Business

Changes brewing in coffee market
Retail

Changes brewing in coffee market

Flat white lovers aren't drinking any less as a result of the covid-19 crisis, but the pandemic will have impacts on the coffee market as consumers adapt their sources of caffeine, says Rabobank. The agribusiness banker said closure of food service outlets and offices during c...

Brent Melville 29 Jun 2020
Rakon shares climb as earnings beat guidance
Infrastructure

Rakon shares climb as earnings beat guidance

Rakon shares rose 9.6 percent after the telecommunications component maker reported better than expected earnings and said the outlook, while murky, was generally positive.The company reported underlying earnings before interest, tax, depreciation and amortisation of $14.8 millio...

Paul McBeth 29 Jun 2020
Limited visibility for managed isolation planning
Policy

Limited visibility for managed isolation planning

The country’s managed isolation and quarantine units are struggling to keep up with a rapidly increasing number of returning Kiwis, with limited visibility into airline manifests. A review found that while the system is not broken, it is under “extreme stress” and not able to...

Paul McBeth 29 Jun 2020
Fonterra's carrot looks more like a stick
Primary Sector

Fonterra's carrot looks more like a stick

Fonterra Cooperative Group recently announced it will pay farmers more for sustainable, high-quality milk, but it turns out it's more of a stick than a carrot. The dairy exporter is introducing a cooperative difference payment of up to 10 cents per kilogram of milk solids if a...

Rebecca Howard 29 Jun 2020