Wellington, March 5 NZPA - A railway workers union is concerned that if the Government does mothball under-used rail lines it will be very hard to ever reopen them.

Wellington, March 5 NZPA - The Government is thinking about mothballing KiwiRail's northern Wairarapa and Napier to Gisborne rail lines as the struggling rail operator looks to cut costs.

Wellington, March 2 NZPA - KiwiRail is behind its revenue and profit targets for the half year to December but says it is "making good progress towards a sustainable future".

Wellington, Feb 25 NZPA - Lyttelton Port of Christchurch reported a 35 percent fall in interim profit, while highlighting that it now handles more cargo from dairy giant Fonterra.

Wellington, Feb 24 NZPA - Fonterra says it has lifted its "distributable profit" forecast by 5c for the current 2009-2010 season to between 40c to 50c a share -- but doesn't plan to pass on the extra earnings to its 10,500 farmers.

Wellington, Feb 12 NZPA - Fonterra chief executive Andrew Ferrier says the world's largest milk-powder dryer -- officially opened today at the cooperative's Edendale site near Invercargill -- is keeping the nation's dairy farmers internationally competitive.

By Kent Atkinson of NZPA Wellington, Feb 11 NZPA - Fonterra farmers critical of regulations which compel them to supply 4 percent of the cooperative's raw milk to processing rivals at cost price say they want higher prices to be charged from June 1.

Wellington, Feb 11 NZPA - Dairy cooperative Fonterra has postponed the transfer of staff onto Telecom's XT network in the wake of high-profile outages in December and January.

Wellington Feb 9 NZPA - The Government says it is prepared to change the law to support Fonterra's continuing efforts to change its capital structure.

Wellington, Jan 26 NZPA - The New Zealand sharemarket broke a seven-day losing streak today care of solid gains by leading shares Telecom and Fletcher Building.