Australia

China-Australia Trade Tensions Impacting Agri-Food Sector, Says Analyst

The decision of China Mengniu to pull out of a deal to buy Australia's Lion Dairy & Drinks earlier this week underlines the rocky trade relationshi...

Australia Government May Block China Mengniu's Dairy Firm Purchase

Australia's government may block China Mengniu Dairy Co Ltd's purchase of some of the country's best-known milk brands, the Australian Financial Review rep...

Nestlé To Step Up Pet Food Production In The US And Australia

Nestlé Purina has announced plans to expand its pet food production facility in Cumberland County, Pennsylvania. The company plans to add new pro...

Australia's Treasury Wine Issues Profit Warning As Virus Hits Demand

Treasury Wine Estates Ltd flagged a plunge in core earnings for fiscal 2020 and withheld guidance for the year to June 2021, as coronavirus-related curbs o...

Argentina Jockeys To Get Its Barley Into Chinese Beer

Argentina is jockeying to get more of its malt barley into Chinese beer, now that Asia's mega-economy is locked in a trade fight with its top barley s...

AB InBev Completes Sale Of Australian Subsidiary To Asahi Group

Anheuser-Busch InBev has announced that it has completed the sale of Carlton & United Breweries, its Australian subsidiary, to Japan’s Asahi...

Forecourt Operator Couche-Tard Shelves Caltex Australia Buyout

Alimentation Couche-Tard Inc's buyout of petrol station operator Caltex Australia Ltd has become the latest victim of the coronavirus outbreak, as fuel dem...

Woolworths To Close All Country Road Stores In Australia Amid Coronavirus

South Africa's Woolworths Holdings has temporarily closed all Country Road Group stores in Australia for four weeks and will stand down 5,000 employees the...