Fonterra says it has accepted charges laid against it by the Ministry for Primary Industries over events that led to last year's recall of whey protein concentrate.

French food company Danone is suing Fonterra for alleged breaches of the Fair Trading Act in its High Court action against the dairy giant in the wake of last year's botulism scare.

New Zealand commodity prices rose to a record in February, as cheese prices surged to a six-year high.

New Zealand's terms of trade rose to a 40-year high for the second straight quarter in the final three months of 2013 as import prices fell.

Surging dairy exports to China have pushed the annual trade balance into surplus for the first time in nearly two years.

Dairy product prices recorded their biggest drop since early November in the latest global auction, with the volume sold falling to an eight-month low.

Fonterra is calling for improved lab-testing, saying the Environmental Science & Research laboratory lacked the capacity to identify an E.coli bacterium in cream.

Dairy giant Fonterra is calling for government laboratories to be better equipped to identify bugs in food, after finding E.coli bacteria in its fresh 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.

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.

While the timing of this is far from ideal given last year's events, this voluntary recall came from Fonterra's own testing, writes Willy Leferink.

A six-month-old baby girl was left 'screaming in pain' after eating a pudding topped with cream that was potentially infected with E.coli bacteria.

In the first of a two-part series Gareth Morgan and Geoff Simmons warn of private profit at a public cost. "Our rivers are stuffed, and getting worse."

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.