New Zealand’s children clothing manufacturer Pumpkin Patch is likely to close its UK retail business after appoint administrators to review its 36 stores in Britain.
Fonterra says it has broken its own record for the highest export month, helping to boost New Zealand's economy by $1.3 billion last month, according to the NZ Herald.
The International Monetary Fund said it would seek up to $US500 billion in new financial firepower as the European debt crisis increasingly threatens the global economy, according to the Sydney Morning Herald.
India, the world's biggest consumer of bullion, increased import duties on gold and silver, potentially cooling demand from jewellery buyers and investors, according to GulfNews.com.
China's economy expanded by 9.2 percent in 2011 from a year earlier and 8.9 percent year-on-year in the fourth quarter, according to ChinaDaily.com. Forecasts are for a GDP growth around 8.5 per cent in 2012.
Apple exporters are optimistic about shipping to an Australia market open after 90 years but some early failures last year are a reality check on the rules, according to a NZ Herald report.
Beef prices rebounded 12 per cent in December, propelled by greater opportunities in the lucrative European market and a consumer shift from steak to burgers, according to www.stuff.co.nz.
China has once again condemned the United States' unilateral sanctions imposed on the Islamic Republic of Iran, saying the US is seeking to internationalize its unilateral sanctions, according to www.presstv.ir.
Shippers have been told not to lose sleep over the recent, short-lived jump in spot freight rates but to focus instead on ways to mitigate the risk of a sudden capacity crunch later in the year, according to analyst Drewry Maritime Research.
Standard & Poor's mass ratings downgrade of euro zone members today is not good news for NZ which is seen struggling to sell to the region as the NZ dollar rises.
More than 93,000 tonnes of potatoes were exported this year, about two-thirds of them processed as frozen products and the rest as fresh produce, according to Radio NZ.
Kiwifruit Vine Health, the organisation charged with helping the industry overcome the vine killing disease Psa-V has said that "Gold 16A almost definitely does not have a future in the Psa-V environment and this cultivar will need to be eventually replaced".
American citrus growers in California are able to monitor and remotely control temperatures affecting their groves using modern software, according to FreshPlaza.com.
Maersk Line, the world's largest container shipping line, operating in conjunction with Malaysia International Shipping Corporation Berhad (MISC), has announced plans to relocate their Southern Star service to Port of Tauranga.
Marks & Spencer is to be the first retailer to sell the seedless pepper, which has been created as the result of a 15 year project with Melrow salads and seed house Syngenta, according to Fresh Plaza.com citing a Daily Mail report.
The beleaguered Indian government has been forced to suspend its decision to allow international supermarkets to invest in India's £300 billion retail market in the face of political opposition, according to The Guardian.
The Ports of Auckland has estimated the value of all trade and goods disrupted in this weekend's four-day stoppage on the Auckland waterfront totals $300 million.
New Zealand's dairy cow population is growing faster than the human population for the first time, according to Business Day, citing figure from the latest DairyNZ and Livestock Improvement Corporation figures.
