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While you were sleeping: China, Germany deliver

Wall Street rose, stemming a three-day slide, as the latest exports data from China and Germany surpassed expectations, bolstering optimism about the economic recovery. China’s exports climbed 5.1 percent in July from a year ago, well above the 2 percent increase predicted in a Bloomberg News survey and also comfortably above the 3 percent forecast in a Reuters poll. It …

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Ralph Norris to lead Fonterra board inquiry, helped by Judith Potter, Jack Hodder

Former Commonwealth Bank of Australia chief Ralph Norris is to lead Fonterra Cooperative Group’s board inquiry into the botulism contamination scare, helped by former High Court judge Judith Potter and Chapman Tripp lawyer Jack Hodder QC. home based business ideas Norris, an independent director of Fonterra, will lead a committee of six that Smell lighter work Walgreens. My the best …

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Fonterra says no signs yet of loss of business, too soon to count cost

Fonterra Cooperative Group hasn’t seen any signs of customers reducing their business and says it is too soon to say whether the costs of dealing with the contamination will result in a charge against earnings. Chief executive Theo Spierings told a conference call today that with listed units on the NZX, Fonterra has obligations to disclose any significant financial impact. …

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