
Winning streak over as dairy prices fall
International dairy prices fell by 8.8 per cent at this morning's GlobalDairyTrade auction - the first sale to be held since the 1080 infant formula scare.
International dairy prices fell by 8.8 per cent at this morning's GlobalDairyTrade auction - the first sale to be held since the 1080 infant formula scare.
Wellington Beltway denizens often refer to MFAT as standing for the Ministry for Fonterra and other Trade.
A leading retailer has welcomed moves towards charging GST on online purchases from overseas.
A partnership with Beingmate Baby & Child could begin boosting Fonterra's branded infant formula sales in China this year.
Dairy giant Fonterra will purchase an 18.8 per cent stake in Chinese infant formula maker Beingmate Baby & Child, slightly less than the 20 per cent shareholding it was aiming for.
The NZ dollar extended its gains overnight after the Reserve Bank's better-than-expected outlook for the local economy.
As people turned out to march against the Trans-Pacific Partnership last weekend, one of the issues exercising them was "investor-state dispute settlement" (ISDS).
The number of superyachts arriving in New Zealand this summer has soared from 37 to 57 compared to last year with the biggest of them all, Serene, extending its stay for maintenance.
The poison 1080 is "now the most tightly regulated toxic substance in New Zealand" following the emergency introduction of tighter rules.
A visiting Pakistani cabinet minister has made a plea for international cricket teams to return to playing Pakistan in Pakistan.
Only a few people had authorised access to the 1080 poison most likely used in the baby-milk blackmail letters, says a food safety expert.
The Warehouse and Foodstuffs are reassuring customers they are doing everything they can to boost security in their stores.
News of New Zealand's infant formula contamination threat has spread across the world. Here is a selection of what the foreign press is saying.
News of the threat to contaminate New Zealand infant formula with 1080 poison had barely registered in Chinese media last night.
Threats to contaminate infant formula with 1080 pesticide have been described as despicable and sick - but have caused more outrage than fear.
There is a certain irony that at a time Auckland is celebrating its founding as a port city 175 years ago, calls are growing to move the port elsewhere.
The New Zealand dollar dropped by half a US cent on news of a threat to contaminate infant and other formula with 1080 poison.
Police are appealing for help after anonymous letters were sent to Fonterra and Federated Farmers containing milk powder laced with 1080 poison.