Primary Sector
Explore the latest primary industry news by BusinessDesk.
Scales shares drop 4.6% on withering earnings outlook
Scales Corp shares dropped 4.6 percent after the agribusiness was less upbeat about annual earnings as covid-19 hits global sales and prices.The company said it expects underlying net profit to be at the bottom end of its $30 million-to-$36 million guidance range in calendar 2020...
Waikato's BBC to double tech staff with $14m R&D centre
BBC Technologies wants to more than double the size of its team developing an artificial intelligence blueberry sorting system with a $14 million investment in a new research and development facility. The company current employs 40 people on the technology side of its busines...
Policy
Fed Farmers backs RMA overhaul but wants one law, not two
Federated Farmers backs the overhaul of the Resource Management Act but argues the legislation should remain within one statute to avoid which one trumps the other. "We’re struggling to see the advantages of having two new pieces of legislation. No-one has been able to lucidl...
Infrastructure
Fonterra first customer for Microsoft's NZ data centres
Fonterra Cooperative Group has signed up to the new data centres Microsoft is establishing in New Zealand.The dairy giant is the first customer of the new centres being built in Auckland by Canberra Data Centres.The five-year deal is part of a broader partnership which will see F...
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Riley Kennedy
Journalist
Riley won the Dairy NZ Industry Award at the NZ Guild of Agricultural Journalists and Communicators Awards in 2024. He was the New Zealand Shareholders Association emerging journalist of the year in 2022. His journalism experience includes more than a year as a business specialist at the Otago Daily Times. He has a diploma in journalism from Wintec.
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articles by Riley