Fonterra’s China farms sale claws back half its $1b investment
Fonterra will use sale proceeds to pay down debt in line with decision to focus on NZ farmers' milk, it says.
MARKET OPEN: Offshore events to dominate
Offshore events will dominate sentiment as headlines continue to roll about US President Donald Trump’s battle with covid-19, the impact on the US election and ongoing US fiscal stimulus negotiations.US markets were unsettled after news the US leader and his wife had tested posit...
MARKET OPEN: Better night on Wall Street to help sentiment
The local market may trade in positive territory after Wall Street recovered some of its losses on renewed hopes of further coronavirus-related fiscal stimulus.