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Broker warns average dairy farmer will lose $140k this season, faces third year of weak prices

2016-02-16 05:21:53| Food - Topix.net

Financial broker OMF is warning the average New Zealand dairy farmer is likely to lose $140,760 this season, with next year looking just as grim. In its monthly New Zealand dairy report, OMF suggests there is a further risk that Fonterra Cooperative Group could lower payouts again, pointing to a potential milk price of $3.89 per kilogram of milk solids.

Tags: year average prices season

 

Shallow fracking wells contaminate drinking water, warns US scientist

2016-02-15 17:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: A kitchen tap catching fire in 2010 documentary Gasland highlighted the risks of the US shale boom, and energised a movement of anti-fracking activists. Amid the controversy, does living near a gas or oil well really affect your drinking water? "The answer to that question is usually 'no,` but there are exceptions," said Rob Jackson as the Stanford professor presented his research on groundwater quality on Sunday to the American Association for the Advancement of Science. The US pumped out...

Tags: water drinking wells shallow

 
 

Devolving APD to Wales to affect the economy of south west England, warns Bristol airport

2016-02-12 01:00:00| Airport Technology

England's Bristol airport has warned that devolving the control of air passenger duty (APD) powers to Wales would impact the commercial growth of south-west England.

Tags: west south england affect

 

Nokia warns of China slowdown as Q4 profit jumps

2016-02-11 01:00:00| Total Telecom industry news

Vendor says it is too soon after the Alcatel-Lucent deal to provide 2016 revenue guidance.

Tags: china profit nokia jumps

 

Yellen warns US economy has worsened

2016-02-10 15:56:21| BBC News | Business | UK Edition

US Federal Reserve chair Janet Yellen pours cold water on the prospect of a second rise in interest rates any time soon.

Tags: economy warns worsened yellen

 

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