News | Rural
7 Dec 2019 2:59
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  •   Home > News > Rural

    Fonterra's new boss says reducing the company's debt by 800 million dollars is achievable

    Fonterra's new boss says reducing the company's debt by 800 million dollars is achievable


    Fonterra
    Fonterra
    Miles Hurrell has been installed as CEO today, having been interim boss since last August .

    Hurrell says their balance sheet has blown out in part because of troubles in Latin America and Australia.

    He says there've been economic problems in Latin America and the drought has been an issue in Australia.

    © 2019 Newstalk ZB, NZCity


     Other Rural News
     04 Dec: Dairy prices have fallen for the first time in three months
     20 Nov: Global dairy prices have risen 1.7 percent at Fonterra's latest overnight auction
     15 Nov: Fonterra's human resources manager has resigned after less than a year in the job
     06 Nov: Global dairy prices have risen 3.7-percent at Fonterra's latest overnight auction
     22 Oct: Good news for farmers from Fonterra this morning
     18 Oct: Trouble at Fonterra, but not of the financial kind this time
     17 Oct: Emergency services are trying to establish what caused a chemical explosion at a Fonterra plant north of Whangarei
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    BUSINESS BUSINESS
    West Coast Civil Defence Emergency Management Group and Westland District Council are closely monitoringtroads and rivers with heavy rain continuing to batter the region More...



     Today's News

    Accident and Emergency:
    Three people have died and two more are critically injured after a crash in Kaikoura 21:57

    Entertainment:
    Lionel Richie has "accepted" his daughter Sofia Richie's relationship with Scott Disick 21:47

    Entertainment:
    Ashley Graham has undergone a "rollercoaster of emotions" over her pregnancy figure 21:17

    Accident and Emergency:
    A 70-year-old Australian man has died after a fall on a section of the Routeburn Track today 21:17

    Entertainment:
    Lea Michele's husband gave her a "wedding survival guide" for Christmas last year 20:47

    Entertainment:
    Jason Momoa has promised to send Chris Pratt a case of his canned water after calling out the 'Jurassic World' actor for posing with a plastic bottle 20:17

    Entertainment:
    Mena Massoud hasn't had an audition since his starring role in 'Aladdin' 19:47

    Entertainment:
    Justin Hartley's estranged wife has listed their separation date as almost five months later than the actor had claimed 19:17

    Business:
    West Coast Civil Defence Emergency Management Group and Westland District Council are closely monitoringtroads and rivers with heavy rain continuing to batter the region 18:57

    Entertainment:
    Khloé Kardashian insists fans don't "know it all" about her life from her reality shows 18:47


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