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Fonterra appears to have seen the error of its ways on bill paying

Jenny Ruth
Thu, 04 Jun 2020

Jenny Ruth
Thu, 04 Jun 2020
Fonterra appears to have seen the error of its ways when it come to paying its bills, if Small Business Minister Stuart Nash is to be believed.Nash cited the dairy giant as one of the companies that "has confirmed it is seeking to accelerate payments to its 10,000 farming businesses and 5,000 small vendors who have business with Fonterra worth up to $300,000." The government has asked government agencies, most of the companies within the S&P/NZX 50 Index, other significant private companies and the banking industry to partici...

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MARKET CLOSE: Healthcare stocks lead market higher
Dan Brunskill | Thu, 01 Oct 2020

The healthcare sector led a broad rally on the New Zealand share market, mirroring a similar trend in United States indices on Wednesday night. The S&P/NZX 50 Index rose 65.45 points, or 0.6 percent, to 11,812.73. Within the index, 30 stocks rose, 10 fell and 10 were unchanged. T...

Steel & Tube plans for recession despite strong Q1
Jenny Ruth | Thu, 01 Oct 2020

A good quarter wasn't enough to derail Steel & Tube's recession planning.

Hydrogen attractive replacement for smelter - Meridian
Gavin Evans | Thu, 01 Oct 2020

Hydrogen potentially a good fit for post-smelter power sector.

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