Business

Fonterra still exposed to Beingmate in Bubs supply deal
Primary Sector

Fonterra still exposed to Beingmate in Bubs supply deal

By Rebecca Howard May 7 (BusinessDesk) - Fonterra Cooperative Group will still be exposed to its former Chinese partner Beingmate Baby & Child Food Co, albeit one step removed, in a new supply deal with Bubs Australia.  Fonterra Australia will supply Bubs with organic milk...

Rebecca Howard 06 May 2019
Pohokura work winding up
Infrastructure

Pohokura work winding up

By Gavin Evans May 7 (BusinessDesk) - Maintenance work at the country’s biggest gas field is winding up, with China Oilfield Services’ Boss rig expected to start decoupling from the Pohokura production platform by tomorrow. That process means production from the field’s off...

Gavin Evans 06 May 2019
Chch councillors rue govt funding pullback in successful $2.2B SCIRT programme
Policy

Chch councillors rue govt funding pullback in successful $2.2B SCIRT programme

By Paul McBeth May 7 (BusinessDesk) - Christchurch city councillors were left ruing central government's decision to dial back its share of the largely successful $2.24 billion programme to rebuild and repair the city's horizontal infrastructure such as water pipes and roads. ...

Paul McBeth 06 May 2019
UPDATE: Huawei calls for talks with GCSB minister on 5G
Policy

UPDATE: Huawei calls for talks with GCSB minister on 5G

(Adds GCSB comment from 20th paragraph) By Nikki Mandow May 6 (BusinessDesk) - Huawei has vigorously defended its right to be part of New Zealand’s 5G mobile network build at the China Business Summit in Auckland this morning. And it has called on GCSB Minister Andrew Littl...

Nikki Mandow 06 May 2019