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“No tainted NZ dairy goods in city” – Shanghai Daily

Shanghai Daily reports officials have found no dairy products with the potentially harmful chemical residue that was detected in some New Zealand dairy products. Shanghai Food Safety Office director Yan Zuqiang said the city’s food safety watchdog has done on-site inspections at local dairy product manufacturing lines, especially for products for children, and all the products have been tested as safe. The …

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Kathmandu lifts 1H profit by as much as 75 percent on Australian sales growth

Kathmandu, the outdoor equipment retail chain, boosted first-half profit by as much as 75 percent on the strength of sales across the Tasman. Net profit was between $9.5 million and $10.5 million in the six months ended Jan. 27, compared to $6 million a year earlier, the retailer said in a statement. That came from a 13 percent increase in …

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