Fonterra's long-term credit ratings cut
Fonterra's long-term credit rating has been cut by Fitch Ratings.
Fonterra's long-term credit rating has been cut by Fitch Ratings.
World dairy prices were down 3.1 per cent in the latest overnight auction.
Fonterra's milk production is close to hitting its seasonal peak.
Fonterra faces higher borrowing costs now its credit rating has been downgraded from "A" to "A minus".
Fonterra chairman John Wilson has hit back at attempts by former directors to trim the size of the board.
A businessman, 60, is alleged to have acted alone in blackmail scare that said infant formula would be poisoned.
Fonterra has named six candidates for its board at next month's election and pressure has emerged to reduce the number of directors.
An Auckland businessman accused of threatening to contaminate infant formula with the poison 1080 was financially motivated, charge sheets allege.
Police arrest 60-year-old businessman over a threat to contaminate infant formula with the poison 1080.
Fonterra's chief executive has asked for a freeze on his $4m salary.
Spokesman says fans of controversial scheme can turn to NZX for help with milk prices.
Fonterra executives will have their work cut out convincing farmers to reduce their use of what has been a key feed supplement over the past 10 years - palm kernel.
Fonterra lost market share in the South Island and will probably lose more this season before an improvement in 2016/17, says CEO Theo Spierings.
Theo Spierings has every right to be among our best-paid chief executives.
Jose Miguel Porraz is negotiating an uneven Kuala Lumpur footpath as he talks up the benefits of emerging markets.
Theo Spierings gets a pay rise of up to 18 per cent as Fonterra prepares to lay off 750 staff.
Fonterra is reporting a big turnaround in annual profit and a much improved forecast cash payout for the current year.
Fonterra looks set for a big rebound in its annual net profit when it reports its result tomorrow, but the dairy co-operative will face challenges as the sector worldwide tries to adapt to low demand....
Dairy giant plans to move into new 1.6ha international headquarters early next year.
The expected layoffs of about 90 science staff at AgResearch, the country's largest Crown research institute, is a "pretty fatal blow" to agricultural research, says Doug Edmeades, a....
Low dairy prices have continued to weigh heavily on farmer sentiment, according to Rabobank's Rural Confidence Survey.
More Fonterra job cuts have raised questions about whether the dairy giant will need all the space it has leased in new upmarket Auckland headquarters.
Chief executive Theo Spierings says dairy giant has to make tough decisions as review increases job cuts to 750.
Does this morning's big jump in world dairy prices mean an increased payout for farmers? There might be a long way to go.
Prices are expected to rise at this week's GlobalDairyTrade auction but doubts remain as to how much further improvement is in store.
Wholemilk powder prices, which are key to determining Fonterra's farm gate milk price, rose by 12.1 per cent to an average US$2078 a tonne at the last auction on September 2.
Fonterra is cutting back the amount of product it sells on its GlobalDairyTrade auction platform for the next 12 months.
Fonterra has confirmed it has put on hold a proposed coal mine at Mangatangi while it assesses its energy options.
Nominations have opened for seats on Fonterra's board, with chairman John Wilson and two other directors up for re-election.