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.

Wellington, Nov 16 NZPA - Westpac Banking Corp paid $NZ8 million to buy the Auckland home of former Westpac NZ chief executive Brad Cooper.

Wellington, Aug 28 NZPA - Broadway Industries Ltd has reported a $2.6 million annual loss, after a deficit of $987,000 from discontinued activities, including HE Perry.

Wellington, Oct 10 NZPA - Broadway Industries is proceeding with a renounceable rights issue to existing shareholders to raise $8 million, but it changed the terms of the offer today.