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US earnings season starts amid glimmers of hope on trade, Brexit
Economy

US earnings season starts amid glimmers of hope on trade, Brexit

The US company reporting season about to get underway will provide the latest readings on how the world's largest economy is performing amid all the geopolitical headwinds. It's not likely to paint the brightest picture – analysts are predicting a third successive quarter of e...

Jenny Ruth 14 Oct 2019
More dairy needed to achieve sustainable global diet - Fonterra
Primary Sector

More dairy needed to achieve sustainable global diet - Fonterra

Global dairy output will have to increase – not fall – if the dietary targets of an international study on sustainable food production are to be achieved, Fonterra says. While dairy consumption in Europe and North America exceeds the levels proposed in a sustainable reference...

Gavin Evans 11 Oct 2019
Walmart US boss flies home as incoming Air NZ CEO
Infrastructure

Walmart US boss flies home as incoming Air NZ CEO

Air New Zealand has appointed Greg Foran, currently chief executive of Walmart US, as its new CEO from early next year. Foran, a New Zealander, joined Walmart International in 2011, where he carried out a number of roles including president and CEO of Walmart China. He took up...

Rebecca Howard 11 Oct 2019
Michael Hill Q1 sales rise 9.7%; margin compression continues
Retail

Michael Hill Q1 sales rise 9.7%; margin compression continues

Jeweller Michael Hill International reported a 9.7 percent lift in September-quarter sales but said margin compression continues.Sales increased to A$124 million in the period, and were up 11.9 percent when adjusted to reflect a new store opened in Canada and three closures in Au...

Gavin Evans 11 Oct 2019