Foster’s Group Limited (Foster’s) and Grupo Modelo, brewer of Mexico’s leading exported beer Corona Extra, today executed an early extension to an exclusive license to sell and market Corona Extra...

Japanese food and drink group Kirin Holdings has shuffled its management pack as the company looks to push on with plans to drive earnings. Kirin, which owns Australia’s Dairy Farmers and National...

Coca-Cola’s fourth quarter results, published yesterday, show a net income of US$731 million for 2009, and a comparable net income of US$788 million. While sales in North America fell 5% and prices...

Australian dairy co-op Murray Goulburn is weighing up the company’s next step in the takeover battle for rival firm Warrnambool Cheese and Butter Factory (WCB) but repeated its interest in the business. Reports...

Wine grape growers are feeling the full force of oversupply and economic downturn as prices for fruit plummet.  Wine exports have fallen by 21% since their peak in October 2007 and it is estimated that...

Red Rooster’s latest offering, the Wild Barramundi Burger, has drawn criticism for what some see as misleading advertising. The burger contains cheaper imported South-East Asian barramundi, known...

In August last year Australia’s kangaroo export trade collapsed when Russia banned imports of kangaroo meat due to food hygiene concerns. Exports to Russia accounted for nearly 70 percent of the...

While much of Queensland has experienced heavy rainfalls this summer, apple growers around Stanthorpe, in the Granite Belt south west of Brisbane are facing tough growing conditions due to the drought. Picking...

PepsiCo has announced their latest product offering, new Naked Coconut Water.   Launched under their Naked Juice label, the only ingredient in this new product is 100 percent coconut water. This 100...

Thanks to their new Seafood Handling Guidelines seafood lovers can count on maximum freshness and quality from catch to plate, says Sydney Fish Market (SFM). Exceeding current industry standards, the Guidelines...