Fonterra chief executive Andrew Ferrier says it looks likely the cooperative's 10,724 farmers will have to write off their entire investment in toxic Chinese joint venture Sanlu. more... |
New Zealand's net migration gain in the year to October was the lowest for any 12-month period in seven years, new figures show. more... |
Fonterra Cooperative Group Ltd today slashed its farmers' expected payout for the current season to $6/kg milksolids. more... |
Aged care and retirement village operator Ryman Healthcare says demand for its product continues to grow, as it posted a 10 percent rise in first half realised profit to $26 million. more... |
The New Zealand sharemarket was down sharply in early trading, after equities plunged in the United States as the price of oil fell and worries about the prospects for an automakers' bailout increased. more... |
The New Zealand sharemarket went for a ride lower today along with slumping world markets. more... |
Fisher & Paykel Healthcare shares fell 5c to $3.07 in afternoon trading after the company posted a 51 percent lift in interim profit, held its dividend and predicted a 70 percent rise in annual profit. more... |
The New Zealand sharemarket tumbled in early trading after world markets slumped, despite strong half-year results from Fisher & Paykel Healthcare. more... |