Woolworths Ltd, Australia’s largest retailer, booked a 6% rise in half-year profits on Friday, hitting the top end of a forecast it lowered last month.The company posted net profit after tax of $1.16...

Foodbank, Australia’s largest hunger relief organisation, had its resources put to the test in recent months in the face of the natural disasters in Queensland and Victoria.However, the charity said...

Woolworths Ltd has once again played down speculation that its chief executive Michael Luscombe is preparing to stand down from his post.Reports have dogged Woolworths over the past month that Luscombe...

After tasting and critiquing their way through 2,283 entries, the judges at the 2011 Macquarie Group Sydney Royal Wine Show have chosen their top drops of 2011, with chardonnay the stand-out favourite. Peter...

Clean Seas has returned a stronger-than-expected half-yearly result, with the company’s kingfish business generating cash flow for the first time. The company’s after-tax loss for the half...

New Zealand dairy giant Fonterra has installed five large milk vats in Christchurch, which will be filled with fresh water by the company’s tankers, for use while the city’s earthquake-shattered...

Wesfarmers has seen earnings in its its food retail division rise as it works to implement its turnaround strategy. Coles said that for the half ended 2 January, EBIT was up 18.3% to $575 million , while...

US spice maker McCormick is working to build its presence in developing markets, with the company looking for 12% of its turnover to come from these markets by 2015, up from 9% in 2010. The company sees...

FlyBuys, the joint venture begun by Coles, Shell and NAB, is now fully owned by the supermarket giant, after an annoucement that they had bought out the 50% share of their last remaining partner, NAB,...

Spanish food processor Ebro Foods has improved its A$600m offer for Ricegrowers, the Australian company that sells through the SunRice brand.In a letter to shareholders, Sunrice chairman Gerry Lawson said...