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BusinessDesk - Latest News [Page 123]

Trans-Tasman Resources appeals iron sands ruling

Thursday, 27 December 2018, 7:48 pm | BusinessDesk

Dec. 27 (BusinessDesk) - Trans-Tasman Resources has been granted leave to appeal a High Court decision quashing its consent to mine iron sands off the Taranaki coast. More >>

Retailers enjoy a Boxing Day bonanza

Thursday, 27 December 2018, 2:05 pm | BusinessDesk

Dec. 27 (BusinessDesk) - Boxing Day shopping proved to be another bonanza for retailers with spending through non-fuel merchants jumping 11.2 percent on the day compared with last year. More >>

TIL Logistics clears a third hurdle with Farmlands contract

Thursday, 27 December 2018, 12:50 pm | BusinessDesk

Dec. 27 (BusinessDesk) - A year after its backdoor listing, TIL Logistics has renewed the third of three contracts billed as risks to its financial performance. More >>

Vital's trustee stirs at urging of unitholders

Thursday, 27 December 2018, 12:35 pm | BusinessDesk

Dec. 27 (BusinessDesk) - Vital Healthcare Property Trust’s trustee and supervisor says one of its roles is to ensure the manager is acting in the best interests of unitholders. More >>

NZ dollar treads water as US markets rebound

Thursday, 27 December 2018, 12:16 pm | BusinessDesk

Dec. 27 (BusinessDesk) - The New Zealand dollar was largely left on the sidelines as US stock markets recovered on Boxing Day when Amazon and other retailers mounted a comeback on strong consumer spending. More >>

Infratil to help finance sale of NZ Bus to private equity

Monday, 24 December 2018, 7:27 pm | BusinessDesk

Infratil to help finance sale of NZ Bus to private equity for up to $240M More >>

MARKET CLOSE: NZ shares edge higher in thin trading

Monday, 24 December 2018, 7:26 pm | BusinessDesk

Dec. 24 (BusinessDesk) - New Zealand shares gained in shortened Christmas Eve trading, shaking off the negative lead set by Wall Street's decline on Friday night, with defensive stocks such as property investment firms and power companies among the ... More >>

NZ dollar under pressure in quiet Christmas Eve trading

Monday, 24 December 2018, 7:25 pm | BusinessDesk

Dec. 24 (BusinessDesk) - The New Zealand dollar trod water in quiet Christmas Eve trading but may continue to fall into the New Year as uncertainty over geopolitics keeps investors uneasy. More >>

Wrightson to buy back shares from investor

Monday, 24 December 2018, 7:24 pm | BusinessDesk

Dec. 24 (BusinessDesk) - PGG Wrightson will buy back a small parcel of shares from an investor who voted against the sale of the seeds business to Denmark's DLF Seeds. More >>

Seek finds a high prevalence of illegal questions asked

Monday, 24 December 2018, 7:23 pm | BusinessDesk

Dec. 24 (BusinessDesk) - About 38 percent of New Zealanders have been asked an illegal question during a job interview this year and, what’s possibly more surprising, 89 percent of those surveyed by the Seek online job advertisements platform answered ... More >>

MYOB's keeps its KKR bird in hand

Monday, 24 December 2018, 7:22 pm | BusinessDesk

MYOB's keeps its KKR bird in hand as it searches for a higher offer More >>

First NZ Capital buys derivatives firm OMF

Monday, 24 December 2018, 2:50 pm | BusinessDesk

Dec. 24 (BusinessDesk) - First NZ Capital is adding derivatives trading to its bow with the purchase of specialist derivatives broking house OMF to achieve a strategic consolidation of New Zealand's private wealth management and investor service providers. More >>

Snakk's CEO departs after first creditors' meeting

Monday, 24 December 2018, 2:22 pm | BusinessDesk

Dec. 24 (BusinessDesk) - Snakk Media’s chief executive Joel Williams has ceased his employment with the company, it advised in a one-sentence statement late Friday. More >>

Anxious wait for Vital investors

Monday, 24 December 2018, 2:21 pm | BusinessDesk

Dec. 24 (BusinessDesk) - Investors in Vital Healthcare Property Trust have an anxious wait to get a clearer view of whether they can recoup the A$81 million the trust’s manager has forced them to invest in ASX-listed Healthscope. More >>

NZ dollar holds up as ructions in Washington weigh

Monday, 24 December 2018, 2:20 pm | BusinessDesk

Dec. 24 (BusinessDesk) - The New Zealand dollar opened the holiday-shortened week on a stable footing, having been sold off as a Federal government shutdown and divisions in the White House weighed on global markets. More >>

MARKET CLOSE: NZ shares sink as US, China stoush weighs

Friday, 21 December 2018, 9:18 pm | BusinessDesk

Dec. 21 (BusinessDesk) - New Zealand shares joined a regional sell-off as fears over the US-China trade dispute and the risk of a federal government shutdown in the US weighed on investor sentiment. Comvita sank as it exited the benchmark index. More >>

NZ dollar inches lower against greenback

Friday, 21 December 2018, 8:30 pm | BusinessDesk

Dec. 21 (BusinessDesk) - The New Zealand dollar is headed for a 0.3 percent weekly fall against the US dollar - and a 2 percent drop against the yen - as jittery markets wait to see whether a partial US government shutdown can be averted before Christmas. More >>