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Bright Food provides Silver Fern with letter of comfort over Shanghai Maling vote
By Jonathan Underhill Oct. 16 (BusinessDesk) - China's state-owned Bright Food Group has provided a letter of comfort to Silver Fern Farms that it will vote its 38 percent stake in Shanghai Maling Aquarius in favour of acquiring 50 percent of New Zealand's biggest meat company...
Fonterra faces 'substantial' drop in milk production before seasonal peak as farmers adjust to low prices
By Tina Morrison Oct. 16 (BusinessDesk) - Fonterra Cooperative Group's milk production has dropped heading into the seasonal peak as suppliers to New Zealand's largest commodity exporter respond to low dairy prices by winding back their output. Fonterra's milk intake for Se...
Business lobbyists say 90-day trial period long enough
By Paul McBeth Oct. 16 (BusinessDesk) - Business lobby leaders are pleased with the way small business owners are using the 90-day trial period, but don't think it needs to be extended. The MYOB Business Monitor survey of more than 1,000 small-and-medium sized business owne...
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