The New Zealand dollar may rise this week as improving economic data strengthens the case for interest rate rises next year. The kiwi may trade between 79.80 US cents and 83.50 cents this week, according to nine currency strategists and traders surveyed by BusinessDesk. Seven expect the currency to advance while two say it may decline. The local currency recently …

Fonterra Cooperative Group chief executive Theo Spierings says months of talks with Danone over losses from the whey protein concentrate recall have failed to reach a commercial solution, suggesting the issue may end up in the courts. Danone put the cost of the Fonterra WPC 80 recall at 350 million euros when it announced its third-quarter results last month. Spierings …

Snakk Media, ranked sixth in the Deloitte Fast 50 index of the fastest-growing businesses, posted first-half sales growth of 148 percent, helped by the contribution from its smart screen start up. Sales rose to $3 million in the six months ended Sept. 30, from $1.22 million a year earlier, the Auckland-based company said in a statement. Its net loss widened …