- Reuters•17 days ago
WELLINGTON/SYDNEY, April 10 (Reuters) - As China's middle class develops its taste for imported food and drink, fresh produce suppliers in New Zealand and Australia are topping up nature's bounty with anti-counterfeiting technology in a bid to protect their growing business from fakes. Suppliers of goods from fruit to wine and lamb are teaming up with makers of tracking systems, codes and powders to combat fakes that cost the global food business billions of dollars.
- Reuters•last year
Stock prices for baby food makers, which climbed after China pledged on Thursday to ease family planning restrictions, may have surged too soon, with analysts and one leading company predicting little chance of a significant bump in demand from the policy change. Shares for milk-powder maker Danone SA hit a five-month high and Mead Johnson Nutrition Co reached a two-month high after China's ruling Communist Party said it will allow all couples to have two children after decades of a strict one-child policy. The announcement comes at a time when sales for baby food and milk formula companies have weakened due to China's economic slowdown and its campaigns to promote breastfeeding.
- Reuters•2 years ago
BEIJING/WELLINGTON, Aug 21 (Reuters) - At the upmarket Black Swan bakery in Beijing, where well-heeled customers browse rooms of glass cases displaying elaborate layered western-style cakes, Jin Yuchen is buying a birthday cake for his mother. Jin is one of a rapidly growing number of Chinese consumers with a taste for non-traditional foods such as rich cakes and pizza that is fuelling demand for imported cheese. The Black Swan bakery imports cream cheese and other dairy products from New Zealand's Fonterra, the world's largest dairy exporter, which is ramping up cheese production to meet the growing Chinese demand.
FSF.NZ : Summary for Fonterra Shareholders' Fund Uni - Yahoo Finance
Fonterra Shareholders Fund (FSF.NZ)
NZSE - NZSE Delayed Price. Currency in NZD
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|Day's Range||6.02 - 6.07|
|52 Week Range||5.31 - 6.40|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|