Australia

Good Progress On Chinese Wine, Lobster Trade Barriers, Says Minister

China will complete a review into years-long tariffs on Australian wine by the end of March and is also reviewing its restrictions on lobster imports, Aust...

Australia’s Costa Group Appoints Marc Werner As New CEO

Australian fresh produce company Costa Group has appointed Marc Werner as its new chief executive officer, effective 1 March 2024.

South Africa's Woolworths H1 Profit Falls As Shoppers Spend Less

South African fashion retailer Woolworths reported a 7.5% fall in half-year earnings, as consumers pulled back on discretionary spending and the count...

Coles Denies Price Gouging, Says Food Inflation Is A Global Problem

Australia's second-largest supermarket operator Coles Group rejected accusations of price gouging as its first-half profit beat analyst forecasts, saying f...

Consortium Comprising Driscoll’s Acquires Australia's Costa Group

A consortium, led by Paine Schwartz Partners and comprising Driscoll’s and British Columbia Investment Management Corporation, has completed the acqu...

Coca-Cola Europacific Partners Completes Acquisition Of CCBPI

Coca-Cola Europacific Partners (CCEP) has announced it has completed the acquisition of Coca-Cola Beverages Philippines, Inc. (CCBPI) from The Coca-Cola Co...

Mutti Earmarks €100m For Expansion And New Products

Italian tomato-based derivatives producer Mutti plans to invest €100 million to launch new subsidiaries and products as part of its 2024-2028 Strategi...