huang Hui, chief engineer of Gree Electric Appliances.
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Oct on-yr international freight grew 12%
The two largest international air freight markets, Asia Pacific and Europe, registered year on year increases in October of 12.4 and 15.8%, respectively.
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China turns to protect its own brand
According to the State Administration for Industry and Commerce (SAIC), China will have the seventh highest number of registrations with the Madrid System once it files 200 more applications.
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Herpes virus kills NZ oysters
Owner Rick York of the Ohiwa Oyster Farm said his farm was struck on November 19/20 and hit about a fair amount of stock for next year.
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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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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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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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