The fall in vineyard values had increased banks' "anxiety" about land as security. A large number of companies were on the market, particularly in central Otago and Marlborough, and quite a few were forced sales.
Fonterra Chairman Sir Henry van der Heyden said the board’s decision to raise the forecast milk price reflected the continuation of high international dairy prices further into the 2010/11 season.
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.
Paul Borrud, Facebook's regional vice-president of Australia and New Zealand, said the take-up of Facebook on mobile phones and devices was one reason for the growth, which he said was showing no sign of slowing.
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.
Of the 35 major cities surveyed, property prices in eleven including Beijing and Shanghai were between 30 and 50% above their market value, ChinaDaily said, citing the Chinese Academy of Social Sciences.
The new Heineken beer bottles will be launched first in Western Europe early next year and across the rest of the world in 2011. They will come in 5 rather than 15 sizes as had previously been the case.
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.
Part-baked frozen bakery products allow bakers to fulfil demand for freshly baked bread at short-notice by rebaking a partially baked product to form colour and crust.
Leland – the packaging company -- says its Ultimate VCI Protection bags offer a simpler and more environmentally friendly alternative to the traditional method of preventing rust, which is to spray them with oil.
Designers have completely redesigned the Winnie The Pooh packaging, according to the report. The doll now sits in a saddle instead of a box. The product information previously printed on the box is now produced on a small paper tag. The doll still maintains the same distinctive sitting pose on the shelf.
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.
A deal will raise PepsiCo’s annual global revenues from nutritious and functional foods from about $10 billion to nearly $13 billion, taking it a step closer to its $30 billion target by 2020.
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.
Qatar's successful bid to host the 2022 soccer World Cup will speed up its construction programme and boost property prices, with contractors expected to flock to the Gulf state to snap up projects worth billions of dollars, according to Trade Arabia News Service.
Gulf states suffered when international food prices spiked to record levels in 2008, forcing up their import bills. They have since sought to lease and buy farmland in developing nations to improve security of food supplies.
