Australia

Debt-Laden AB InBev Agrees Sale Of Australian Unit To Asahi

Anheuser-Busch InBev, the world's largest brewer, has agreed to sell its Australian operations to Japan's Asahi and is interested in reviving the stalled f...

India To Keep Sugar Export Subsidies Even As Rivals Complain: Sources

India will keep its sugar export subsidies despite complaints to the World Trade Organisation (WTO) from rival producers Brazil and Australia, though it wi...

Intersnack To Acquire Minority Stake In Universal Robina's Oceania Business

Europe-based Intersnack Group is set to acquire a 40% stake in Universal Robina Corporation's (URC) consolidated business in Australia and New Zealand....

Kaufland Begins Construction Of Distribution Centre In Australia

German discounter Kaufland has announced that it has commenced the construction of its Australian distribution centre in Victoria. The facility, located...

Coca-Cola Amatil To Sell SPC Business To Shepparton Partners

Coca-Cola Amatil, Australia's largest beverage company, has announced plans to sell its historic SPC fruit and vegetables processing business to Shepparton...

Fonterra Cuts Guidance, Shuts Plant In 'New Norm' For Australian Dairy

New Zealand's Fonterra on Thursday cut its annual earnings guidance and said it would close a more than 100-year-old facility in Australia as dry weather a...

Australian Shoppers Splurge In Boost To Retailers, Economy

Australian retailers enjoyed their best sales in February since late-2017 in a boon to economic growth in the first quarter, signalling surprising resilien...

Ocado Solutions Enters Australia With Coles Partnership

Ocado has announced a tie-up with Australian retailer Coles, which will see the latter adopt the online specialist’s Ocado Smart Platform to develop...