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Energy Mad nearly halves first-half loss by slashing staff costs, sales commissions and fees
By Paul McBeth Nov. 26 (BusinessDesk) - Energy Mad, the unprofitable lightbulb maker which counts NZX's SuperLife as its biggest shareholder, almost halved its first-half loss, after slashing staff costs and winding back sales commissions and other external fees. The net l...
China pips Australia as New Zealand's top annual export destination
By Tina Morrison Nov. 26 (BusinessDesk) - China pipped Australia to become New Zealand's top annual export destination in October, as increased sales of beef, milk powder and kiwifruit to Asia's largest economy contrasted with a decline in crude oil sales to Australia. Good...
Former Fonterra director Ralph Norris spells out reasons for his departure
By Fiona Rotherham Nov. 26 (BusinessDesk) - Ralph Norris took the opportunity at Fonterra Cooperative Group's annual meeting to lay to rest any speculation about his reasons for resigning as a director. Norris stepped down yesterday from the 13-member board, telling shareho...
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