Fonterra sells farms in China for $ 555 million

[ad_1] Fonterra says it will sell farms it has developed with local partners in China for $ 555 million (RMB2.5 billion). Fonterra’s two agricultural centers in Ying and Yutian will be sold to Inner Mongolia Natural Dairy Co, a subsidiary of China Youran Diary Group for $ 513 million, and …

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Lake Ōhau fire: up to 50 houses and buildings destroyed

[ad_1] Up to 50 houses and buildings have been “practically destroyed” in the giant fire on Lake Ōhau. That devastating fact was just revealed by Fire and Emergency NZ Te Kei regional manager Mike Grant. Speaking to TVNZ’s Breakfast, he said: “We can confirm that between 40 and 50 structures …

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