The Withers family behind 7-Eleven in Australia have acquired the Australian operating licence of Starbucks and control of the local operations of the global coffee giant. However, the Withers Group have intimated that the existing 24 ...
Tags: Starbucks, 7-Eleven Connections
Australia-based Cabral Resources plans to obtain all the environmental permits it needs for its Sincora iron ore project in the state of Bahia, Brazil, by September this year, the company announced this week. “Cabral is currently ...
Tags: Iron Ore, Cabral Resources
Australia's Newcastle port exported 2.8 million mt of thermal and coking coal in the week to Monday, falling 19% on the week, as the port's vessel queue continued to shrink, according to the Newcastle Port Corporation's latest weekly ...
Tags: thermal, coking coal
Australian gin drinking is on the rise Gin has enjoyed a renaissance in Australia over the last five years, according to Australian market research organisation Roy Morgan Research. In 2009, 636,000 Aussie adults drank gin in any ...
Tags: Spirit of Gin, Australian Drinkers
Energy drink brand Mother had launched a Premium 250mL can of Mother classic, designed exclusively for licensed bars, nightclubs, restaurants and venues. As well as the roll out of the Premium Can, Mother will be adding to its fountain ...
Tags: Energy drink, Premium Can
Australia’s dairy food company Devondale Murray Goulburn has invested A$19m ($17.5m) in the expansion of its Koroit facility, in a move to cater to the growing demand for infant formula powder. The Koroit site currently produces ...
Tags: dairy food, Murray Goulburn
Holden, the Australian subsidiary of US automaker General Motors (GM), has recalled over 45,000 units of the Commodore and Caprice vehicles in Australia and New Zealand over seatbelt safety concerns. The recall affects 41,933 cars in ...
Tags: Seatbelt Safety, Holden
World cotton trade in 2014/15 is forecast to reach only 36.3 million bales, 10 percent below the previous season and the lowest since 2010/11. While imports by China have supported cotton trade over the last several seasons, expectations ...
Tags: Cotton Trade, Cotton
Infinera Corp of Sunnyvale, CA, USA, a vertically integrated manufacturer of digital optical network systems incorporating its own indium phosphide-based photonic integrated circuits (PICs), has announced the completion of a multi-terabit ...
Tags: Cable, Transport Network
South Korean car maker Hyundai has issued a recall for 32,325 units of its small SUV ix35 in Australia due to defects in car’s steering wheel-mounted airbags. The recall, which affects ix35 SUVs built between January 2011 to ...
Foot Locker, Inc. reported net income for the company's first quarter ended May 3, was $162 million, or $1.10 per share, compared with net income of $138 million, or 90 cents per share, last year. Wall Street's consensus estimate had been ...
Tags: Foot Locker, gross margin
Cadmium telluride (CdTe) thin-film photovoltaic module maker First Solar Inc of Tempe, AZ, USA, international mining group Rio Tinto and Australian solar energy firm Ingenero have announced an agreement for the development of the Weipa ...
Tags: Solar, Ingenero, Diesel-PV Hybrid
Advantame, a new high intensity sweetener, has received approval from the US Food and Drug Administration (FDA) for general use in foods and beverages. The new sweetener, whose safety is supported by 37 scientific studies, has ...
Tags: General Purpose Sweetener, US FDA
In April this year, China imported 47 million mt of iron ore from Australia, up 45.8 percent year on year, accounting for 56.4 percent of China's total iron ore import volume of 83.39 million mt during the given month, as announced by the ...
Tags: Iron Ore, Iron Ore Imports
Norilsk Nickel is to sell its Avalon and Cawse nickel assets in western Australia to Wingstar Investments, the Russian producer said Wednesday. "The assets encompass the Avalon (formerly Bulong) nickel laterite deposit and processing ...
Tags: nickel, Norilsk Nickel