Fonterra CEO says supply contracts intact after food safety scare

Fonterra Chief Executive Theo Spierings speaks at a news conference in BeijingBy Naomi Tajitsu and Jackie Range WELLINGTON (Reuters) – New Zealand dairy giant Fonterra insisted that its customers were sticking to their supply contracts with the world's largest dairy exporter for the moment, even as Singapore expanded its recall of milk formula products containing a tainted ingredient produced the company. …