Australia

Canadian Wheat, Canola Harvests Expand, Rebound From Dry Conditions

Canadian farmers will harvest more wheat and canola than was expected several months ago, as crops rallied from dry conditions that threatened yields, a go...

Japan's Seven & i Expands 7-Eleven Empire With Purchase Of Australian Franchise

Japanese retail conglomerate Seven & i Holdings has agreed to purchase the 7-Eleven convenience store chain in Australia for A$1.71 billion (€1 bi...

Rugby League 'Most Lucrative' For Sports Sponsorship Revenue In APAC This Year, Study Finds

Rugby league emerged as the most lucrative market for non-alcoholic beverage brands engaged in sports sponsorship within the APAC region in 2023, a new stu...

Dryness Lifts Australian Wheat Quality Even As Output Drops

Dry weather in the growing season has reduced Australia's wheat output this year, but most of the crop is with higher protein content and supplies of lower...

EU Lawmakers Approve New Zealand Trade Deal To End Hiatus

The European Parliament has approved the European Union's free trade agreement with New Zealand, its first endorsement of such a deal in more than three ye...

CCEP Agrees To Joint Acquisition Of CCBPI

Coca-Cola Europacific Partners (CCEP) and Aboitiz Equity Ventures Inc. (AEV) have agreed to jointly acquire Coca-Cola Beverages Philippines, Inc. (CCBPI) f...

Naked Wines Slashes Annual Forecast, CEO Steps Down

Naked Wines slashed its annual revenue and profit forecasts and said chief executive officer Nick Devlin will leave the online wine seller as it bleeds cus...

Australia's Treasury Wine Shares Tumble On Discounted Fundraising For DAOU Buyout

Shares of Treasury Wine Estates fell more than 11% on Friday after the top Australian winemaker undertook a round of discounted capital raising to fund its...