Fonterra profits up 65%
New Zealand’s Fonterra Co-operative Group has announced a 65% increase in net profit after tax to NZ$834m ($604m) for the financial year ended July 31, 2016.
News & Analysis on Food & Beverage Development & Technology
New Zealand’s Fonterra Co-operative Group has announced a 65% increase in net profit after tax to NZ$834m ($604m) for the financial year ended July 31, 2016.
News in brief
Coca-Cola Amatil has unveiled its Keri juice manufacturing plant: the largest in New Zealand and with the ability to produce 800,000 bottles a day.
A chicken supplier in Thailand may open a lawsuit against a non-governmental organisation (NGO) over alleged claims of human trafficking.
The World Health Organisation has asked countries on the west side of the Pacific to consider imposing a tax on all soft drinks in a bid to tackle rising rates of obesity.
There is concern about the considerable variance in the recommended consumption levels of infant formula and follow-on formula in Asia and questions over the amount of protein they are required to contain, an international conference has heard.
High reported rates of type 2 diabetes in some Pacific Island nations have been called into question after Australian researchers found deficiencies in the methods used to test for the disease - a finding which may have wider global implications.
The US has challenged China through the World Trade Organization (WTO) regarding government support of wheat, corn and rice.
Soapbox
Studies suggest that, over time, exposure to the Blue Light could cause serious long-term damage to our eyes and sleep patterns.