A batch of skim milk from Australia has been found to contain high levels of bacteria and is being recalled by Hong Kong’s sole importer. The WSJ’s Caroline Henshaw explains how this may hurt consumer confidence more than anything else.

A batch of skimmed milk from Australia has been found to contain high levels of bacteria and is being recalled by its sole importer, the city's health authorities said Thursday.

Wolf Richter   www.testosteronepit.com   www.amazon.com/author/wolfrichter No one accused Apple of having violated US tax laws. The Senate subcommittee investigation and hearings merely exposed how Apple is dodging income taxes by doing what multinationals do: taking advantage of the handouts and loopholes that the US Congress and governments around the world are handing them. Tim Cook emerged smelling like a rose, the ...

Can you find the safe one? “A COUNTRY like this can put a satellite into space but it can’t put a safe bottle teat into a child’s mouth.” So declares Ai Weiwei, China’s most famous dissident artist. His latest provocative work (pictured), part of an exhibition which opened on May 17th in Hong Kong, is a map of China made ...

In a bid to expand its presence in China, Hershey recently announced its plans to launch a new milk candy brand called Lancaster in the country.