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BusinessDesk - Latest News [Page 195]

AFT Pharmaceuticals expects to break even this year

Friday, 3 August 2018, 2:43 pm | BusinessDesk

Aug. 3 (BusinessDesk) - AFT Pharmaceuticals, which makes the Maxigesic painkiller, continues to target reaching breakeven by the end of this financial year regardless of whether it obtains any additional licensing income. More >>

Briscoe says first-half sales gains 4.3%

Friday, 3 August 2018, 2:27 pm | BusinessDesk

Aug. 3 (BusinessDesk) - Briscoe Group lifted first-half sales 4.3 percent and will report a slightly higher profit on wider margins next month, shrugging off a growing number of hurdles facing the retail sector. More >>

Auckland house prices stable in July

Friday, 3 August 2018, 1:58 pm | BusinessDesk

Aug. 3 (BusinessDesk) - Auckland house prices were stable in July but the number of sales lifted on the year with demand for lower priced property still strong, the city’s largest realtor said. More >>

Eroad eyes partnerships in Nth America to fast-track growth

Friday, 3 August 2018, 1:38 pm | BusinessDesk

Aug. 3 (BusinessDesk) - Eroad wants to accelerate growth in North American by partnering with other telematics firms which could be rolled out to the wider business. More >>

NZ new vehicle sales post second-strongest July ever

Friday, 3 August 2018, 12:33 pm | BusinessDesk

Aug. 3 (BusinessDesk) - New Zealand new vehicle sales continued to accelerate in July, posting the second-strongest level of sales for the month. More >>

NZ dollar hits 2-week low

Friday, 3 August 2018, 11:54 am | BusinessDesk

Aug. 3 (BusinessDesk) - The New Zealand dollar fell to a two-week low as global trade tensions escalated with Chinese authorities saying they were prepared to respond to harsher US tariffs. More >>

MARKET CLOSE: NZ shares dropped, led lower by Comvita

Thursday, 2 August 2018, 8:46 pm | BusinessDesk

MARKET CLOSE: NZ shares dropped, led lower by Comvita and Sky TV, ahead of earnings season More >>

NZ dollar falls as escalating trade war weighs

Thursday, 2 August 2018, 8:45 pm | BusinessDesk

Aug. 2 (BusinessDesk) - The New Zealand dollar was weaker against the greenback in jittery markets after the US stepped up pressure on China in the latest round of the global trade spat between the two nations. More >>

First NZ Capital tips slower earnings growth for August

Thursday, 2 August 2018, 7:42 pm | BusinessDesk

Aug. 2 (BusinessDesk) - First NZ Capital anticipates smaller earnings growth for the majority of companies reporting in August amid ongoing signs that businesses are worried about profitability. More >>

Strategy, detail for Provincial Growth Fund investments

Thursday, 2 August 2018, 7:29 pm | BusinessDesk

Aug. 2 (BusinessDesk) - The government has released more detail on the investments it is looking to make through the $1 billion per year Provincial Growth Fund, and says a large number of private sector firms want to partner up on projects. More >>

Financial Advice NZ concerned sales will get captured

Thursday, 2 August 2018, 7:26 pm | BusinessDesk

Aug. 2 (BusinessDesk) - Financial Advice New Zealand says politicians cast the net too broadly in defining regulated financial advice and wants Commerce Minister Kris Faafoi to draw a clear line in the sand to avoid capturing straight sales. More >>

First 'Future of Work' forum touches on education

Thursday, 2 August 2018, 4:46 pm | BusinessDesk

Aug. 2 (BusinessDesk) - The government's first tripartite 'Future of Work' forum, bringing together policymakers, business leaders and unionists, discussed upcoming education needs and ways to overcome the country's lacklustre productivity. More >>

Trump signs legislation to facilitate Kiwi business visas

Thursday, 2 August 2018, 4:34 pm | BusinessDesk

Aug. 2 (BusinessDesk) - US President Donald Trump has signed legislation that will make it easier for New Zealanders to trade or invest in the world's biggest economy. More >>

Millennium & Copthorne 1H profit lifted by tourism,

Thursday, 2 August 2018, 2:36 pm | BusinessDesk

Aug. 2 (BusinessDesk) - Millennium & Copthorne Hotels New Zealand reported a 24 percent lift in first-half profit as it benefited from growth at NZX-listed residential property developer CDL Investments and a steady tourism market, although it warned it is seeing ... More >>

NZ dollar edges lower

Thursday, 2 August 2018, 11:28 am | BusinessDesk

Aug. 2 (BusinessDesk) - The New Zealand dollar edged lower as speculation US President Donald Trump will impose even bigger tariffs on Chinese imports sapped investors' appetite for riskier assets, while the Federal Reserve retained its fairly upbeat ... More >>