NZ's largest privately owned dairy operation is considering selling out to a Chinese company for over $200m.

Fonterra has ruled out a public listing of its shares as part of its proposed capital restructure.

Robust bidding in Fonterra's monthly online auction of whole milkpowder early today lifted the average price paid by 24.2 per cent to US$2858/tonne.

Dairy giant Fonterra is poised to unveil its second proposal for capital structure reform within days.

Embarrassing mistake in company's financial statement.

Embarrassing 'fudge this' line slips into the company's annual financial statement.

The New Zealand dollar may keep rising this week after good jobs data from the US boosted confidence that the world's largest economy is recovering.

Federated Farmers says agitation about dirty dairying has led farmers to import foreign concepts such as feed sheds.