Business

Chinese Angus breeding programme

China focuses on Angus breeding programme

By Mark Godfrey

A town in northern China has declared itself the ‘Angus Capital of China’ and teamed up with some big corporate names to build an Angus breeding programme from scratch to a 100,000-strong herd within five years.

Murray Goulburn, which produces the Devondale brand, says Saputo will address ACCC comments by divesting the Koroit plant to allow the takeover of Murray Goulburn to continue.

Saputo will sell plant to address ACCC concerns

By Jim Cornall

Following the Australian Competition and Consumer Commission’s (ACCC) comments over a potential lack of competition should Saputo’s purchase of Murray Goulburn go ahead, the Canadian company has said it will sell the plant in question so its takeover...

Japanese snack giant Calbee has reported a slump in profits. Pic: ©GettyImages/switchpipipi/Bellisimo

Has Calbee’s profit slump put PepsiCo partnership in balance?

By Gill Hyslop

Japanese snack giant Calbee posted a profit decline for its third quarter results for fiscal year ending March 31, 2018 due to sharp slowdown in North America, possibly putting its business partnership with PepsiCo on the line.

Mount Mayon's wild pili nuts from the Philippine rainforest enter the market as volcano erupts in the growing region. Photo: MM

Startup Watch

Premium nut dubbed ‘next macadamia’ faces volcanic threat

By Oliver Nieburg

Startup Mount Mayon has developed a special method for processing the pili nut for packaged goods - it enters the market as its raw material grows next to an erupting volcano that has displaced thousands.

China and Malaysia joint shrimp venture to create 1,000 jobs

China and Malaysia joint shrimp venture to create 1,000 jobs

By Lester Wan

An aquaculture project between a Chinese chemical firm and a Malaysian property cooperative is set to make Langkawi — an archipelago off the Malaysian state of Kedah — a major producer of South American white shrimp.

Zhenhai sets out strong 2018 ambitions

Zhenhai sets out strong 2018 ambitions

By Mark Godfrey

A beef firm on China’s wealthy east coast has taken delivery of 1,606 cattle shipped live from Australia and plans a total 100,000 head of imports this year.

Scotch whisky is legally protected from copies in China for the next 10 years

Scotch whisky trademark secured in China

By Gwen Ridler

The Scotch Whisky Association (SWA) has secured a 10-year trademark for Scotch whisky in China, during a three-day trade visit to the country with Prime Minister Theresa May.

Arla Foods has announced its biggest investment ever for 2018 as it pursues its 2020 goals.

Arla Foods to invest €527m in 2018

By Jim Cornall

In the biggest single investment announced in the Danish-headquartered dairy cooperative’s history, Arla Foods says it will invest more than half a billion euros ($656m) in 2018 to deliver on its 2020 growth ambition.

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