
Dairy scare 'gift' to China Govt
Fonterra's botulism scandal was one of the "greatest gifts" the company could have given to the Chinese Government, according to a visiting foreign correspondent.
Fonterra's botulism scandal was one of the "greatest gifts" the company could have given to the Chinese Government, according to a visiting foreign correspondent.
French food giant Danone says it will lose more than half a billion dollars in sales in the current financial year as a result of Fonterra's botulism false alarm.
An infant formula exporter has slammed the service a taxpayer-funded business support centre in Shanghai provided to a delegation of New Zealand companies.
John Key defended New Zealand's "100 per cent pure New Zealand" tourism campaign in a speech to a tourism conference in Bali focusing on sustainable development.
Better to have patience and aim for a comprehensive trade pact, PM says.
A mild winter and a favourable spring have boosted confidence in the New Zealand beef industry after last summer's challenging drought, says Rabobank.
While New Zealand's exports to China have soared since the free trade agreement between the two countries came into effect, industry leaders say this country still needs to up its game when doing business in the world's second-biggest economy.
Five years ago this week, the China-NZ free trade agreement took effect. Half a decade on, has the deal delivered?
World dairy prices were up 2.4pc in the latest overnight auction.
South Island iwi Ngai Tahu almost doubled bottom-line profit from $68.9 million to $121.7 million after a sharemarket surge and farm revaluations.
A trade agreement which New Zealand is champing at the bit to sign promises billions of dollars in extra export earnings and thousands of new jobs, according to the minister in charge, Tim Groser.
Fonterra said it was too early to say what the impact of last month's contamination scare would have on its earnings for the 2013/14 year.
Prime Minister John Key met the French parent company of infant milk brand Nutricia to discuss the Fonterra botulism scare while he was in Paris this week.
New Zealand has halted all apple exports to China for the rest of the season after rot was found in several batches at the Chinese border.
Fonterra said its normalised earnings before interest and tax for 2012/13 came to $1 billion, down 3 per cent on the previous year.
Wouldn't it be great if New Zealand was a brand just like a Mars Bar?
Spreading effluent on dairy farms is set to become a lot more high-tech thanks to smartphone-based technology now available for New Zealand farmers.
Exporters say many Chinese consumers remain unaware that Fonterra's botulism scare was a false alarm.
The current account deficit widened slightly in the June quarter as drought took a toll on exports of primary products.