Fonterra milk collection drops 10% in first month of 2017 season

Fonterra milk collection drops 10% in first month of 2017 season

By Paul McBeth July 14 (BusinessDesk) - Fonterra Cooperative Group's New Zealand milk collection dropped 10 percent in the first month of the 2017 season, a period when production is typically at a low.  The Auckland-based dairy cooperative collected 9.9 million kilograms o...

Paul McBeth 13 Jul 2016
E Tu reaches agreement with manufacturers in Metals collective deal

E Tu reaches agreement with manufacturers in Metals collective deal

By Paul McBeth July 14 (BusinessDesk) - E Tu union leaders and manufacturing firms have reached an agreement in a cross-employer deal covering 600 workers at more than 80 firms.  Representatives from the union and nine companies resumed talks this week in their second round...

Paul McBeth 13 Jul 2016
NZ dollar little changed as risk-on rally runs out of steam

NZ dollar little changed as risk-on rally runs out of steam

By Paul McBeth July 14 (BusinessDesk) - The New Zealand dollar was little changed as stock markets and commodity prices ended their rally over recent days with figures showing US fuel supplies unexpectedly grew.  The kiwi traded at 72.68 US cents at 8am in Wellington from 7...

Paul McBeth 13 Jul 2016
UPDATE: Moa executive director David Poole buying shares in latest rally

UPDATE: Moa executive director David Poole buying shares in latest rally

July 13 (BusinessDesk) - (Updates and recasts with director purchases) Moa Group executive director David Poole, who heads up the brewer's Australian sales team, has been buying shares on market in the company's recent share rally which prompted a 'please explain' from the sto...

Paul McBeth 13 Jul 2016