Guinness Peat Group, which has exited more than 50 investments to focus on UK threadmaker Coats, said the UK’s Pensions Regulator has issued warning notices over its pension plans. The regulator has found the Brunel Holdings Pension Scheme and the Staveley Scheme were insufficiently resourced and the warning notices say a ‘financial support direction’ (FSD) may be reasonable. “The board …

Soaring commodity prices and insatiable Chinese demand for milk powder helped the primary sector emerge largely unscathed from last summer’s drought and Fonterra Cooperative Group’s series of food scares in 2014. homework central The year started badly for Fonterra after a Wall Street Journal article questioned the safety of New Zealand milk after traces of DCD, a nitrate inhibitor, were …

The New Zealand dollar dropped to its lowest in more than a week against the Australian dollar on expectations the divergent paths of the two economies is already priced into their respective currencies. The kiwi touched a low of 91.62 Australian cents over the weekend and was trading at 91.89 cents at 8am in Wellington from 92.45 cents on Friday. …