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Tasmanian 'Eco-Milk' tests shoppers' thirst for climate-friendly dairy

Tasmanian 'Eco-Milk' tests shoppers' thirst for climate-friendly dairy By Peter Hobson CANBERRA, July 22 (Reuters) - A small dairy in Tasmania is stocking supermarket shelves with what it says is the world's first branded milk produced by cows fed with a seaweed that makes them emit lower levels of environmentally damaging methane gas. The livestock industry accounts for around 30% of global methane emissions, according to the United Nations.
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Bell Potter initiates coverage for Southern Cross Electrical Engineering with 'buy' rating

BUZZ-Bell Potter initiates coverage for Southern Cross Electrical Engineering with 'buy' rating ** Bell Potter initiates coverage for Australia's Southern Cross Electrical Engineering SXE.AX with a "Buy" rating at a target price of A$2.10 per share ** "We expect SXE will deliver EPS growth of 41.3% in FY25, with our FY25 EBITDA estimate of $53.8m c
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Sticky inflation restricts 1H gains for Aussie staple consumer firms

BUZZ-Sticky inflation restricts 1H gains for Aussie staple consumer firms ** Australian staple consumer stocks .AXSJ on track to gain a meagre 1% in 1H24, underperforming the broader benchmark index .AXJO ** Top Aussie supermarket chain Woolworths Group WOW.AX has lost 9.6% in 1H24, eyeing its worst half-year since 2016 ** Sticky inflation across the spectrum has meant consumers are cutting down on spending ** Westpac senior economist says pessimism prevails among consumers and high inflation ha
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Morgan Stanley flags margin pressure for Australia's Metcash amid high costs

BUZZ-Morgan Stanley flags margin pressure for Australia's Metcash amid high costs ** Analysts at Morgan Stanley say supermarket wholesaler Metcash Ltd's MTS.AX retail margins are under pressure due to rising costs ** Co posts FY net profit attributable A$257.2 million ($170.50 million), lower than A$259 million recorded last year ** Shares rise as
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Woolworths Announces Response To Final Food And Grocery Code Review

BRIEF-Woolworths Announces Response To Final Food And Grocery Code Review June 24 (Reuters) - Woolworths Group Ltd WOW.AX : RESPONSE TO FINAL FOOD AND GROCERY CODE REVIEW NOTE FEDERAL GOVERNMENT’S RESPONSE TO FINAL REPORT’S RECOMMENDATIONS, WHICH WE ARE CONSIDERING IN DETAIL REITERATES SUPPORT FOR CODE BECOMING MANDATORY AND BELIEVE HEALTHY RET
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