Close×

Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.

To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.

Food & Drink Business

The surge in usage of ‘GLP-1’-style weight loss medications is seeing a “ripple effect” begin to unfold, impacting eating patterns in a number of countries around the world, Rabobank says in recently released research.

Fonterra has reported total group profit after tax of $278 million for 1Q26, up $15 million on the same period last year, as the co-op now pushes ahead with its multi-year business reshaping and the divestment of Mainland Group.

The federal government has announced an additional $10 million in funding support for Australia’s wine and cider industry, through the Wine Tourism and Cellar Door Grants program, which is now on its seventh round.