NZ dollar holds above 68 US cents as greenback buoyed on rates, euro woes
By Rebecca Howard Nov. 21 (BusinessDesk) - The New Zealand dollar continued to hover around 68 US cents as the greenback was supported by higher US bond yields and as geopolitical concerns weighed on the euro. The kiwi dollar traded at 68.01 US cents as at 5pm from 68.07 US...
Fonterra's NZ milk collection lifts slightly in October as weather improves
By Rebecca Howard Nov. 21 (BusinessDesk) - Fonterra Cooperative Group's domestic milk collection lifted slightly in October as weather conditions improved toward the latter half of the month. Auckland-based Fonterra collected 208.8 million kilograms of milk solids in Octobe...
A2 Milk revenue, profit pushes higher in first four months of FY18
By Rebecca Howard Nov. 21 (BusinessDesk) - A2 Milk, which markets milk with a protein variant said to have health benefits, says both revenue and net profit jumped in the first four months of the current financial year as it continues to benefit from strong demand for its infa...
Arvida's 1H net profit dips on lower portfolio valuation
By Rebecca Howard Nov. 21 (BusinessDesk) - Arvida Group, the retirement village company that listed in 2014, reported a decline in first-half profit on lower valuation gains and higher employee costs after a pay equity deal. Net profit fell to $14.5 million in the six mont...
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