Fonterra Cooperative Group, the world’s biggest dairy exporter, will “vigorously defend” a claim by French food processor Danone over last year’s recall of whey protein concentrate. best essay writing services The Auckland-based company is working through Danone’s claim after negotiations for a commercial settlement failed. The French company will file papers in the High Court in Auckland today and has …

The New Zealand dollar dropped to a six-day low in the face of a stronger greenback following a better-than-expected employment report and after confirmation in the Federal Reserve minutes of its last meeting that it plans to continue tapering. The kiwi slid as low as 82.47 US cents following the 8am release of the Fed minutes from its meeting last …

Danone, the world's biggest yoghurt maker, has launched legal proceedings against Fonterra Cooperative Group over last year's whey protein concentrate recall and ended its existing supply contract with the New Zealand dairy exporter. The Paris-based food processing company is initiating proceedings in the New Zealand High Court and arbitration proceedings in Singapore “to bring all facts to light and to …