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Fonterra wins 10-year contract to supply Woolworths in Australia’s Victoria state
April 3 (BusinessDesk) – Fonterra Cooperative Group, New Zealand’s dominant dairy exporter, has won a contract to supply Woolworths home-brand milk in the Australian state of Victoria for the next 10 years, wresting the previous one-year supply agreement off Japanese Kirin-owned...
Consultant tells Feltex hearing he turned down shares as payment a year out from float
April 3 (BusinessDesk) – An Australian engineering consultant specialising in ‘lean manufacturing’ says he turned down an offer of shares in Feltex Carpets in the year before its initial public offering because he was concerned for the company’s future. John Blakemore, principl...
Z Energy targets $40-$50 mln operating earnings uplift by 2018
By Pattrick Smellie April 3 (BusinessDesk) – Z Energy is targeting an increase of $40 million to $40 million in annual operating earnings by expanding its network of outlets, get customers buying its food and coffee more, refocusing its commercial diesel operation, and squeezin...