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dairy giant

Lyttelton Port Reports Lower Profit, Fonterra Volumes Rises

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.

New Zealand To Help China With Food Safety

New Zealand To Help China With Food Safety
Wellington, Oct 27 NZPA - Five Chinese officials will get the chance to study in New Zealand under its "world class food safety regime", Food Safety Minister Kate Wilkinson says. The five will receive scholarships for post-graduate studies next year.

Telecom Rises To 11-Week High, Boosts Top-50 Index

Telecom Rises To 11-Week High, Boosts Top-50 Index
Wellington, April 28 NZPA - The sharemarket surged nearly 1 percent today on the back of an 11-week high for top stock Telecom and a decline in the New Zealand dollar.

New Image Reports Profit And Sees Growth

New Image Reports Profit And Sees Growth
Wellington, Feb 27 NZPA - New Image Group Ltd, a seller of colostrum and other health products, reported a strong profit and said it is selling its first infant formula product in Asia.

Ohai Mine In Southland To Close In June

Ohai Mine In Southland To Close In June
Wellington, Feb 19 NZPA - State-owned coal miner Solid Energy is closing its Ohai mine in Southland at the end of June, with the loss of 13 jobs. "I am devastated for the community," said Southland District Council mayor Frana Cardno.

Fonterra Appoints New CFO

Fonterra Appoints New CFO
Wellington, Jan 21 NZPA - The new chief financial officer of Fonterra is Jonathan Mason, who moves to the dairy giant from United States-based multinational specialty chemicals company Cabot Corporation.

`We're Moving Into An Economic Crisis' Fonterra Tells Farmers

`We're Moving Into An Economic Crisis' Fonterra Tells Farmers
Wellington, Nov 21 NZPA - Fonterra says its 10,000 farmers should plan on receiving only about 75 percent of the money they pocketed last season, as the dairy giant battles the international economic recession.

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