onterra chief executive Theo Spierings is heading from Europe to China this weekend for meetings with manufacturers who have used contaminated whey powder supplied by the New Zealand dairy giant for use in infant formula and other products. The dairy cooperative is in crisis communications mode as it seeks to do the right thing by notifying that eight unnamed customers …

Fonterra has confirmed the whey powder at the centre of a botulism alert was shipped to customers at the time of its production, meaning it has been in the manufacturing supply chain for more than a year. jobs at home depot In an emailed response to questions from BusinessDesk, the managing director for Fonterra subsidiary NZ Milk Products, Gary Romanov …

New Zealand shares rose as Fisher & Paykel Healthcare benefited from a rival’s record earnings and investors pushed up market leaders Fletcher Building, Chorus and Telecom. The NZX Index rose 37.124 points, or 0.8 percent, to 4582.891. Within the index, 22 stocks rose, 12 fell and 16 were unchanged. Turnover was $100.9 million. F&P Healthcare rose 2.6 percent to $3.62 …