
High Value Nutrition invests a further $7 mln in 'next generation' food, beverage research
By Fiona Rotherham Dec. 2 (BusinessDesk) - High Value Nutrition, the first and largest of the government’s National Science Challenges, has handed out $7 million in grants to research projects developing the “next generation” of foods ranging from helping babies sleep through...

Fonterra Australia to build $141 million cheese plant in Victoria after fire last year
By Fiona Rotherham Dec. 2 (BusinessDesk) - Fonterra Cooperative Group's Australian unit will invest $141 million in building a new cheese plant at its Stanhope factory in Victoria after its former one was destroyed by fire a year ago. The dairy cooperative said the cost of...

RESEND: Kiwi business philanthropy small on cash, big on in-kind goods and services, sponsorship
(Fixes name Antony Welton in 10th paragraph) By Fiona Rotherham Dec. 2 (BusinessDesk) - New Zealand businesses have become less giving in handing out cash in the past three years, with many corporates preferring to allow employees to volunteer time or to provide sponsorship...

Auckland team wins drone competition, attracts Hollywood interest
By Fiona Rotherham Dec. 1 (BusinessDesk) - A group of former Auckland University students has won $50,000 in a competition aimed at developing world-leading drone technology for the film, media, and gaming industries in a competition endorsed by movie mogul James Cameron. T...