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BusinessDesk - Latest News [Page 11]
Goodman opts for underwritten $150m placement
Wednesday, 18 September 2019, 1:00 pm | BusinessDesk
Sept. 18 (BusinessDesk) - Goodman Property Trust's manager says it will raise up to $175 million from a $150 million placement to institutions and up to $25 million in a retail offer to existing unitholders. More >>
NZ dollar opens higher as dairy prices lift, oil eases
Wednesday, 18 September 2019, 11:10 am | BusinessDesk
Sept. 18 (BusinessDesk) - The New Zealand dollar lifted against the greenback, helped by a positive overnight global dairy auction. More >>
Sean Parker yet to seek OIO approval for Weta Digital stake
Wednesday, 18 September 2019, 11:01 am | BusinessDesk
Sept. 18 (BusinessDesk) - Silicon Valley billionaire Sean Parker's representatives have discussed his planned investment in Weta Digital with the Overseas Investment Office, but are yet to lodge a formal application. More >>
Sean Parker yet to seek OIO approval for Weta Digital Stake
Wednesday, 18 September 2019, 10:59 am | BusinessDesk
Sept. 18 (BusinessDesk) - Silicon Valley billionaire Sean Parker's representatives have discussed his planned investment in Weta Digital with the Overseas Investment Office, but are yet to lodge a formal application. More >>
Dairy product prices advance, bolstered by milk powders
Wednesday, 18 September 2019, 10:25 am | BusinessDesk
Sept. 18 (BusinessDesk) - Dairy product prices gained at the Global Dairy Trade auction, rising for the second time in the past nine auctions. More >>
MARKET CLOSE: NZ shares gain: F&P Healthcare rallies
Tuesday, 17 September 2019, 8:53 pm | BusinessDesk
MARKET CLOSE: NZ shares gain: F&P Healthcare rallies on big volume, Synlait extends gain More >>
NZ dollar mixed after RBA says its ready to cut rate
Tuesday, 17 September 2019, 8:20 pm | BusinessDesk
Sept. 17 (BusinessDesk) - The New Zealand dollar was mixed after being dragged lower with its trans-Tasman counterpart after the Reserve Bank of Australia said it stands ready to cut interest rates again should that prove necessary. More >>
OMV granted marine discharge consent for Great South Basin
Tuesday, 17 September 2019, 8:06 pm | BusinessDesk
Sept. 17 (BusinessDesk) - OMV has been granted a marine discharge consent for part of its planned activities in the Great South Basin, the Environmental Protection Authority said in a statement. More >>
More detail needed on migrant worker policy
Tuesday, 17 September 2019, 8:05 pm | BusinessDesk
Sept. 17 (BusinessDesk) - AWF Madison Group wants to see more detail but says new immigration settings aimed to make it easier to get migrants into jobs “sound sensible”. More >>
Briscoe Group says outlook uncertain
Tuesday, 17 September 2019, 3:12 pm | BusinessDesk
Sept. 17 (BusinessDesk) - Briscoe Group said first-half profit was flat and the economic outlook for the second half remains uncertain given subdued business and consumer confidence, increased cost pressures and the lower New Zealand dollar. More >>
FMA, RBNZ disappointed by life insurers' response
Tuesday, 17 September 2019, 2:23 pm | BusinessDesk
Sept. 17 (BusinessDesk) - Sixteen New Zealand insurers have identified more than 75,000 customer issues valued at least $1.4 million but regulators still say they are disappointed by the life insurance industry's response to their conduct and culture ... More >>
Steep rate cut may have spooked households - Westpac
Tuesday, 17 September 2019, 1:40 pm | BusinessDesk
The number of New Zealand households that would go out and spend a $10,000 windfall fell to its lowest level in 20 years, suggesting consumers may have been scared off by the central bank’s steep rate cut in August, the latest Westpac McDermott Miller ... More >>
NZ dollar remains world's 10th most traded
Tuesday, 17 September 2019, 12:57 pm | BusinessDesk
Sept. 17 (BusinessDesk) - The New Zealand dollar remains the world's 10th most actively traded currency, a place it has held since 2010. More >>
Veteran media exec Joan Withers joins Sky TV board
Tuesday, 17 September 2019, 12:53 pm | BusinessDesk
Sept. 17 (BusinessDesk) - Veteran media executive and company director Joan Withers has joined Sky Network Television. More >>
Contact hires Refining NZ CEO to replace Barnes
Tuesday, 17 September 2019, 12:29 pm | BusinessDesk
Sept. 17 (BusinessDesk) - Contact Energy has appointed Refining NZ chief executive Mike Fuge to replace Dennis Barnes. More >>
Govt minerals strategy poses 'significant' risk
Tuesday, 17 September 2019, 11:06 am | BusinessDesk
Sept. 17 (BusinessDesk) - The government’s proposed minerals and petroleum strategy poses a “significant” risk to security of energy and resource supply at a time of physical shortages in the country’s gas market, independent research house Enerlytica ... More >>
Trump authorises use of emergency crude stockpile
Tuesday, 17 September 2019, 11:05 am | BusinessDesk
Sept. 17 (BusinessDesk) - The New Zealand dollar fell against the US dollar after President Donald Trump authorised the use of the country's emergency crude stockpile after the weekend attack on Saudi Arabia’s major oil facilities. More >>
Z, BP, Mobil dragging chain on secure Auckland jetfuel
Tuesday, 17 September 2019, 10:03 am | BusinessDesk
Sept. 17 (BusinessDesk) - The government needs legal powers to compel the owners of the jet fuel supply system to Auckland International Airport to invest in greater capacity as early as the middle of next year, an independent review has found. More >>
MARKET CLOSE: NZ shares fall; high oil prices weigh
Monday, 16 September 2019, 8:51 pm | BusinessDesk
Sept. 16 (BusinessDesk) - New Zealand shares fell as the attack on Saudi Arabian oil facilities unnerved investors and higher oil prices weighed on transport stocks including Air New Zealand and Mainfreight. More >>
NZ dollar edges higher as concerns over Saudi attack ease
Monday, 16 September 2019, 8:09 pm | BusinessDesk
Sept. 16 (BusinessDesk) - The New Zealand dollar was a little stronger amid promising signs the attack on Saudi Arabia's major oil facilities will be contained and production swiftly restored. More >>
