Karan Bilimoria weathered many storms on his way to creating the world-beating Cobra Beer brand. Now, as Lord Bilimoria, he is taking on a government with which he has profound differences. Victory in this battle is not quite so certain, as he told Nick Peters.
US cigarette company Philip Morris has been unsuccessful in its challenge of Australia’s plain packaging laws after an international arbitral tribunal dismissed the multinational’s claims that plain packaging was in breach of the Australia-Hong Kong bilateral investment treaty signed in 1993.
The Federal Court of Australia has ordered consumer goods giant Reckitt Benckiser to remove its popular Nurofen brand from Australian shelves, after finding the British-based multinational engaged in misleading conduct in contravention of the Australian Consumer Law.
Solazyme, a pioneer in microalgae innovations and Bunge, one of the world’s largest agribusiness and food companies, have agreed to expand a joint venture to bring algae to kitchens and dinner tables around the world.