The Commerce Commission will look at a handful of new products that network operator Chorus plans to roll out to see whether they need to be regulated. Earlier this month Chorus announced new products to be delivered on its copper line network, and the commission is required to see whether they can be priced separately from the regulated services. The services …

Synlait Milk, the dairy processor which counts China’s Bright Dairy as a cornerstone shareholder, cut its full-year earning forecast for the second time this year as a strong currency and an unfavourable product mix weighs on the exporter. The Rakaia-based company said profit will be $17.5 million to $22.5 million in the year ending July 31, down from a March estimate …

Renaissance Corp ,which has sold all of its operating assets as part of a plan to return capital to investors and close down, says it’s unlikely to get a $1 million earn-out from the Yoobee School of Design because earnings are tracking below target. The Auckland-based shell company, which sold its design school to Academic Colleges Group for a net …