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Fonterra farmers take back control of director candidate selection

Reform of Fonterra's director election process followed the end of farmer-shareholder patience with board meddling in candidate selection - real or perceived, say insiders.The changes put the power to choose farmer-directors more... Source: NZ Herald [...]

By | July 15th, 2019|Categories: Business|0 Comments

'Agent Smith' infects 25 million Android devices globally through WhatsApp, Opera and SwiftKey clones

Thousands of Android users may have downloaded the 'Agent Smith' of the mobile world, and the result isn't pretty.The malicious clone apps named after Hugo Weaving's character from The Matrix, have infected up to 25 [...]

By | July 15th, 2019|Categories: Business|0 Comments

Shares fall as China pace hits 27 year low

New Zealand shares fell, joining a downbeat day across Asia as slowing Chinese growth stoked fears that trade tensions will dent the global economy. AMP slumped after the Reserve Bank of New Zealand blocked the [...]

By | July 15th, 2019|Categories: Business|0 Comments

China's economy slows to 27-year low amid trade war with US

China's economy decelerated to its slowest growth rate in 27 years, partly due to a slump in exports, as Beijing and Washington remain locked in a trade war that has no end in sight.The data [...]

By | July 15th, 2019|Categories: Business|0 Comments

Napier Port sails into uncharted waters to raise more than $200m

Napier Port is sailing into new territory as it attempts to raise more than $200 million from its sale, with chief executive Todd Dawson admitting the decision to offer shares to locals first is unusual. [...]

By | July 15th, 2019|Categories: Business|0 Comments