Denmark has imposed a fat tax in attempt to limit the population's intake of fatty foods, becoming the first country to take such a measure, according to a report carried in Al Jazeera.
Copenhagen's AP Moller-Maersk, owner of the world's biggest container line, says its order for twenty 18,000-TEU vessels will not flood the market with super megaships, as rival say but rather 13,000 TEUers will become common.
New Zealand brewers have been forced to cut products from their ranges due to a lack of American-grown hops, a key ingredient in the popular American pale ale style, according to the Sunday Star Times.
China must make its farm sector more transparent and fairer to foreign competition, the United States told the World Trade Organisation's (WTO) agriculture committee on Friday, as it reviewed China's first decade in the world trade body, according to ChinaPost.
Amazon.com has taken the wraps off its long-awaited "Kindle Fire", tacking on a mass market-friendly $US199 ($204) price tag that poses a serious threat to the dominance of Apple's two-year-old iPad, according to a Reuters report carried in the Sydney Morning Herald.
Boeing Co's newest, biggest plane has cast a shadow over ceremonies to mark the three-years-late first delivery of its smaller cousin, the composite-plastic 787 Dreamliner, according to a Bloomberg report carried by GulfNews.
The New Zealand dollar, which hit a post-float high of US88.43c last month, could fall as low as US72c against the greenback over the next few weeks, according to the NZ Herald, quoting a currency expert.
US' second largest package shipping giant FedEx has reduced its full-year forecast despite its first quarter net profit from June to August increase 22% to USD$464 million drawn on revenues of $10.52 billion, according to the Shipping Gazette
Countries from India and Indonesia to Russia are tightening their grip on natural resources as they limit exports to build up domestic industry in a trend that will spawn many challenges to World Trade Organization (WTO) rules, according to China Daily.
The International Air Transport Association (IATA) has increased its global profit forecast for aviation for 2011 with much of the market share taken up by Asia-Pacific carriers while freight prospects appear uncertain this year and next, according to the Shipping Gazette.
The US has filed a complaint with the World Trade Organisation in Geneva over Chinese duties on US poultry that are up to 105.4% and have led to a dramatic fall in US poultry exports, according to the Shipping Gazette, citing a Bloomberg report.
Economists have revised their forecast for New Zealand’s export growth to reflect global economic uncertainty and expectations the NZ dollar will keep its strength, according to the NZ Institute of Economic Research (NZIER).
New Zealand sheepmeat producers can expect to continue to enjoy high prices and favourable offshore market conditions in the year ahead, according to Voxy.co.nz.
Daily Maersk, Maersk Line’s new service on the Asia-North Europe trade lane, is expected to dramatically change the way shipping is done – it offers a daily cut-off at the same time every day, seven days a week, and always with the exact same transportation time, according to Transport Weekly.
