Veritas CFO Adrienne Roberts resigns after a year and a half
By Tina Morrison Oct. 19 (BusinessDesk) - Veritas Investments, the food and beverage investor, said chief financial officer Adrienne Roberts has resigned, just a year and a half after being appointed to the role. Auckland-based Veritas appointed Roberts in May last year, sa...
NZ dollar weakens ahead of Chinese 3Q growth data
By Tina Morrison Oct. 19 (BusinessDesk) - The New Zealand dollar declined ahead of economic data due out of China today which is expected to show weaker growth in the country's largest trading partner. The kiwi edged lower to 67.95 US cents at 8am in Wellington, from 68.08...
World Week Ahead: US earnings, China bets
By Margreet Dietz Oct. 19 (BusinessDesk) - A flurry of US corporate earnings from Morgan Stanley to Boeing to Amazon.com as well as the latest reports on the country’s real estate market are likely to set the tone in the days ahead. Today, China is set to release thir...
Fonterra faces 'substantial' drop in milk production before seasonal peak as farmers adjust to low prices
By Tina Morrison Oct. 16 (BusinessDesk) - Fonterra Cooperative Group's milk production has dropped heading into the seasonal peak as suppliers to New Zealand's largest commodity exporter respond to low dairy prices by winding back their output. Fonterra's milk intake for Se...
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