Australia

Nordzucker In Talks To Buy Australia's Mackay Sugar

Germany's second largest sugar refiner Nordzucker is in talks to buy Australian producer Mackay Sugar, a Nordzucker spokeswoman said on Thursday. Nordzu...

Italy's Massimo Zanetti Acquires Australia’s The Bean Alliance

Italian coffee giant Massimo Zanetti Beverage Group (MZB) is set to strengthen its presence in Australia through the acquisition of The Bean Alliance. T...

Hilton Food Profit Jumps On Higher Sales In UK, Australia

British food packer Hilton Food Group said on Tuesday its adjusted operating profit rose 25.3%, helped by higher sales from Ireland and Australia, and Seac...

Sales Slow At Australian Grocery Giant Woolworths Due To ‘Bag Rage’

Australia's biggest grocer Woolworths Group said it rapidly lost sales momentum after starting to charge shoppers for plastic bags, sending its shares lowe...

Australia's Treasury Wine Toasts Record Full-Year Profit

Australia's Treasury Wine Estates Ltd, the world's biggest listed winemaker, posted a forecast-beating record annual profit on Thursday as customs delays i...

Australian Q2 Retail Sales Brighten Prospects For GDP

Australian retailers enjoyed their best sales in a year last quarter as discounting drove goods off the shelves, suggesting consumer spending helped the ec...

Wesfarmers Drops Imported Honey Blend From Coles In 'Australia First' Push

Australian supermarket chain Coles will stop selling a brand of honey that is partly sourced from China and Argentina, as it looks to support its 'Australi...

WTO To Rule On Landmark Tobacco Case Later Today

A World Trade Organisation adjudication panel will rule on Thursday on a dispute over Australia's tough tobacco packaging rules, widely seen as a test case...