Food and Beverages

The year in KGB: CEO edition

Some of Australia's most influential leaders across the retail, mining, finance, food and beverage, and insurance industries shared their insights with the KGB.

Treasury Wine H1 tracks ahead of FY14

Wine group says first half performance on plan, cost reductions largely completed.

In China, local dining chains bite into West

McDonald’s, KFC face tougher competition as domestic operators grow rapidly.

Coca-Cola clears CCA investment

The Coca-Cola Company board backs $US500m boost for CCA's Indonesian expansion.

RFG eyes Pie Face purchase

Retail Food Group may be interested in a play for troubled fast-food chain.

Former Taco Bell chief takes on Yum

Greg Creed faces big challenges, including assuagingfood-safety concerns.

Milking the free trade agreement

Peter Cai speaks to Fonterra Australia's Judith Swales about the China-Australia free trade agreement and what it means for the dairy industry.

Crown plans new luxury hotel

Initial investment of $50 million agreed for joint venture project in Melbourne's Southbank.

Yum's China sales slow to recover

by AP
Yum Brands cuts profit outlook for the year food-safety scare continues to bite.

Aust can't repeat NZ's China luck

Rabobank says Australia won't replicate NZ dairy exporters' China FTA success

McDonald's global sales weaken 2.2%

by AP
Comparable November sales down 2.2% as fast-food chain struggles to regain momentum.

NZ wine exporter hires UBS for potential IPO

Yealands Wine Group, NZ’s sixth-biggest wine exporter, has hired investment bank UBS to assist with a strategic review that may progress to an IPO.

Coca-Cola Amatil to cut 260 jobs

CCA flags 260 job cuts in back-office restructure, still expects higher H2 earnings.

DataRoom AM: China's railway play

Chinese firms look to be on the hunt for Australian rail assets, while foreign players interested in NSW and Queensland's 'poles and wires' seek local partners to bolster their bids.

Woolworths taps into Chinese wine market

Woolworths Liquor Group acquires key drinks distributor in China for undisclosed price.

DataRoom AM: Lining up Link

Another billion-dollar-plus business looks likely to join ASX boards next year, while an offshore investment fund puts in an offer for cinema chain Hoyts.

Menora sale deadline extended

The $100m food marketing and distribution business may not be sold until 2015.

Tourism Australia's plan to whet China's appetite

Tourism Australia is betting on China’s enduring love affair with food and wine as a way to entice more Chinese tourists to travel down under.

DataRoom AM: Dairy déjà vu

Dairy groups battle it out for control of United Dairy Power, while Goldman Sachs weighs bids for BG’s Queensland gas pipelines.

Pie Face closures to claim 130 jobs

by AAP
Around 130 jobs will be lost as administrators of the financially troubled Pie Face close 20 stores.