All News
NZ withdraws certification for Westland Milk product shipped to China after nitrates found
Aug. 19 (BusinessDesk) – New Zealand’s Ministry for Primary Industries has revoked export certificates for four consignments of lactoferrin made by Westland Milk Products after unacceptable levels of nitrates were found in two batches. One batch was exported directly to China a...
NZ producer input, output prices rise in 2Q, led by dairy
Aug. 19 (BusinessDesk) – New Zealand producer input and output prices both rose in the second quarter, led by dairy products after Fonterra Cooperative Group lifted its forecast farmgate payout to farmers and prices rose for exports of milk powder, cheese and butter. The input...
Z Energy jumps 6.6 percent on NZX debut, valuing company at $1.49 bln
Aug. 19 (BusinessDesk) - Shares in Z Energy jumped 6.6 percent to near the top of its indicative price range in its NZX debut today, valuing the service station chain at $1.49 billion. The stock first traded at $3.73, up from its $3.50 initial public offering price, and recent...