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The dairy cooperative, Fonterra, is set to take further hefty losses in the Chinese infant formula manufacturer Beingmate as it moves to reduce its stake. Audio
Fonterra looks to be loosening its links with its troubled Chinese investment -- infant formula firm, Beingmate. Audio
The first rise in dairy prices in six months brings them off two-year lows.
Fonterra's chairman John Wilson denies CEO Theo Spierings' departure is linked to the co-operative's $348 million half-year loss, but dairy farmers say it's only right that he leaves. Audio