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BusinessDesk - Latest News [Page 1363]

NZ dollar sell-off ends as G8 backs growth shift for Europe

Monday, 21 May 2012, 5:21 pm | BusinessDesk

May 21 (BusinessDesk) - The New Zealand dollar gained for just the second time this month as leaders of the Group of Eight nations signalled a shift towards growth policies in Europe may be a good thing. More >>

Auckland businesses cautious as Budget approaches

Monday, 21 May 2012, 3:41 pm | BusinessDesk

May 21 (BusinessDesk) - Auckland firms fear other businesses are more troubled than they were three months ago, but see their own situations much the same as they were back in February. More >>

MONEY TALKS: Bridgecorp bosses go down; do you feel better?

Monday, 21 May 2012, 3:41 pm | BusinessDesk

New Zealand's financial markets have witnessed something good and proper - the sentencing of the last Bridgecorp directors facing the gun. More >>

Tyndall taps Goldman Sachs as global fixed income manager

Monday, 21 May 2012, 3:11 pm | BusinessDesk

May 21 (BusinessDesk) - Tyndall Investment Management New Zealand has dumped its boutique New York-based fixed interest portfolio manager in favour of Goldman Sachs, citing in part fears about the quality of European bond issuance. More >>

'Introspective' NZ has shades of Muldoon, MFAT adviser says

Monday, 21 May 2012, 3:06 pm | BusinessDesk

May 21 (BusinessDesk) - New Zealand's fixation on domestic productivity is too "introspective" and has left the nation's policy debate stuck in the past of Robert Muldoon when the nation tried unsuccessfully to go it alone in an increasingly global economy. More >>

TMA Group emerges as PMP bidder

Monday, 21 May 2012, 3:05 pm | BusinessDesk

May 21 (BusinessDesk) – TMA Group, a Sydney-based provider of ticketing, parking equipment and packaging services, has emerged as the bidder for PMP that last month indicated it may offer as much as three times the current share price for the printing ... More >>

Fonterra taps Caldwell as head of people, culture, services

Monday, 21 May 2012, 1:46 pm | BusinessDesk

May 21 (BusinessDesk) - Fonterra Cooperative Group, the world's biggest dairy exporter, has appointed Chris Caldwell as managing director for people, culture and services, the last role to be filled in its new management structure. More >>

RESEND: NZ Dollar Outlook: Kiwi to gain as Euro leaders meet

Monday, 21 May 2012, 12:14 pm | BusinessDesk

May 21 (BusinessDesk) - The New Zealand dollar may rise this week as European leaders are expected to urge Greece to stay in the euro zone, while at home the government is set to deliver a "zero budget" as it aims to return to surplus. More >>

NZ Dollar Outlook: Kiwi may gain as European leaders meet

Monday, 21 May 2012, 12:11 pm | BusinessDesk

May 21 (BusinessDesk) - The New Zealand dollar may rise this week as European leaders meeting this week are expected to urge Greece to stay in the euro zone while at home, the government is set to deliver a "zero budget" as it aims to return to ... More >>

MIDDAY UPDATE: NZ exodus to Australia accelerates in April

Monday, 21 May 2012, 11:54 am | BusinessDesk

MIDDAY UPDATE: NZ exodus to Australia accelerates in April; NZ regulator flags high broadband connection costs More >>

NZ exodus to Australia accelerates in April to annual record

Monday, 21 May 2012, 11:42 am | BusinessDesk

May 21 (BusinessDesk) - The number of New Zealanders packing their bags and heading to Australia accelerated in April, with a new record number of annual departures at 53,462. More >>

Fisher Funds confirms departure of Marlin Global team

Monday, 21 May 2012, 11:37 am | BusinessDesk

May 21 (BusinessDesk) – Fisher Funds, the fast-growing KiwiSaver provider and manager of listed investment funds, has confirmed the departure of its global equities investment team. More >>

Wakefield FY earnings gain 27% as ACC-funded surgery rises

Monday, 21 May 2012, 10:34 am | BusinessDesk

May 21 (BusinessDesk) – Wakefield Health, the private hospital investor, posted a 27 percent increase in full-year earnings as demand for ACC-funded surgery made up for flatter private revenue. More >>

NZ regulator says cost, video access key to broadband uptake

Monday, 21 May 2012, 10:34 am | BusinessDesk

May 21 (BusinessDesk) - New Zealand consumers wanting to tap into the ultrafast broadband network will be mainly concerned with the cost of connection and availability of video content, according to the antitrust regulator. More >>

Metlifecare reduces merger sweetener for Vision shareholders

Monday, 21 May 2012, 9:30 am | BusinessDesk

May 21 (BusinessDesk) - Metlifecare, the rest home operator that raised $45.5 million of new capital last year, has scaled back its offer to Vision Senior Living (VSL) shareholders as part of merger that will deliver eight new retirement villages. More >>