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Butter prices softening from record high levels

Butter prices softening from record high levels

By Tina Morrison Nov. 7 (BusinessDesk) - Butter prices are forecast to soften on the GlobalDairyTrade platform overnight as buyers balk at high prices, although analysts say the price is set to remain elevated due to the underlying strong demand and limited supply.  The GDT...

Tina Morrison 07 Nov 2017
UPDATE: Vero drops takeover appeal after Tower terminates agreement

UPDATE: Vero drops takeover appeal after Tower terminates agreement

(Recasts on Vero appeal, share drop and updates share price) By Paul McBeth Nov. 7 (BusinessDesk) - Suncorp Group-owned Vero Insurance has ditched a planned appeal of a rejected takeover bid for Tower after the New Zealand insurer terminated their arrangement. The shares dr...

07 Nov 2017
CORRECT: Serious Fraud Office ends four-year Zespri investigation with no charges

CORRECT: Serious Fraud Office ends four-year Zespri investigation with no charges

(Fixes length of investigation in headline and lede paragraph, adds timing in 4th paragraph) By Paul McBeth Nov. 7 (BusinessDesk) - The Serious Fraud Office won't files charges against Zespri Group over dual-invoicing, ending a four-year investigation into the legislated fr...

Paul McBeth 06 Nov 2017