Latest from Industries

Megaship cruise boom - video
Take a look at the German launch of a megaship so big that Auckland will expand its wharf for its visit

Fonterra's new ally sees falling sales
Fonterra is pinning its hopes on a tie-up with Chinese infant formula giant Beingmate as it pushes into China's lucrative baby milk market.

Qantas' shock $3.17 billion loss
Struggling Australian flag carrier Qantas has posted a huge annual net loss but CEO Alan Joyce insists better days lie ahead.

Fonterra's $1billion splash-out
Fonterra says it plans to spend about $1.17 bon taking a 20 per cent stake in China's Beingmate Baby & Child to boost its baby formula aspirations there.

Christopher Adams: Fonterra's China play a canny move
What a difference a year makes. Twelve months ago Fonterra chief executive Theo Spierings was facing the fallout from the disastrous botulism false alarm, which sparked panic in markets across the globe, especially China.

Clear blue skies seen for Air NZ
Air New Zealand celebrated its third consecutive year of strong earnings yesterday by declaring a special 10c per share dividend and painting a positive outlook for the year ahead.

Fall in export prices hits trade balance
Falling prices for dairy and forest product exports drove the trade balance into the red last month.

Metlifecare tipped as value buying
Listed retirement giant Metlifecare is tipped to be trading cheaply, well below its peers even after a good financial result out yesterday.

Fieldays organisers hoping for 125,000 through the gates
A 4WD track featuring steep slopes, a waterfall, boulders and pools of water is one of the attractions at this year's National Fieldays in Hamilton.

Bank boss: Stop talking about bonuses
Barclays has been accused of trying to silence criticism of its bonus culture after a director slapped down a shareholder for speaking out over its pay practices.