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BusinessDesk - Latest News [Page 1280]

NextWindow records operating profit as sales jump 52 percent

Monday, 8 October 2012, 2:14 pm | BusinessDesk

Oct 8 (BusinessDesk) - NextWindow, the local touch-screen developer bought by Canada's Smart Technologies for US$82 million in 2010, posted a slim annual operating profit after boosting sales 52 percent and narrowed its bottom-line loss, according to its ... More >>

MIDDAY UPDATE: NZ dollar falls to month-low

Monday, 8 October 2012, 11:59 am | BusinessDesk

Oct. 8 (BusinessDesk) – The New Zealand dollar fell to a month-low against the greenback after better-than-expected US employment data stoked bets growth in the world’s biggest economy is building momentum. More >>

NZ Dollar Outlook: Kiwi may fall on stronger US jobs data

Monday, 8 October 2012, 11:42 am | BusinessDesk

NZ Dollar Outlook: Kiwi may fall on stronger US data; NZD may rise against Aust dollar More >>

SMEs business confidence 'holding up', says ANZ

Monday, 8 October 2012, 11:03 am | BusinessDesk

Oct 8 (BusinessDesk) - Small sized business confidence and hiring intentions are "holding up" even as ongoing uncertainty continues over the global economic outlook, according to ANZ's Business Micro Scope survey. More >>

Auditor refuses opinion on Allied Farmers accounts

Monday, 8 October 2012, 9:48 am | BusinessDesk

Oct. 8 (BusinessDesk) - Auditors for Allied Farmers, which failed to turn itself into a major lender when it took on the Hanover and United Finance loan books, have refused to give an opinion on its books after questioning the validity of its forward ... More >>

NZ dollar falls to 1mth low after US jobs jump

Monday, 8 October 2012, 8:36 am | BusinessDesk

Oct. 8 (BusinessDesk) - The New Zealand dollar fell to a one month low against the greenback after better-than-expected US employment data stoked bets growth in the world’s biggest economy is building momentum. More >>

World Week Ahead: Traders digest falling US jobless rate

Monday, 8 October 2012, 7:19 am | BusinessDesk

Oct. 7 (BusinessDesk) - America’s unemployment rate is watched by the Federal Reserve and the White House. Having fallen to 7.8 percent in September it is now the lowest since January 2009. American firms created 114,000 jobs last month, almost matching ... More >>

Hollywood seeks bigger NZ subsidy to offset weak greenback

Sunday, 7 October 2012, 3:20 pm | BusinessDesk

Oct. 7 (BusinessDesk) - Hollywood producers want New Zealand to up its 15 percent subsidy for big budget films to offset the higher cost of film-making here caused by the weak American dollar. More >>

Smelter and Meridian dismiss talk of power talks failing

Sunday, 7 October 2012, 2:57 pm | BusinessDesk

Oct 7 (BusinessDesk) - Both parties to negotiations over electricity prices for the Rio Tinto-owned aluminium smelter near Bluff say there is no truth to reports that state-owned electricity producer Meridian Energy has abandoned the talks. More >>

MARKET CLOSE: NZ shares rise, led by Michael Hill, OGC

Friday, 5 October 2012, 5:39 pm | BusinessDesk

(Oct. 5 (BusinessDesk) - New Zealand shares rose led by Michael Hill International after it lifted first-quarter revenue, and OceanaGold as the start of its new gold mine, Didipio, in the Philippines looms. More >>

NZ dollar gains as US employment figures loom

Friday, 5 October 2012, 5:22 pm | BusinessDesk

Oct. 5 (BusinessDesk) - The New Zealand dollar gained as stock markets across Asia rallied on growing optimism the world's major central banks will support global growth and as traders await US employment figures. More >>

Rebel Ports of Auckland union signs collective agreement

Friday, 5 October 2012, 4:27 pm | BusinessDesk

Oct. 5 (BusinessDesk) - PortPro is an officially registered union for Ports of Auckland workers, but don’t expected the Council of Trade Unions to support them. More >>

Singaporean PM jets in ahead of small economies summit

Friday, 5 October 2012, 3:51 pm | BusinessDesk

Oct. 5 (BusinessDesk) - The depth of bi-lateral ties between New Zealand and Singapore will get emphasis next week with a state visit by the Singaporean Prime Minister, Lee Hsien Loong. More >>

MONEY TALKS: Ditch the iconic F&P malarkey

Friday, 5 October 2012, 3:34 pm | BusinessDesk

One of the more frustrating things to come from the Chinese takeover bid for whiteware maker Fisher & Paykel Appliances is the nationalistic jingoism about the company being too 'iconic' to fall into foreign hands. More >>

MIDDAY UPDATE: Michael Hill shares gain on strong 1Q sales

Friday, 5 October 2012, 12:10 pm | BusinessDesk

Oct. 5 (BusinessDesk) - Shares in Michael Hill International rose to a four-year high after the listed jewellery maker lifted first-quarter revenue by 14 percent on improved trading in North American and Australia. More >>

Job ads rise in 3Q, Trade Me listings show

Friday, 5 October 2012, 11:49 am | BusinessDesk

Oct 5 (BusinessDesk) - Job advertisements on Trade Me's online auction website rose in the third quarter, underpinned by continued demand for construction workers for the Christchurch rebuild. More >>

Ecoya keeps execs with Business Bakery as Sinclair named CEO

Friday, 5 October 2012, 11:23 am | BusinessDesk

By Paul McBeth Oct. 5 (BusinessDesk) - Ecoya, the scented candle and skincare products maker, will stay under the guidance of its biggest shareholder after Stephen Sinclair was appointed chief executive. Sinclair will take up the reins immediately after ... More >>