When news broke of the 1080 baby formula threats, there was an immediate financial market reaction. The currency weakened by more than a cent, interest rates fell and the sharemarket turned decidedly cautious.The potential human…
Hollywood's top stylists still love Dolce & Gabbana designs
WEST HOLLYWOOD, Calif. (AP) ” Some of Hollywood’s top fashionistas are standing behind Dolce & Gabbana; others aren’t so sure.The embattled brand was on the minds ” and bodies ” of guests at the Hollywood Reporter’s fourth annual…
NZ, US escalate WTO action against Indonesia on import restrictions
New Zealand and the US have escalated a complaint against Indonesia to the World Trade Organisation on import restrictions that led to the collapse in New Zealand beef exports to the southeast Asian country.New Zealand and the US…
Mainfreight forecasts annual profit hike, pays tribute to Rowlands
Mainfreight expects annual profit to rise as much as 7.1 per cent on revenues in excess of $2 billion as it pays tribute to one of the business leaders who helped it evolve from a company with one truck.The Auckland-based transport…
Anna Russell: How to go from good to great
Last year I spoke at the Sealord annual conference, sharing my perspectives as a professional athlete on the topic of good to great. It is a very interesting topic, from both a corporate and an athlete point of view. For Sealord…
Food: One way China still really, really needs the US
In the typical trade story with China, the low cost of production and strategic currency management helps propel its trade surplus with the United States, as it did to a record high last year. But all that changes when it comes…
Monsanto to pay $350K to settle more wheat-related lawsuits
NEW YORK (AP) ” Monsanto said Wednesday it will pay about $350,000 to settle class action lawsuits brought by farmers in seven states over genetically modified wheat.The St. Louis company said Wednesday it will make donations of…
Pacific tuna hammered by over-fishing
The Pacific’s tuna fishery is being hammered by over-fishing as the tiny nations controlling access to the some of the world’s richest waters hold out for more money and greater local investment.There are fears big-eye, yellow fin…
AbbVie seeks $30 million expansion of plant in Puerto Rico
SAN JUAN, Puerto Rico (AP) ” U.S. biopharmaceutical company AbbVie is planning a $30 million expansion at one of its three plants in Puerto Rico.Government officials say in a statement issued Wednesday that the Chicago-based company…
Google exec says immigration changes would help economy
WASHINGTON (AP) ” The executive chairman at Google urged Congress on Wednesday to increase the number of high-skilled work visas made available to foreigners and to deal with other immigration issues later on.Eric Schmidt spoke…