Archives for August 27, 2014

← 2014

Gaza conflict causes $450m damage to agri infrastructure

By Eliot Beer

The recent conflict in Gaza has effectively halted local food production and caused US$450m-worth of damage to the territory’s agricultural infrastructure, the UN Food and Agriculture Organisation (FAO) warns.

Pernod Ricard hit by Chinese slump

By Rachel Arthur

Pernod Ricard says a slump in China, and unfavourable foreign exchange effect, is responsible for an overall 7% fall in sales, as it released its full year 2013/14 results today. 

Global investor takes share of Chinese poultry player

By Georgi Gyton

KKR & Co, a global investment firm, has come to a definitive agreement with Chinese poultry producer Fujian Sunner Development Co, to invest around $400m in the business, in return for an 18% stake.