
Fonterra names Paravicini COO Global Consumer, Food Service
By Rebecca Howard March 1 (BusinessDesk) - Dairy giant Fonterra Cooperative Group has appointed Lukas Paravicini chief operating officer, global consumer and food service, effective June 1. Paravicini, who is currently the dairy cooperative's chief financial officer, replac...

New Zealand dollar gains against Sterling on Scottish referendum jitters
By Rebecca Howard Feb. 27 (BusinessDesk) - The New Zealand dollar gained against the British pound after media reports that the Scottish government is seriously considering an independence vote but remained steady against the greenback ahead of US President Donald Trump’s add...

Crown argues it has power to revoke status of conservation land in Ruataniwha appeal
By Rebecca Howard Feb. 27 (BusinessDesk) - The Minister of Conservation has the right to revoke the status of land in the conservation estate, the Crown argues in a Supreme Court challenge to a ruling that's holding up a Hawke's Bay irrigation scheme allowing more intensive fa...

NZ dollar little changed, remains in tight range as Trump, Yellen awaited
By Jonathan Underhill Feb. 27 (BusinessDesk) - The New Zealand dollar started the week little changed, remaining in the range of just over 1 US cent that has kept it contained for more than two weeks. US President Donald Trump’s address before Congress on Tuesday and a talk by...