Recent Posts

Synlait annual profit slumps 46% as lactoferrin sales struggle, cuts forecast payout

By Paul McBeth Sept. 22 (BusinessDesk) – Synlait Milk, which counts China’s Bright Dairy & Food as its biggest shareholder, posted a 46 percent drop in annual profit as lactoferrin sales missed expectations and it kept milk payments high enough to ensure supply. Synlait cut its payout forecast for the current season. Net profit dropped to $10.6 million, or 7.21 cents per share, …

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Rugby World Cup puts CSx’s concussion software on the try line

By Fiona Rotherham Sept. 22 (BusinessDesk) – Concussion management software developed by Kiwi technology company CSx has been put to the test by teams in Rugby World Cup 2015 as a UK medical chief calls for rule changes to protect players from head injuries. The Auckland-based company, founded by former sports therapist Ed Lodge and bankrolled by Blues co-owner Murray …

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Q&A: Steven Joyce on Lochinver, Silver Fern Farms

The proposed sale of Lochinver Station near Taupo to a Chinese investor was part of a contentious debate over foreign investment at the last election a year ago today, and it’s taken until this week for the Government to make its final call on the deal. It’s been vetoed, the first big deal to be blocked since 2008. TVNZ’S Corin …

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