Milk scares leave stench
Fonterra is calling for improved lab-testing, saying the Environmental Science & Research laboratory lacked the capacity to identify an E.coli bacterium in cream.
Fonterra is calling for improved lab-testing, saying the Environmental Science & Research laboratory lacked the capacity to identify an E.coli bacterium in cream.
My heart sank when I heard about Fonterra's idea to reduce the dairy industry's impact on our environment, writes Sue Kedgley.
Ground work preparations are well under way on the new Fonterra headquarters site in the Viaduct Harbour area on the corner of Fanshawe St and Halsey St.
French dairy giant Danone's Nutricia unit recalled just $25.7 million of infant formula when it was caught up in Fonterra's false food alarm last year.
Dairy giant Fonterra has confirmed it is close to reaching a commercial deal with Auckland Council.
Fonterra has raised 1.25 billion renminbi in its second Chinese currency denominated bond, which it will use to repay debt and expand operations in China.
A waterfront dispute has broken out between two of New Zealand's biggest ports, arguing about who is the best.
Fonterra is buying the naming rights for Shed 10 on Auckland's Queens Wharf - and will use its Anchor brand, the Herald understands.
Damage to reputation will depend on how cream scare is treated in global media in the coming days: analyst.
News that Fonterra has recalled some batches of fresh cream has people worried that illness they have suffered is due to consuming the contaminated product.
Customers are being asked to return nearly 9000 bottles of fresh cream, after three positive tests for E.coli at Fonterra's Takanini plant.
Herald business editor Liam Dann says the new Fonterra recall needs to be kept in perspective - but the world is watching the dairy giant much more closely now.
French food giant Danone's legal action against Fonterra will cause uncertainty for investors and is more bad press for the dairy co-operative and NZ, says a commentator.
Fonterra's top executives will have plenty to think about early next year when they devise the co-operative's next three-year business plan.
Federated Farmers says a report on Fonterra's botulism scare has highlighted the need for a stronger food safety regime.
Higher dairy export prices have driven New Zealand's terms of trade to their highest point since 1973, Statistics NZ says.
Fonterra has to lift its game in food safety and quality, and also sustainability, says chief executive Theo Spierings.
The loosening of China's one-child policy is expected to provide a boost for New Zealand infant formula exporters.
New Zealand and Australian employees of infant formula manufacturer Nutricia could be the latest victims of Fonterra's botulism botch-up.
Listed landlord Goodman Property Trust has provided the first glimpse of Fonterra's new headquarters and announced it will own the building in Auckland's Viaduct area.
Units in the Fonterra Shareholders' Fund traded at their lowest point in just under a year after the dairy co-op said it had factored in a $157 million loss provision.
Fonterra chief executive Theo Spierings says the company is "eight to 10 years" behind other dairy players overseas when it comes to sustainability.