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NZ business confidence rises to near 15-year high, suggesting a booming economy, ANZ says
Dec. 18 (BusinessDesk) – New Zealand business confidence rose to its highest in almost 15 years this month, adding to evidence the economy is picking up pace. A net 64.1 percent of firms are optimistic about general business conditions, up from 60.5 percent last month, according...
Coca Cola loses bid to block Frucor’s PepsiCo contoured bottle
Dec. 18 (BusinessDesk) - Coca-Cola Co has lost its attempt to stop local rival Frucor Beverages from using a similar contour-shaped bottle for the Pepsi range of drinks in New Zealand. In the High Court in Auckland, Justice Edwin Wylie turned down a claim that Frucor breached...
Fonterra’s South American venture with Nestle opens $45M distribution centre in Brazil
Dec. 18 (BusinessDesk) – Fonterra Cooperative Group’s South American joint venture with Nestle opened a $45 million distribution centre alongside its Araras, Brazil factory to distribute more than 200,000 metric tonnes of dairy products a year across South America’s biggest econ...
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