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Independent, Trustworthy New Zealand Business News
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BusinessDesk - Latest News [Page 153]
Green Cross Health hires long-serving Carter Holt exec
Tuesday, 30 October 2018, 3:05 pm | BusinessDesk
Oct. 30 (BusinessDesk) - Green Cross Health has hired long-time Carter Holt Harvey executive Rachael Newfield to run the primary health care group. More >>
No surge in foreign buyer activity ahead of residential ban
Tuesday, 30 October 2018, 2:44 pm | BusinessDesk
Oct. 30 (BusinessDesk) - The number of New Zealand home transfers to foreign buyers continued to ease in the September quarter ahead of pending rule changes barring overseas buyers from snapping up existing houses. More >>
Cavalier sees benefit in consumer shift from plastics
Tuesday, 30 October 2018, 1:55 pm | BusinessDesk
Cavalier Corp says it is well-placed to take advantage of a growing consumer shift away from plastics. More >>
Govt's legal advisors criticise rushed exploration ban
Tuesday, 30 October 2018, 12:37 pm | BusinessDesk
Oct. 30 (BusinessDesk) - Consultation on legislation to implement the government’s planned ban on new offshore exploration should have been wider given its potential for “significant environmental, economic and societal impacts,” the country’s ... More >>
NZX spring cleans its rule book, market structure
Tuesday, 30 October 2018, 11:54 am | BusinessDesk
Oct. 30 (BusinessDesk) - In the stock market equivalent of a satisfying fridge clean-out, the NZX today announced it has “refreshed” its market structure and updated its listing rules. More >>
NZ dollar holds ground against weaker euro
Tuesday, 30 October 2018, 11:37 am | BusinessDesk
Oct. 30 (BusinessDesk) - The New Zealand dollar was largely unmoved against a weaker euro as Germany's long-serving Chancellor Angela Merkel said she won't seek another term in charge of Europe's biggest economy. More >>
MARKET CLOSE: NZ shares gain; Spark dominates
Monday, 29 October 2018, 9:02 pm | BusinessDesk
Oct. 29 (BusinessDesk) - New Zealand shares rose in lacklustre trading dominated by Spark New Zealand, which will update shareholders at this week's annual meeting. More >>
NZ dollar firms against USD amid quiet trading
Monday, 29 October 2018, 8:32 pm | BusinessDesk
Oct. 29 (BusinessDesk) - The New Zealand dollar continued to recover against the greenback as risk appetite improved but trading was light amid fragile sentiment. More >>
Govt gives $19M boost to national 3D mapping initiative
Monday, 29 October 2018, 6:43 pm | BusinessDesk
Oct. 29 (BusinessDesk) - Councils that can't afford three-dimensional mapping of their territories stand to gain from a $19 million grant from the Provincial Growth Fund. More >>
Electricity key to Fonterra's 2050 net zero target
Monday, 29 October 2018, 6:42 pm | BusinessDesk
Oct. 29 (BusinessDesk) - Electricity is probably Fonterra’s best long-term energy option, but the company says it will need a combination of fuels at its sites as it works toward its 2050 net zero emissions target. More >>
RBNZ's Orr 'off-the-record' speech
Monday, 29 October 2018, 6:40 pm | BusinessDesk
Oct. 29 (BusinessDesk) - Reserve Bank governor Adrian Orr will extol the virtues of transparency for an initiated few in an off-the-record speech to anti-corruption campaigners Transparency International tonight. More >>
UniServices on board for latest Soul Machines funding round
Monday, 29 October 2018, 3:25 pm | BusinessDesk
Oct. 29 (BusinessDesk) - Auckland University's UniServices has joined Mercedes-Benz in the latest Soul Machines fund-raising round, injecting US$2 million into the local artificial intelligence firm. More >>
NZX 3rd-qtr revenue bolstered by expanding funds management
Monday, 29 October 2018, 1:48 pm | BusinessDesk
Oct. 29 (BusinessDesk) - NZX's third-quarter sales rose 3.8 percent as its funds management division made up for lacklustre performances in its core operations. More >>
AWF Madison maintains interim dividend as profit drops 40%
Monday, 29 October 2018, 12:31 pm | BusinessDesk
Oct. 29 (BusinessDesk) - AWF Madison maintained its interim dividend, despite posting a 40 percent slide in first-half earnings due to the failure of three building sector customers. More >>
NZ dollar climbs above 65 US cts
Monday, 29 October 2018, 11:44 am | BusinessDesk
Oct. 29 (BusinessDesk) - The New Zealand dollar rose back above 65 US cents on speculation the People's Bank of China is prepared to intervene in currency markets to support the yuan. More >>
MARKET CLOSE: NZ shares mixed as global investors spooked
Friday, 26 October 2018, 8:59 pm | BusinessDesk
Oct. 26 (BusinessDesk) - New Zealand shares were mixed as weaker than expected earnings from global tech giants spooked investors already wary of over-valued equity markets. More >>
Trucker TIL to lift full-year earnings
Friday, 26 October 2018, 8:52 pm | BusinessDesk
Oct. 26 (BusinessDesk) - TIL Logistics says full-year operating earnings may increase by 20 percent given on-going growth in the economy and performance expected from recent acquisitions. More >>
NZ dollar heads for 1.2% weekly fall in risk-averse markets
Friday, 26 October 2018, 8:44 pm | BusinessDesk
Oct. 26 (BusinessDesk) - The New Zealand dollar is headed for a 1.2 percent weekly fall against the greenback as equity markets continue to get battered by risk-averse investors. More >>
Wgtn Airport eyes strong summer traffic
Friday, 26 October 2018, 8:42 pm | BusinessDesk
Oct. 26 (BusinessDesk) - Wellington International Airport says it is expecting a strong summer on a mix of new services and increased capacity to and from Australia. More >>
Trucking firm partners with Hiringa for hydrogen trials
Friday, 26 October 2018, 4:17 pm | BusinessDesk
Oct. 26 (BusinessDesk) - Trucking group TIL Logistics has agreed to investigate hydrogen fuel options with Hiringa Energy. More >>
