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Bionona sticks to online sales in launch of eczema treatment
By Paul McBeth Feb. 8 (BusinessDesk) - Bionona has launched its Atopsis eczema cream treatment and will stick to online sales as it chases "a couple of million" in sales in the first year. The cream is the brainchild of chief executive Iona Weir, the biochemist who oversaw...
Synlait lifts forecast payout to farmer suppliers on gain in global prices
By Rebecca Howard Feb. 9 (BusinessDesk) - Synlait Milk, the NZX-listed dairy company, increased the forecast payout for its farmer suppliers to $6.25 per kilogram of milk solids for the current season up from a prior forecast of $6/kgMS. "International dairy commodity price...
NZ dollar little changed before RBNZ statement that may nudge up track for interest rates
By Jonathan Underhill Feb. 9 (BusinessDesk) - The New Zealand dollar was little changed, holding just above 73 US cents, ahead of a Reserve Bank statement that may project a higher track for interest rates than the steady-as-she-goes projection it gave three months ago. Th...