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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 206]
NZDF looks to the stars and cyberspace in policy refresh
Friday, 6 July 2018, 2:00 pm | BusinessDesk
July 5 (BusinessDesk) - The New Zealand Defence Force will venture into new frontiers under a policy refresh, which will need the military to lift its ability to meet threats and opportunities in space and online, to reflect the new government's foreign ... More >>
Precinct Properties earns upgrade on ANZ Centre deal
Friday, 6 July 2018, 12:47 pm | BusinessDesk
July 6 (BusinessDesk) - Shares of Precinct Properties New Zealand earned an upgrade from Morningstar following the commercial property investor’s deal, announced last week, to sell 50 percent of the ANZ Centre in Auckland’s central business district ... More >>
NZ dollar rises as Fed minutes cite trade-war concerns
Friday, 6 July 2018, 11:47 am | BusinessDesk
July 6 (BusinessDesk) - The New Zealand dollar rose to its highest level in more than a week against the greenback after minutes from the latest Federal Reserve policy meeting showed policymakers are upbeat about the US economy but concerned about the ... More >>
MARKET CLOSE: NZ shares up
Thursday, 5 July 2018, 8:42 pm | BusinessDesk
July 5 (BusinessDesk) - New Zealand shares rose in light trading, led higher by Auckland International Airport and Westpac Banking Corp, with Heartland Bank and Fletcher Building softening. More >>
NZ dollar sticks to tight range, eyes on US for direction
Thursday, 5 July 2018, 8:20 pm | BusinessDesk
July 5 (BusinessDesk) - The New Zealand dollar stuck to a very tight range against the greenback in Asian trading as markets await key events in the US for direction. More >>
Jittery market piles into record volume of dairy derivatives
Thursday, 5 July 2018, 6:48 pm | BusinessDesk
'Jittery' market piles into record volume of dairy derivatives after steep price drop at GDT auction More >>
BNZ sees downside risk to kiwi
Thursday, 5 July 2018, 4:51 pm | BusinessDesk
July 5 (BusinessDesk) - Global risks coupled with domestic forces are weighing on the New Zealand dollar and Bank of New Zealand says its fair value estimate of 70 US cents faces downside risks that could push it even lower. More >>
Air NZ slams 'excessive pricing' by NZ airports
Thursday, 5 July 2018, 4:15 pm | BusinessDesk
Air NZ slams 'excessive pricing' by NZ airports, says law changes could cut plane ticket costs More >>
NZ farmer confidence drops on concern about Mycoplasma bovis
Thursday, 5 July 2018, 3:35 pm | BusinessDesk
July 5 (BusinessDesk) - New Zealand farmer confidence slid in the past quarter amid concern about the impact of Mycoplasma bovis cattle disease on the country’s agricultural sector, with the number of farmers expecting conditions to improve now only just ... More >>
Appeal Court rejects Dotcom's bid to stay extradition
Thursday, 5 July 2018, 3:21 pm | BusinessDesk
July 5 (BusinessDesk) - The Court of Appeal has rejected Kim Dotcom and his co-accused's efforts to avoid extradition to the US and says not only do the charges qualify, but unlawful spying and other misconduct are an issue for the actual trial in Virginia. More >>
UK Supreme Court rejects NZ Super Fund's debt recovery claim
Thursday, 5 July 2018, 2:02 pm | BusinessDesk
July 5 (BusinessDesk) - The New Zealand Superannuation Fund's manager said the UK Supreme Court has rejected its attempts to pursue a debt recovery claim, made with others, against Portugal's Novo Banco in the UK, in part because the liability claim ... More >>
CBL Corp administrators announce a deal to sell UK PFP
Thursday, 5 July 2018, 1:54 pm | BusinessDesk
CBL Corp administrators announce a deal to sell UK PFP business to US private equity firms More >>
Jayne Hrdlicka to take over as A2 managing director
Thursday, 5 July 2018, 1:08 pm | BusinessDesk
Jayne Hrdlicka to take over as A2 managing director from July 16 By Sophie Boot More >>
NZ govt operating surplus 9% above forecast
Thursday, 5 July 2018, 1:04 pm | BusinessDesk
July 5 (BusinessDesk) - The New Zealand government's operating surplus was 9 percent above forecast in the 11 months to the end of May but higher-than-expected Crown entity insurance claim costs offset some of the gains. More >>
NZ dollar little changed in subdued Independence Day trading
Thursday, 5 July 2018, 11:50 am | BusinessDesk
July 5 (BusinessDesk) - The New Zealand dollar was little changed in subdued trading in the face of the July 4 Independence Day holiday in the US ahead of the release of the Federal Reserve minutes and US employment figures. More >>
Business supports NZ moves to limit greenhouse gases
Thursday, 5 July 2018, 11:48 am | BusinessDesk
July 5 (BusinessDesk) - Seven out of 10 Kiwi businesses want New Zealand to take action on limiting greenhouse gas emissions, though there’s less agreement on the way to achieve it, a survey of more than 1,200 business leaders commissioned by Westpac ... More >>
MARKET CLOSE: NZ shares mixed in light trading
Wednesday, 4 July 2018, 8:43 pm | BusinessDesk
MARKET CLOSE: NZ shares mixed in light trading, Sky TV and Stride rise while A2, Westpac drop More >>
NZ dollar shrugs off weak dairy prices
Wednesday, 4 July 2018, 8:30 pm | BusinessDesk
NZ dollar shrugs off weak dairy prices, rises as investors ease up on bets its going to keep falling By Rebecca Howard More >>
S&P's new rating methodology for public sector funders
Wednesday, 4 July 2018, 8:28 pm | BusinessDesk
S&P's new rating methodology for public sector funders unlikely to result in cut to LGFA, investors say More >>
TSB hires former Warehouse Financial Services head
Wednesday, 4 July 2018, 6:44 pm | BusinessDesk
July 4 (BusinessDesk) - TSB Bank has hired the former head of Warehouse Group's short-lived financial services unit Donna Cooper as its new chief executive, replacing long-serving Kevin Murphy who departed at the start of the year. More >>
