New Zealand

EU, New Zealand Reach Free Trade Agreement

The European Union and New Zealand completed negotiations on Thursday for a free trade agreement that could boost goods and services busines...

New Zealand To Ban Cigarette Sales For Future Generations

New Zealand plans to ban young people from ever buying cigarettes in their lifetime in one of the world's toughest crackdowns on the tobacco industry.

Fonterra Announces Partnership With US Biotech Firm VitaKey

New Zealand dairy giant Fonterra said it has struck a partnership deal with US-based biotech firm VitaKey to look at ways to prolong freshness and nutrient...

Fonterra Raises Farmgate Milk Price Forecast On Tight Supply

Fonterra has raised the forecast range for the price it pays farmers for milk in the 2021-22 season, citing a below-average increase in global supply and f...

Indevin Takes Control Of New Zealand's Villa Maria Wine Estate

Wine group Indevin New Zealand has completed the purchase of 100% of the shares in Villa Maria Estate Ltd, ensuring the business remains under local owners...

New Zealand Farmers Protest Over Environmental Policies

Farmers in New Zealand drove their tractors to the city on Friday in a protest demanding the government loosen its environmental policies an...

Fonterra Seeks Farmers’ Feedback On Capital Structure Changes

Dairy firm Fonterra has started a consultation process to seek farmers’ feedback on potential options to change its capital structure for greater fin...

Italian Wine Sales Grow 7% In Value, 5.7% In Volume In 2020

Wine sales in the Italian off-trade channel (large scale retail) grew by 7% in value and 5.7% in 2020 compared to the previous year. Data from the Nomis...