Fonterra sells Mainland, Anchor brands to French food giant
Dairy co-operative Fonterra has sold its consumer businesses to global dairy giant Lactalis for $3.845 billion.
Business
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Award-winning realtor had hand in most major deals
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Award-winning realtor had hand in most major deals
Award-winning Christchurch real estate professional Sam Staite has no plans to stop after selling more than $1 billion of commercial and industrial property.
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Sweeney moving from Crew to new startup
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Sweeney moving from Crew to new startup
"It's been one hell of a ride."
Jetstar apology for misleading Kiwi customers
Jetstar apology for misleading Kiwi customers
Budget airline Jetstar has apologised to NZ customers, as it anticipates a hefty fine after pleading guilty to misleading passengers.
Gas 'crisis': MBIE warns supply falling faster than expected
Gas 'crisis': MBIE warns supply falling faster than expected
Consumption of natural gas dropped to its lowest level since 2011 last year, and a govt department warns gas supply may be falling faster than previously expected.
Scores of jobs to go in planned sawmill closure
'Absolutely gutted': Scores of jobs to go if sawmill near Nelson closes
Carter Holt Harvey plans to shut the Eves Valley Sawmill near Nelson, affecting 142 jobs, the city's mayor says.
Russia orders state-backed app for devices
Russia orders state-backed app for devices
A Russian state-backed messenger application must be pre-installed on all mobile phones and tablets from next month, the government says.
Retailers upbeat following OCR cut
Retailers upbeat following OCR cut
Shopkeepers might have high hopes for an economic turnaround and better sales, but the data indicates otherwise.
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Distillery’s gin still top tipple
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Distillery’s gin still top tipple
A Dunedin gin distillery is "thrilled" to have been named best in class at a national awards - for the fourth time in a row.
Reserve Bank cuts OCR to 3 percent
Reserve Bank cuts Official Cash Rate cut to 3 percent
The Reserve Bank has cut the the Official Cash Rate by 25 basis points to a three-year low of 3 percent, as expected.
Dunedin store closes as national chain fails
National appliance chain Kitchen Things in receivership
A national kitchen appliance chain with a Dunedin branch has gone into receivership because of weak consumer demand and tough competition.
UK drops 'backdoor' mandate for Apple: spy chief
UK drops 'backdoor' mandate for Apple: spy chief
Britain has dropped its demand for iPhone maker Apple to provide a "backdoor" that would have enabled access to protected encrypted data of US citizens.
Govt accepts 'Price it Right' petition
Govt accepts 'Price it Right' petition
Economic Growth Minister Nicola Willis has accepted Consumer NZ's 'Price It Right' petition for accurate supermarket pricing.
Open Country to buy Mataura Valley Milk
Open Country to buy Mataura Valley Milk
Talley's Group-owned Open Country — New Zealand’s second-largest milk processor — has entered into a conditional agreement with the shareholders of Mataura Valley Milk to buy the business.
Stuff staff vote to strike over collective deal
Stuff staff vote to strike over collective deal
Staff at media company Stuff have voted to take strike action.
Bread, milk price increases show pressure still on
Bread, milk price increases show pressure still on
Food prices are rising but people ducking out for a pint of milk or loaf of white bread have been especially hard hit by increases in the last year.
Major shake-up of building consents
Major shake-up of building consents
Building and Construction Minister Chris Penk says the consents regime is "sluggish" and holding the sector back.
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Decision made to close flood-damaged bookshop
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Decision made to close flood-damaged bookshop
A burst pipe has washed away a Dunedin bookshop owner’s childhood dream and forced her business to close for good.
Call to let tourists over 35 work in NZ
Call to let tourists over 35 work in NZ
The age for New Zealand's working holiday visas should be raised to 50 to help hike international visitor numbers, a tourism operator says.
How to manage responses to stress and conflict
How to manage responses to stress and conflict
As a business owner or leader, you’re no stranger to conflict, whether it’s hearing something uncomfortable or delivering a message others may not want to receive.