Business
Primary Sector
Fonterra maintains guidance, leaves wide milk forecast
Fonterra says it remains on track to deliver on its forecast earnings guidance of 15 cents to 25 cents a share for the year, despite market challenges related to covid-19. The world’s fifth largest dairy company reported improved earnings figures for the third quarter today, a...
Primary Sector
MARKET OPEN: Fonterra announcement may temper lift in global sentiment
A lift on Wall Street may spur domestic investor appetite, although an announcement from Fonterra Dairy Cooperative on its forecast payment for the 2020-21 season could set the tone. The Dow Jones Industrial Average was up 1.5 percent at 8:20am in Wellington, while the S&P500...
Economy
Govt mulls easing restrictions in level 2 alert regime
Options to ease restrictions on social gathering will be considered by the government on Monday as it looks for ways to get the economy moving.
Policy
NZ needs to be kept on international visitor radar, MPs told
New Zealand needs to remain a potential destination for international travellers if parts of the sector are to survive, tourism operators told MPs today. Tim Barrow, co-owner of Rotorua-based Volcanic Air Safari, said the trans-Tasman bubble mooted with Australia would throw t...
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