Fonterra Cooperative Group, the world’s largest dairy exporter, only told staff about the potential for hundreds of jobs to go several hours after chief executive Theo Spierings told media. Spierings fronted up to the media yesterday morning after widespread conjecture over a review underway and the involvement of business management consultant McKinsey & Co, and criticism over the cooperative’s underlying management …

A2 Milk Co, the dual-listed milk marketing company, is suing the Australian Broadcasting Corporation alleging misleading and deceptive statements in advertising its consumer affairs programme, The Checkout.  A2’s Australian subsidiary has lodged actions in the Federal Court in Sydney, using prominent Australian barrister Allan Myers QC, after the public broadcaster promoted a segment which called the company’s scientific claims “bogus”. A2 Milk claims this …

Fonterra Cooperative Group chief executive Theo Spierings said he’s determined not to allow the dairy cooperative to fall below its current 87 percent share of the New Zealand milk pool, despite increased competition for supply. Spierings fronted up to the media this morning after widespread criticism of the dairy cooperative’s management performance following a weak half-year financial result, lower forecast dairy …