Rabobank sees ‘huge upside’ in China milk tea opportunity
Global tea companies will have to hit the M&A trail to unlock opportunities in important tea markets including China, Russia and India, according to Rabobank.
Archives for January 30, 2014
Literature supports fenugreek’s blood sugar management potential: Meta-analysis
Daily supplements of fenugreek may effectively help manage blood sugar levels in people with diabetes, according to a meta-analysis of 10 clinical trials.
Oman opens $385m aluminium rolling plant
Oman Aluminium Rolling Company (OARC) has opened a $385m plant in Sohar, north of the capital Muscat, which will be operational by the end of Q1 2014.
China now the world’s biggest red wine consumer
With consumption almost tripling over the last six years, China has leapfrogged France and Italy to become the world’s biggest red wine market, with surging demand for the variety in stark contrast to that for its inauspicious white counterpart.
Australian pig farmers on the path to sow stall-free pork
Meat industry association Australian Pork Limited (APL) has told globalmeatnews.com that Australian piggeries are well on the way to an almost total elimination of sow gestation stalls by 2017. It said an estimated 65% of pigmeat enterprises in 2014 were...
Australian government rejects bailout appeal from SPC Ardmona
The Australian government has rejected a plea by beverage maker SPC Ardmona for an AU$25m (US$21.8m) bailout package, calling on the firm’s parent company to the rescue of its local subsidiary.
New Zealand adds genetic funding for sheep and beef
The New Zealand meat industry has welcomed news of a NZ$15m boost into the country’s sheep and beef genetic research work.
Fast food chains slammed for ‘cashing in’ on high-sugar frozen drinks
Health groups in Australia have hit out at fast food chains that they say are “cashing in” by promoting seductively cheap frozen drinks that in many cases contain what they call “surprisingly large” amounts of added sugar.