Scoop has an Ethical Paywall
BusinessDesk
Independent, Trustworthy New Zealand Business News
The Wellington-based BusinessDesk team provides a daily news feed for a serious business audience.
BusinessDesk - Latest News [Page 1275]
While you were sleeping: US corporate earnings surprise
Wednesday, 17 October 2012, 7:39 am | BusinessDesk
Oct 17 (BusinessDesk) – Optimism amid better-than-expected US corporate earnings and economic data helped propel Wall Street, with the mood underpinned by expectations the obstacles to Spain finally seeking European Union financial assistance are being ... More >>
Dairy product prices rise 1.8% in GDT auction
Wednesday, 17 October 2012, 6:56 am | BusinessDesk
Oct. 17 (BusinessDesk) – Prices of dairy products rose in Fonterra’s latest GlobalDairyTrade auction, with whole milk powder posting its biggest gain since March last year. More >>
Hirepool seeks to buy Hirequip as quake work looms
Tuesday, 16 October 2012, 6:15 pm | BusinessDesk
Oct. 16 (BusinessDesk) - Equipment rental company Hirepool has sought clearance by the antitrust regulator to buy rival Hirequip out of receivership in a bid to get greater exposure to the heavy construction sector as the Christchurch rebuild starts ... More >>
MARKET CLOSE: NZ shares rise, led by Kathmandu, Warehouse
Tuesday, 16 October 2012, 6:01 pm | BusinessDesk
Oct. 16 (BusinessDesk) - New Zealand shares rose as part of a region-wide rally, led by retailers Kathmandu, Warehouse Group and Restaurant Brands. Diligent Board Member Services paced falling stocks after reporting third-quarter sales. More >>
NZ dollar falls on benign inflation, RBA outlook
Tuesday, 16 October 2012, 5:22 pm | BusinessDesk
Oct. 16 (BusinessDesk) - The New Zealand dollar fell in local trading as a more benign than expected inflation report and a weaker Australian economic outlook trimmed the appeal of the currency. More >>
Iwi leaders complain weak ETS destroying Maori asset values
Tuesday, 16 October 2012, 4:59 pm | BusinessDesk
Oct. 16 (BusinessDesk) - The peak Maori body advising the government on climate change issues says the weak provisions intended for the Emissions Trading Scheme are robbing Maori of hundreds of millions of dollars by depressing the value of New Zealand carbon ... More >>
Key corrects his story on Dotcom knowledge
Tuesday, 16 October 2012, 3:25 pm | BusinessDesk
Oct. 16 (BusinessDesk) - Prime Minister John Key has endured the ritual humiliation of making a Personal Explanation in Parliament to correct statements that he only learnt of a spy agency's involvement in the Kim Dotcom case in September, when in ... More >>
NZ firms face tight margins as CPI rised at slower pace
Tuesday, 16 October 2012, 1:06 pm | BusinessDesk
NZ firms face tight margins as consumer prices rise at slowest pace in 13 years More >>
MIDDAY UPDATE: NZ consumer prices rise 0.3% in 3Q
Tuesday, 16 October 2012, 12:09 pm | BusinessDesk
MIDDAY UPDATE: NZ consumer prices rise 0.3% in 3Q; kiwi firms speed bill payments More >>
NZ consumer prices rise 0.3% in 3Q; kiwi drops
Tuesday, 16 October 2012, 10:59 am | BusinessDesk
NZ consumer prices rise 0.3% in 3Q; annual rate outside RBNZ band, kiwi falls More >>
NZ firms’ time to pay falls to 10-year low, D&B says
Tuesday, 16 October 2012, 10:24 am | BusinessDesk
Oct. 16 (BusinessDesk) - New Zealand's business-to-business payment times fell to a 10-year low in the September quarter, says credit checking agency Dun & Bradstreet. More >>
Aussie supermarket dumps Mainland, Fonterra still smiling
Tuesday, 16 October 2012, 9:46 am | BusinessDesk
Oct 16 (BusinessDesk) - One of Australia's biggest supermarket chains has dropped New Zealand's Mainland cheese brand much to the chagrin of its loyal customers, but Mainland's owner Fonterra Cooperative Group is still smiling after its Aussie-made ... More >>
Diligent continues sales drive in 3Q, upgrades drive revenue
Tuesday, 16 October 2012, 9:33 am | BusinessDesk
Oct 16 (BusinessDesk) - Diligent Board Member Services, the software-as-a-service company for corporate governance, continued its rapid sales drive in the third quarter as revenue from client upgrades underpinned growth in the period. More >>
NZ dollar gains after US retail sales growth; CPI looms
Tuesday, 16 October 2012, 8:59 am | BusinessDesk
Oct. 16 (BusinessDesk) - The New Zealand dollar rose after US retail sales growth and Citigroup’s earnings beat estimates, lifting stocks on Wall Street and bolstering risk appetite and demand for growth-linked assets such as the kiwi. More >>
While you were sleeping: Citigroup, US retail sales shine
Tuesday, 16 October 2012, 7:42 am | BusinessDesk
Oct 16 (BusinessDesk) – Wall Street advanced as better-than-expected US retail sales and Citigroup earnings bolstered optimism about the economic outlook, signs that were warmly welcomed hot on the heels of last week's darker mood. More >>
Maori Council expects Crown to fight ‘all the way’ on water
Monday, 15 October 2012, 6:18 pm | BusinessDesk
Maori Council expects Crown to fight ‘all the way’ on water rights By Jonathan Underhill More >>
Infratil mulls new six-year bond as November maturity looms
Monday, 15 October 2012, 6:08 pm | BusinessDesk
Oct. 15 (BusinessDesk) - Infratil, the Wellington-based investment company, is considering a new six-year bond as $57.4 million in debt matures next month. More >>
MARKET CLOSE NZ shares rise, paced by higher yield stocks
Monday, 15 October 2012, 6:01 pm | BusinessDesk
Oct. 15 (BusinessDesk) - New Zealand shares rose, led by companies with relatively high dividend yields such as Telecom as low interest rates worldwide stoke demand for assets offering bigger returns. More >>
NZ dollar falls as investors weary of Spain bailout talk
Monday, 15 October 2012, 5:40 pm | BusinessDesk
Oct. 15 (BusinessDesk) - The New Zealand dollar fell in local trading as investors tire of Spain's dalliance with seeking a bailout, and as Australia's economy threatens to slow down. More >>
Kiwis' internet smartphone usage tops 2.5 million
Monday, 15 October 2012, 4:22 pm | BusinessDesk
Oct. 15 (BusinessDesk) - Smartphones users are in the majority for the first time in New Zealand, with more than half of all kiwis using their mobile phone to access the internet, according to government figures. More >>
