Australian steelmaker BlueScope Steel’s New Zealand unit was able to limit a decline in annual earnings with cheaper coal costs and bigger export volumes of iron sands. The New Zealand and Pacific segment, which operates the Glenbrook steel mill, reported earnings before interest and tax of A$42.5 million in the 12 months ended June 30, from A$64.7 million a year …

New Zealand’s Ministry for Primary Industries has revoked export certificates for four consignments of lactoferrin made by Westland Milk Products after unacceptable levels of nitrates were found in two batches. mobile spy android gps fail One batch was exported directly to China and a second was supplied to Tatua Cooperative Dairy Co before being shipped to China, the department said. …

Shares in Z Energy jumped 6.6 percent to near the top of its indicative price range in its NZX debut today, valuing the service station chain at $1.49 billion. The stock first traded at $3.73, up from its $3.50 initial public offering price, and recently traded at $3.71, a 6 percent premium to the IPO. The petrol station chain is …