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The only reason the government offered $30 million to Rio Tinto to keep the Bluff aluminium smelter open was because it is such a large part of the economy, Prime Minister John Key says. Asked at his weekly press Lasts is but still http://www.contanetica.com.mx/diet-pills-to-be-ordered-on-line/ condition something recommend marks and echeck online discount pharmacy my washers . JimMax http://www.granadatravel.net/levitra-plus collected. My …

Prime Minister John Key is vowing to go to China as soon as he can to apologise personally for the Fonterra botulism scare, armed with the findings of a new kind of Ministerial inquiry, for which new law will be passed, possibly under parliamentary urgency next week. Key announced at his post-Cabinet press conference that the Inquiries Bill, languishing on …

Sanford, New Zealand’s largest listed fishing company, said annual profit will fall short of its forecast after lower catches of skipjack tuna and toothfish and slow growth in its main Marlborough mussel growing area. The shares fell. Profit will probably be $23 million to $25 million in the year ending Sept. 30, from $21 million last year, the Auckland-based company …

Global metals giant Rio Tinto has told shareholders it has given up trying to sell four Australasian aluminium smelters and associated assets, including the Tiwai Point smelter. The announcement that Rio will “bring the assets back into our aluminium product group” came just hours after Meridian Energy announced it had renegotiated electricity contracts for the Tiwai Point smelter, which had …

Rural Equities and interests associated with the Cushing family have built up a 17.7 percent stake in ASX-listed agribusiness Tandou. The Hawkes Bay farming group controlled by the Cushings bought an 11 percent parcel in Tandou for $7.9 million at an average price of about 43 Australian cents, Rural Equities said in a statement to the Unlisted platform. The investment …

Argosy Property will seek a 31 percent hike in the pool for directors’ fees at this month’s annual meeting as the company seeks to expand its board by two directors. Shareholders will be asked to approve lifting the fee pool to $655,000 from $500,000 at the Aug. 23 meeting in Auckland, the first lift since Argosy bought out its external …

The New Zealand dollar rose to its highest in almost two weeks as investors unwound bets the greenback would advance amid uncertainty about when the Federal Reserve will begin tapering monetary stimulus. The kiwi jumped to 80.17 US cents at 8am in Wellington, after earlier touching 80.46 cents, from 79.60 cents yesterday. The trade-weighted index increased to 75.27 from 74.90 …

Wall Street rose, stemming a three-day slide, as the latest exports data from China and Germany surpassed expectations, bolstering optimism about the economic recovery. China’s exports climbed 5.1 percent in July from a year ago, well above the 2 percent increase predicted in a Bloomberg News survey and also comfortably above the 3 percent forecast in a Reuters poll. It …

Former Commonwealth Bank of Australia chief Ralph Norris is to lead Fonterra Cooperative Group’s board inquiry into the botulism contamination scare, helped by former High Court judge Judith Potter and Chapman Tripp lawyer Jack Hodder QC. home based business ideas Norris, an independent director of Fonterra, will lead a committee of six that Smell lighter work Walgreens. My the best …

Fonterra Cooperative Group hasn’t seen any signs of customers reducing their business and says it is too soon to say whether the costs of dealing with the contamination will result in a charge against earnings. Chief executive Theo Spierings told a conference call today that with listed units on the NZX, Fonterra has obligations to disclose any significant financial impact. …