In the News

China's US$2.4 bln fund for its small businesses
Chinese government will roll out more policies tailored for boosting the healthy development of small and micro-sized firms, according to Xinhua news.
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NZ seafood rates as "green" protein
New Zealand seafood is rated as the ‘green protein’ a report on the environmental cost of New Zealand food production has found, Foodworks.co.nz reported.
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China suffers worst trade performance since 2003
China trade has suffered its biggest decline in January since the 2008 financial crisis – a new sign of weak global demand and a slowing domestic economy, according to the Guardian UK, citing an Associated Press report.
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Australian egg consumption rises
Australian egg consumption jumped from 198 to 213 per person last year, and chances are many of 2011's additional boiled, scrambled, fried and poached egg servings were laid on free-range farms, according to Stock and Land's website.
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Why is Aussie dairy trailing NZ in the Chinese market?
The Australian dairy industry is losing out to New Zealand in the massive, growing Chinese market, according to the managing director of Australia’s largest dairy company Murray Goulburn Co-operative, Gary Helou.
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Can China still lead the world into stable economic growth?
A sharp drop in Chinese imports, a gloomy outlook for global oil demand and a burgeoning US trade deficit are fanning growing fears of a deteriorating global economy, according to the Sydney Morning Herald.
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Rail from Chongqing China to expand to Antwerp
The rail line connecting Chongqing, Xinjiang to Belarus, Duisburg will be extended by 202 kilometres to Antwerp this year, according to the Shipping Gazette, citing Xinhua News.
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NZ organic apple industry's consolidation
The end of 2011 saw big changes in the New Zealand organic apple industry with some significant players pulling out altogether and emergence of new key players, according to FreshPlaza.com.
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Greece's jobless rate at historical high, 20.9 per cent
The Greek jobless rate hit a new record high at 20.9 percent in November up from 18.2 percent the previous month, the Greek Statistical Authority announced on Thursday, according to Xinhua News.
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More union action at Ports of Auckland
The Maritime Union of New Zealand has issued Ports of Auckland with a new seven-day full strike notice, according to Scoop.co.nz.
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Singapore pilot learns to fly the Kiwi way
World leading airline pilot training provider, CTC Aviation Group plc (CTC), has gained approval by the Civil Aviation Authority of Singapore (CAAS) to train airline pilots for the country’s airlines.
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How NZ produce can reach German consumers
New Zealand has a unique opportunity to showcase its strengths and secure new business at the world's largest fresh produce trade event being held in Germany this week, according to Voxy.co.nz.
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Taming of the dragon: IMF cuts China's growth forecast
The International Monetary Fund (IMF) has cut its forecast for China's 2012 economic growth to 8.25 percent from the 9 percent projected in September, and it warned that exports would be a significant drag on expansion in the coming two years, according to ChinaDaily.
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Air France cuts service in face of strike
Air France will fly only about half of its long-haul flights tomorrow as more pilots and other workers walked out on the second day of a four-day protest against a proposed strike-notification law, according to Gulf News citing a Bloomberg report.
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NZ avocado industry sets eye on Europe with new refrigeration technology
The avocado industry is testing technology to prevent fruit ripening in transit that it hopes will open up markets in Europe, according to the NZ Herald.
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NZ apple season kicks off with promising start
New Zealand apple harvest was well under way with some growers already picking the earliest variety Sunrise and NZ Beauty starting this week, according to the Gisborne Herald.
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Samsung designs ship to fit expanded Panama canal
Korea’s Samsung Heavy Industries is designing a 13,200-TEU ship that will exactly fit the expanded Panama, which would will tilt the scales to the advantage of US east and Gulf ports at the expense of the west coast, according to the Shipping Gazette citing the Maritime Professional journal.
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Boutique supermarket Nosh sells milk for $1/litre
A boutique grocery is calling on retailers to make milk affordable as it drops its prices to $1 a litre, according to the NZ Herald.
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Harvard dropout Zuckerberg's $US10 bln IPO
Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say, according to Gulf News.com citing a Reuters report.
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The world's most curious bottle according to Brancott
In a first for a New Zealand wine brand, Brancott Estate has launched a new smartphone application which brings together the worlds of wine and entertainment in 14 unique experiences.
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