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Spierings reshuffles Fonterra management team again, creates new consumer, foodservice unit
By Tina Morrison June 17 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings has reshuffled the roles of some of his top managers for the third time in a year in changes he says will sharpen the commercial and customer focus at the world's largest dairy...
NZ dollar hits 3-year low vs. Japanese yen after BOJ refrains from adding further stimulus
By Tina Morrison June 17 (BusinessDesk) - The New Zealand dollar touched its lowest level against the Japanese yen in more than three years after the Bank of Japan failed to add further stimulus following a two-day meeting, sparking renewed interest in the yen. The kiwi hit...
While you were sleeping: Wall St pares losses
By Margreet Dietz June 17 (BusinessDesk) - Wall Street fluctuated, with equities paring some of their earlier losses, as investors geared up for Britain’s potential exit from the European Union, a fate that hinges on a June 23 referendum. The murder of Jo Cox, a British mem...
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