And oil prices unlikely to return to pre-war levels in a hurry.
Strategy meeting for 200 senior staff at Huntington Beach coincided with Fonterra's first annual financial loss of $196 million.
The Global Dairy Price index has declined for the eighth time of 10 sessions.
New Zealand pushing for resolution of WTO crisis. Mr Parker is under no illusions that New Zealand can break down barriers to the American market anytime soon.
Rival files court claim alleging threats and malicious interference.
“Nobody’s waiting for us," chief executive admits on US launch.
NBR Rich Lister to countersue over Perpetual Trust claim.
Crown Law wants to extend restraining order.
It takes mental fortitude not to panic when you only make $22 on your first day of trade.
Tilt shares are now trading well above the offer price.