Telecom Corp, which carved out its network unit last year to shed regulatory burdens, wants to boost usage of its mobile roaming services with a new flat fee structure for its post-paid customers. The Auckland-based company wants to grow its revenue over time by getting mobile customers to use their voice and data services when travelling abroad, chief executive Simon …

he New Zealand dollar may gain this week though that would likely require further new measures from the US Federal Reserve and strategists are divided on whether it would take such a step without the fiscal cliff being resolved. The kiwi dollar recently traded at 83.32 US cents, edging up from 83.24 cents in New York on Friday after Fonterra …

Fonterra Cooperative Group, which raised $525 million through a unit trust for external investors last month, has hiked its forecast payment to farmers and expects to see more gains in global dairy prices next year. The dairy cooperative increased its forecast farmgate milk price by 25 cents to $5.50 per kilogram of milksolids and held the expected dividend payment of …