
Fonterra completes $45m Saudi deal
Fonterra says it has completed the acquisition of a Saudi Arabian milk company.
Fonterra says it has completed the acquisition of a Saudi Arabian milk company.
Fonterra is in talks to buy out its partner in the Saudi Arabian milk and cheese market, Saudi New Zealand Milk Products.
New Zealand's only tea plantation is now certified organic in time to begin exporting its harvest.
Milk powder prices on Fonterra's online trading auction have continued their upwards march.
Bathroom products company Methven has reported a 15.4 per cent fall in half year net profit to $4.2 million, but the result is better than forecast.
Richard Procter, chief executive of Kiwifruit NZ, the regulator charged with ensuring that kiwifruit marketer Zespri plays by the rules, has no regrets.
Turners & Growers chair Tony Gibbs has been accused of colluding with foreign powers and undermining our trade policy in his attempt to break up the kiwifruit exporter Zespri.
Export earnings from New Zealand's petroleum sector could increase tenfold by 2025, says Gerry Brownlee.
British dairy farmers are upset that a lot of the lcheddar cheese sold in the UK was actually made in places like New Zealand.
Deal follows unveiling of similar agreements with China, Malaysia and some Gulf states.
The Trade Minister says the world will be looking to countries like New Zealand in the future, because we have natural resources in abundance.
Early signs of an economic recovery might not be as strong as many people hope, says Treasury.
The NZ dollar may keep falling this week as investors get jittery about the speed and strength of the global recovery .
The kiwifruit growers' organisation is to review how its $500,000 annual funding is sourced.