Page 5 - Tim Ford News Today

Xiao Qian said that the relationship between Beijing and Canberra had “stopped free-falling and stopped deteriorating” since their depths four years ago.

Australian wine-makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs.

Optimism is rising at Treasury Wine Estates despite muted first half results and a cut in dividend, as CEO Tim Ford says its American division will pick up pace.

With China expected to lift its crippling tariffs on Australian wine by the end of March, the CEO of Treasury Wine Estates is standing by to re-allocate Penfolds shipments away from other global markets.

(Bloomberg) -- Australia’s barley sales to China have soared since Beijing scrapped tariffs six months ago, highlighting the power of the huge market as the wine industry Down Under prepares for a possible end to its restrictions.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InGoldman Lifts S&P 500 Tar...

Australian wine makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine a...

Total group earnings reduced by 5.8 per cent due to a conscious weighting of product shipments to the second half of FY24.

Soaring profits at big companies selling everyday staples such as groceries, electricity and insurance bring new risks for shareholders and undesirable scrutiny from Canberra.

Australian wine makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine and revive a trade worth hundreds of millions of dollars,...

China has been lifting trade barriers on other Australian goods as relations improve, and data shows winemakers sent almost 2.5 million litres of wine worth US$65.5 million to Hong Kong in December.