Australia

Australia's Woolworths Posts Profit Rise As Price Gains Offset Cost Hikes

Woolworths' underlying full-year profit has risen 4.6%, meeting analyst forecasts, as price increases by Australia's top grocer more than offset rising cos...

Australian Wine Industry Faces Hangover From China's High Tariffs

Australia's wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and e...

Mondelēz International, Amcor Invest In Australian Firm Licella

Mondelēz International has teamed up with packaging firm Amcor to invest in Australian recycling technology provider, Licella.

EU, Australia Fail To Conclude Free Trade Agreement, For Now

The European Union and Australia have failed to conclude talks on a planned free trade agreement after differences remained unresolved, notably on agricult...

Australia's United Malt Agrees Takeover Offer From France's InVivo

United Malt Group Ltd has agreed to a A$1.5 billion (€920 million) takeover offer from Malteries Soufflet, a branch of French agribusiness InVivo, in...

PepsiCo Announces 44% Rise In Gender Parity Across Managerial Roles

PepsiCo has published its most recent Global Diversity, Equity and Inclusion (DE&I) Report which shows PepsiCo is advancing gender parity in managerial...