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Day 11: A trip to the dairy

It’s Wednesday evening in Shanghai and the theme for the day was undoubtedly the dairy industry. First up was Howard Moore, Managing Director of Taranaki Dairy Technologies, who met with Fran and I for an extended coffee break in the morning. Howard and his business has gained a unique foothold in the market by doing just what Dr. Li talked …

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Forex trader charged over alleged thefts, cover-up

An Auckland foreign exchange trader is facing 15 charges of theft, dishonesty and false statements ina case involving the alleged misappropriation of $837,046 for personal use and mis-statement of clients’ financial positions by some $4 million. The circumstances of the charges, lodged by the Serious Fraud Office in the Auckland District Court, bear similarities to the Financial Markets Authority swoop …

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Comvita buys Aussie groves to expand olive extract output

Comvita, which uses produces health products from manuka honey and olive leaves, has bought an 85 hectare organic olive estate with potential to expand its production of olive leaf extracts by 130 percent over the next five years. The price paid for Organic Olives (Aust) by Comvita’s Australian subsidiary is undisclosed. The estate comprises some 7,000 certified organic olive trees, …

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