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 1362]
MARKET CLOSE: NZ shares gain from 5-week low; Telecom rises
Tuesday, 22 May 2012, 5:42 pm | BusinessDesk
May 22 (BusinessDesk) - New Zealand shares rose, pushing the NZX 50 Index up from a five-week low, paced by Telecom, Chorus and Fletcher Building as optimism for a return to growth in Europe and China lifted equity markets throughout the region. More >>
Hannah on SMEs: Falling in love with your business
Tuesday, 22 May 2012, 5:34 pm | BusinessDesk
May 22 (BusinessDesk) - Humans can spend a lifetime searching for love. Hunting for that one person who makes you go gaga, the one you catch yourself smiling about or longing for. That one you're committed to till death do us part. More >>
NZ dollar holds gains, shrugs off Fonterra payout downgrade
Tuesday, 22 May 2012, 5:19 pm | BusinessDesk
May 22 (BusinessDesk) - The New Zealand dollar held gains in local trading, shrugging off a downgrade in Fonterra Cooperative Group's forecast payout to farmers after traders had already prepared for deteriorating commodity prices. More >>
Pharmacybrands FY profit jumps on Radius acquisition
Tuesday, 22 May 2012, 3:49 pm | BusinessDesk
May 22 (BusinessDesk) – Pharmacybrands, the retail pharmacy and medical centre company, posted a 93 percent jump in full-year profit, reflecting the boost to sales from the acquisition of the Radius Pharmacy and Radius Medical businesses. More >>
Re-flagging foreign fishing vessels threat to quota value
Tuesday, 22 May 2012, 3:48 pm | BusinessDesk
May 22 (BusinessDesk) - The value of New Zealand fishing quota could drop because of the government's decision to require foreign-flagged fishing vessels to register under the New Zealand flag within four years. More >>
Canterbury outpaces Auckland growth in March year
Tuesday, 22 May 2012, 3:32 pm | BusinessDesk
May 22 (BusinessDesk) - Canterbury has outpaced Auckland to gain the top spot in year on year growth, as the city's rebuild kicks into action, according to the National Bank's regional trends survey for the March quarter. More >>
FMA seeks feedback on use of non-standard earnings measures
Tuesday, 22 May 2012, 2:51 pm | BusinessDesk
May 22 (BusinessDesk) - The Financial Markets Authority is seeking submissions on the growing use of irregular earnings measures in preference to statutory profit. More >>
OfficeMax NZ unit boosts profit 6.6%, mulls Croxley future
Tuesday, 22 May 2012, 2:35 pm | BusinessDesk
May 22 (BusinessDesk) - OfficeMax New Zealand, the local unit of the global office supply company, lifted profit by 6.6 percent last year, even as sales fell, and has still to decide whether to sell its Croxley Stationery unit. More >>
NZ pork board appeals against court ruling on imports
Tuesday, 22 May 2012, 1:17 pm | BusinessDesk
May 22 (BusinessDesk) – The New Zealand Pork Industry Board is appealing a High Court decision allowing new health standards for imported pig meat, saying they increase the risk of infection of local herd by Porcine Reproductive and Respiratory Syndrome. More >>
Test HTML email no 3
Tuesday, 22 May 2012, 1:14 pm | BusinessDesk
May 22 (BusinessDesk) - The agent waited in the dark outside Labour MP Andrew Little's Wellington house and surprised him when he got out of the taxi with the words: "There's no fries with that but you've been served". More >>
Test HTML email layout
Tuesday, 22 May 2012, 12:56 pm | BusinessDesk
May 22 (BusinessDesk) - The email that is being sent out with this message should be formatted correctly. And the paragraphs should be lined up. More >>
MIDDAY UPDATE: Fonterra cuts milk forecast; NZ dollar gains
Tuesday, 22 May 2012, 11:53 am | BusinessDesk
May 22 (BusinessDesk) – Fonterra Cooperative Group, the world’s largest exporter of dairy products, has cut its forecast 2012 milk price and flagged lower payments in 2013 in response to a slide in global prices for dairy commodities. More >>
Fonterra cuts forecast 2012 milk price, flags fall in 2013
Tuesday, 22 May 2012, 11:20 am | BusinessDesk
May 22 (BusinessDesk) – Fonterra Cooperative Group, the world’s largest exporter of dairy products, has cut its forecast 2012 milk price and flagged lower payments in 2013 in response to a slide in global prices for dairy commodities. More >>
Meridian dumps West Coast hydro plan
Tuesday, 22 May 2012, 11:09 am | BusinessDesk
May 22 (BusinessDesk) - Opposition to Meridian Energy's plans for a 100 Megawatt hydro-electric scheme on the undammed Mokihinui River on the South Island's West Coast has forced its abandonment, the state-owned power company has announced. More >>
Judge turns down Tauber's low-ball offer to settle $95.9M debt over event manager
Tuesday, 22 May 2012, 10:49 am | BusinessDesk
May 22 (BusinessDesk) - David Tauber's bid to settle $95.9 million of debt in his failed event management was turned down in the High Court in Auckland last month because the judge said it would reward his "policy of reduced accountability." More >>
Judge rejects Tauber's low-ball offer to settle $95.9M debt
Tuesday, 22 May 2012, 10:42 am | BusinessDesk
Judge turns down Tauber's low-ball offer to settle $95.9M debt over event manager More >>
Test Tuesday Morning IRG Destination Check
Tuesday, 22 May 2012, 10:32 am | BusinessDesk
May 22 (BusinessDesk) - And where in the world will this end up? And more to the point, how did it get there ? More >>
While you were sleeping: Relief rebound
Tuesday, 22 May 2012, 7:32 am | BusinessDesk
May 22 (BusinessDesk) - Shares have opened higher at the start of the week as investors looked to take advantage of the recent drop in prices to add to their portfolios. More >>
MARKET CLOSE: NZ shares fall as earnings loom; FPA dips
Monday, 21 May 2012, 5:53 pm | BusinessDesk
May 21 (BusinessDesk) - New Zealand shares fell as investors await earnings from companies likely to show the impact of tough markets and a high kiwi dollar, such as Fisher & Paykel Appliances. Guinness Peat Group fell ahead of its annual meeting ... More >>
Key urges 'grown-up conversation' on ChCh asset sales
Monday, 21 May 2012, 5:21 pm | BusinessDesk
May 21 (BusinessDesk) - A "grown-up conversation" is needed about whether Christchurch City Councils should consider selling some assets to pay for the city's post-earthquake rebuild, Prime Minister John Key says. More >>
