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 203]
MARKET CLOSE: NZ shares rise as Infratil and Z gain
Friday, 13 July 2018, 8:39 pm | BusinessDesk
MARKET CLOSE: NZ shares rise as Infratil and Z gain; Tourism Holdings, Fisher & Paykel drop More >>
Ross Asset liquidators claw back a further $3.1M
Friday, 13 July 2018, 6:36 pm | BusinessDesk
July 13 (BusinessDesk) - The liquidators for Ross Asset Management clawed back another $3.1 million from investors in the six months to June 16 while increasing the pressure on those still holding out by launching more lawsuits. More >>
Wells resigns from CBL board as FMA takes early view
Friday, 13 July 2018, 6:34 pm | BusinessDesk
Wells resigns from CBL board as FMA takes early view it may have broken disclosure, reporting rules More >>
Hawkins sale to Downer under scrutiny by liquidator
Friday, 13 July 2018, 4:20 pm | BusinessDesk
Hawkins sale to Downer under scrutiny by liquidator untangling $453M web of related party loans More >>
NZ construction inflation to slow due to escalating costs
Friday, 13 July 2018, 3:02 pm | BusinessDesk
July 13 (BusinessDesk) - Construction inflation across New Zealand's main cities is expected to slow in coming years as escalating costs soften demand, according to an industry report. More >>
NZ manufacturing activity slows
Friday, 13 July 2018, 2:21 pm | BusinessDesk
July 13 (BusinessDesk) - New Zealand's manufacturing activity slowed for a second month in June to the lowest level in six months, as the employment index contracted for a second straight month and the production measure fell to its lowest point since ... More >>
Chorus fibre connections climb 9.9% in June quarter
Friday, 13 July 2018, 12:39 pm | BusinessDesk
Chorus fibre connections climb 9.9% in June quarter, matching copper ADSL lines By Paul McBeth More >>
Future Mobility's Sealegs unit gets permanent injunction
Friday, 13 July 2018, 12:33 pm | BusinessDesk
July 13 (BusinessDesk) - Future Mobility Solutions said it won a High Court copyright infringement suit against rival boatbuilders that had used technology from its Sealegs amphibious boats. More >>
NZ dollar gains as China holds off retaliation
Friday, 13 July 2018, 11:47 am | BusinessDesk
July 13 (BusinessDesk) - The New Zealand dollar recovery extended through Northern Hemisphere trading as China refrained from retaliating immediately to the latest round of US tariffs, set to hit US$200 billion of the Asian powerhouse's exports ... More >>
MARKET CLOSE: NZ shares drop as A2 weakens on trading update
Thursday, 12 July 2018, 8:32 pm | BusinessDesk
MARKET CLOSE: NZ shares drop as A2 weakens on trading update, Kathmandu at 4.5-year high More >>
NZ dollar falls as US-China trade tensions dominate
Thursday, 12 July 2018, 8:16 pm | BusinessDesk
July 12 (BusinessDesk) - The New Zealand dollar fell amid expectations China will retaliate for the latest tariffs the US has announced on Chinese imports, which has weighed on prices of commodities and commodity-linked currencies. More >>
New labour law settings will stoke inflation
Thursday, 12 July 2018, 6:24 pm | BusinessDesk
July 12 (BusinessDesk) - Hikes to New Zealand's minimum wage and a move towards collective bargaining will accelerate the pace of pay rises over the next five years and spur inflation, ASB Bank economists say. More >>
Claimants concur with Peters' $800M Psa liability estimate
Thursday, 12 July 2018, 4:37 pm | BusinessDesk
July 12 (BusinessDesk) - The successful claimants in the kiwifruit lawsuit against the government for negligence in allowing the devastating Psa virus into New Zealand say they concur with acting Prime Minister Winston Peters' estimate of up to $800 ... More >>
NZ wool market recovers from lows in latest season
Thursday, 12 July 2018, 4:00 pm | BusinessDesk
NZ wool market recovers from lows in latest season as demand picks up; outlook uncertain More >>
New business leaders climate group to tackle emissions
Thursday, 12 July 2018, 3:58 pm | BusinessDesk
July 12 (BusinessDesk) - A group of 60 businesses who've signed up to a new climate change initiative will tackle problems shared along their supply chains rather than continue to go it alone. More >>
NZers' confidence in markets remains relatively upbeat
Thursday, 12 July 2018, 3:12 pm | BusinessDesk
July 12 (BusinessDesk) - New Zealanders' confidence in the country's financial markets dipped a touch but stayed relatively upbeat in an increasingly uncertain and volatile environment, with people largely comfortable about the stability of markets and the ... More >>
NZ food prices rise 0.2% in June
Thursday, 12 July 2018, 2:21 pm | BusinessDesk
July 12 (BusinessDesk) - New Zealand food prices rose in June, led by higher costs for takeover foods and restaurant meals following an increase in the minimum wage. More >>
ComCom indicates concerns with Ingenico, Paymark merger
Thursday, 12 July 2018, 1:23 pm | BusinessDesk
July 12 (BusinessDesk) - The Commerce Commission has indicated it has concerns with French payments systems provider Ingenico's planned acquisition of Paymark, as it might substantially lessen competition. More >>
A2 annual sales climb 68%
Thursday, 12 July 2018, 12:08 pm | BusinessDesk
July 12 (BusinessDesk) - A2 Milk Co lifted annual sales 68 percent, just beating the guidance given in May, and said it expects to maintain an earnings margin of about 30 percent in the coming year even with increased spending. More >>
NZ dollar falls below 68 US cts
Thursday, 12 July 2018, 11:58 am | BusinessDesk
NZ dollar falls below 68 US cts as markets respond to US-China trade standoff More >>
