BusinessDesk - Latest News [Page 2]

Judge rejects call for immediate stop to Rod Duke's helipad

Thursday, 18 October 2018, 4:07 pm | BusinessDesk

Oct. 18 (BusinessDesk) - Briscoe Group boss Rod Duke sat in the public gallery at the High Court today, where he faces a legal challenge to his plan to convert a boatshed on a popular inner-city Auckland beach to a James Bond-style helicopter pad. More >>

Sky TV chair holds succession plan until CEO slot filled

Thursday, 18 October 2018, 3:00 pm | BusinessDesk

Oct. 18 (BusinessDesk) - Sky Network Television's veteran chairman Peter Macourt will think about planning for his replacement once the pay-TV operator has a new chief executive settled in. More >>

Govt raises GST threshold for online shopping

Thursday, 18 October 2018, 2:06 pm | BusinessDesk

Oct. 18 (BusinessDesk) - Revenue Minister Stuart Nash will introduce legislation next month to impose a goods and services tax on small online retail purchases. More >>

Exploration ban 'selfish, rich world' approach, MPs told

Thursday, 18 October 2018, 12:52 pm | BusinessDesk

Oct. 18 (BusinessDesk) - The government’s proposed exploration ban is a “selfish and rich world” approach that ignores the country’s responsibility to help deliver low-carbon energy in the broader Pacific region, MPs heard yesterday. More >>

Exploration ban 'selfish, rich world' approach, MPs told

Thursday, 18 October 2018, 12:51 pm | BusinessDesk

Oct. 18 (BusinessDesk) - The government’s proposed exploration ban is a “selfish and rich world” approach that ignores the country’s responsibility to help deliver low-carbon energy in the broader Pacific region, MPs heard yesterday. More >>

Exploration ban 'selfish, rich world' approach, MPs told

Thursday, 18 October 2018, 12:36 pm | BusinessDesk

Oct. 18 (BusinessDesk) - The government’s proposed exploration ban is a “selfish and rich world” approach that ignores the country’s responsibility to help deliver low-carbon energy in the broader Pacific region, MPs heard yesterday. More >>

24% premium dangled to buy control of Restaurant Brands

Thursday, 18 October 2018, 12:27 pm | BusinessDesk

Oct. 18 (BusinessDesk) - Mexico's Finaccess Capital has offered $881.5 million - a 24 percent premium - to buy three-quarters of Restaurant Brands New Zealand. More >>

Dollar dips as growing concerns in Europe bolster greenback

Thursday, 18 October 2018, 11:28 am | BusinessDesk

Oct. 18 (BusinessDesk) - The New Zealand dollar slipped against a stronger greenback amid concern lingering Brexit talks and Italy's projected budget deficits will slow growth in Europe. More >>

MARKET CLOSE: NZ shares gain as A2 calms critics

Wednesday, 17 October 2018, 8:56 pm | BusinessDesk

Oct. 17 (BusinessDesk) - New Zealand shares rose, led by A2 Milk Co, which calmed nervous investors with a strong first-quarter update. Synlait Milk followed suit, albeit on much lighter volumes. More >>

NZ dollar may extend rally

Wednesday, 17 October 2018, 8:39 pm | BusinessDesk

Oct. 17 (BusinessDesk) - The New Zealand dollar may extend its recent rally on expectations the yield differential to the US may be kept in check near term. More >>

Port of Tauranga eyes record $101mln 2019 profit

Wednesday, 17 October 2018, 8:26 pm | BusinessDesk

Oct. 17 (BusinessDesk) - Port of Tauranga says annual profit may rise as much as 8.1 percent, based on increased cargo volumes in the first quarter. More >>

Larry Ellison's NZ yacht company key to America's Cup rival

Wednesday, 17 October 2018, 8:25 pm | BusinessDesk

Oct. 17 (BusinessDesk) - A Warkworth-based company owned by multi-billionaire IT mogul Larry Ellison and part-funded by Callaghan Innovation is at the centre of a bid to take the wind out of the sails of the next America’s Cup competition in ... More >>

Marsden Maritime eyes benefits from transport study

Wednesday, 17 October 2018, 7:43 pm | BusinessDesk

Oct. 17 (BusinessDesk) - The government’s strategic review of upper North Island logistics chains may recognise the value of Northport in a way previous studies did not, Marsden Maritime Holdings chair John Goulter says. More >>

NZ screen sector needs special employment carve-outs

Wednesday, 17 October 2018, 7:42 pm | BusinessDesk

Oct. 17 (BusinessDesk) - New Zealand's screen sector needs its own employment framework to remain globally competitive, a working group says. More >>

UPDATE: A2 shares climb 7.7% on Chinese formula sales

Wednesday, 17 October 2018, 5:34 pm | BusinessDesk

Oct. 17 (BusinessDesk) - A2 Milk Co shares jumped 7.7 percent after the company reaffirmed its expected annual revenue growth, piggybacking off the strength of its infant formula products. More >>

NZ software firm SwipedOn sells for $11 million

Wednesday, 17 October 2018, 4:52 pm | BusinessDesk

Oct. 17 (BusinessDesk) - Kiwi software firm SwipedOn has been sold to UK company SmartSpace Software for $11 million. More >>

AWF Madison drops 3.7%

Wednesday, 17 October 2018, 3:08 pm | BusinessDesk

Oct. 17 (BusinessDesk) - AWF Madison Group shares fell 3.7 percent after the labour-hire firm said the collapse of three building companies dented its earnings. More >>

Genesis partners with Tilt in Taranaki wind farm

Wednesday, 17 October 2018, 2:42 pm | BusinessDesk

Oct. 17 (BusinessDesk) - Genesis Energy is partnering with Tilt Renewables to develop a 100 MW wind farm at Waverley on the southern Taranaki coast. More >>

NZ Steel grabs blocking stake in Steel & Tube

Wednesday, 17 October 2018, 1:56 pm | BusinessDesk

New Zealand Steel has paid a 17 percent premium for a blocking stake in distributor Steel & Tube Holdings, the latest move in an ongoing tussle for the Lower Hutt-based steel products supplier. More >>

NZ heading for gas supply gap - OMV

Wednesday, 17 October 2018, 1:07 pm | BusinessDesk

New Zealand is heading into a gas supply gap and will need a new discovery to arrest the production decline it is on now, MPs heard yesterday. More >>

   

 

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