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NZ dollar falls on reports of China destroying local milk, Fonterra plays down scare
By Paul McBeth Feb. 19 (BusinessDesk) - The New Zealand dollar fell in local trading after reports China's quarantine administration destroyed three different brands of locally-produced milk powder, reigniting fears about the quality of the country's biggest export. The kiwi...
Fonterra plays down reports of Chinese officials destroying NZ milk powder
By Paul McBeth Feb. 19 (BusinessDesk) - Fonterra Cooperative Group, the world's biggest dairy exporter, is playing down reports that China's quarantine administration destroyed three different New Zealand brands of milk powder as being nothing out of the ordinary and part of a r...
Liquidator sheets home $19m in liabilities to Mainzeal offshoot
By Pattrick Smellie Feb. 19 (BusinessDesk) - A building façade supplier linked to the collapsed construction company Mainzeal Property and Construction had racked up total liabilities of $18.9 million, according to the first liquidators' report. King Façade, a company with link...
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