New Zealand’s listed dairy companies, Synlait Milk, a2 Milk Co and Fonterra Shareholders’ Fund, probably won’t face much disruption from tighter rules on infant formula in China, the nation’s biggest market for milk products, investors say. A2, whose Platinum infant formula is manufactured at Synlait’s Canterbury plant, led the three dairy companies lower on the NZX today, after saying it …

An in-depth survey of senior leaders in the Christchurch rebuild indicates growing impatience and serious weaknesses in the way major projects are being procured and managed. The minister in charge of the post-earthquakes rebuild, Gerry Brownlee, released the hard-hitting survey of the city’s progress undertaken by the Council for Infrastructure Development, an industry lobby group. “There will always be a …

Millennium & Copthorne Hotels New Zealand, which operates 22 hotels across the country, is mulling a capital return if the float of Chinese investment First Sponsor Group goes ahead. The Singapore Exchange has issued an eligibility to list letter for the proposed initial public offering, which will probably be in the third quarter if it proceeds, the Auckland-based company said …