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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 218]
NZ guest nights come off Easter peak in April
Wednesday, 13 June 2018, 3:03 pm | BusinessDesk
June 13 (BusinessDesk) - New Zealand guest nights fell in April as an earlier Easter holiday kept a lid on domestic travel, while international visitor accommodation remained strong, especially in the South Island. More >>
NZ food prices weaken in May, avocados smash records
Wednesday, 13 June 2018, 2:33 pm | BusinessDesk
June 13 (BusinessDesk) - New Zealand food prices slipped in May as record high prices for avocados and increased meat prices were offset by weaker prices for mandarins, kiwifruit and tomatoes. More >>
Restaurant Brands signs Pizza Hut master franchise deal
Wednesday, 13 June 2018, 12:50 pm | BusinessDesk
June 13 (BusinessDesk) - Restaurant Brands New Zealand has inked a master franchise agreement with Yum! Brands for the continued operation of the Pizza Hut brand in New Zealand. More >>
NZ dollar falls as Trump-Kim meeting spurs on greenback
Wednesday, 13 June 2018, 12:16 pm | BusinessDesk
June 13 (BusinessDesk) - The New Zealand dollar fell as the historic meeting between US President Donald Trump and North Korean leader Kim Jong Un spurred demand for the greenback as relations between the nations thawed, and ahead of the Federal Reserve's ... More >>
Danone adds to investment in NZ infant formula
Tuesday, 12 June 2018, 8:42 pm | BusinessDesk
Danone adds to investment in NZ infant formula with proposal to buy up to 49% of Yashili New Zealand By Jonathan Underhill More >>
MARKET CLOSE: NZ shares dip in market lull
Tuesday, 12 June 2018, 8:41 pm | BusinessDesk
MARKET CLOSE: NZ shares dip in market lull during US-North Korea summit; Argosy, Ryman, Arvida fall By Sophie Boot More >>
NZ dollar steady as Trump, Kim pledge to keep momentum
Tuesday, 12 June 2018, 8:40 pm | BusinessDesk
NZ dollar steady as Trump, Kim pledge to keep momentum after summit; focus shifts to central banks By Rebecca Howard More >>
Vista Group signs up Les Cinémas Pathé Gaumont
Tuesday, 12 June 2018, 7:37 pm | BusinessDesk
June 12 (BusinessDesk) - Vista Group has signed up French cinema chain Les Cinémas Pathé Gaumont for its cinema management software which will be rolled out in 69 sites. More >>
Few Kiwis think biosecurity threats affect them
Tuesday, 12 June 2018, 3:53 pm | BusinessDesk
June 12 (BusinessDesk) - The only way to protect New Zealand from future biosecurity threats is for people to realise they have skin in the game, says Roger Smith, head of Biosecurity New Zealand, whose polling shows the vast majority of Kiwis don't ... More >>
Few Kiwis think biosecurity threats affect them
Tuesday, 12 June 2018, 3:52 pm | BusinessDesk
June 12 (BusinessDesk) - The only way to protect New Zealand from future biosecurity threats is for people to realise they have skin in the game, says Roger Smith, head of Biosecurity New Zealand, whose polling shows the vast majority of Kiwis don't ... More >>
Government signs off on Chinese water bottling expansion
Tuesday, 12 June 2018, 3:10 pm | BusinessDesk
June 12 (BusinessDesk) - The government has granted a Chinese-owned company permission to expand a water bottling plant in Whakatane. More >>
NZ electronic card spending nudges up in May
Tuesday, 12 June 2018, 2:16 pm | BusinessDesk
June 12 (BusinessDesk) - New Zealand retail spending on electronic cards edged up in May, led by consumer spending on household essentials such as groceries and fuel. More >>
Auckland Council to launch $200m green bond offer
Tuesday, 12 June 2018, 1:42 pm | BusinessDesk
June 12 (BusinessDesk) - Auckland Council will open a $200 million green bond offer next week, which it says will be used to buy more electric trains and equipment and refinance existing debt from electric trains. More >>
Jason Paris to take over as Vodafone NZ CEO
Tuesday, 12 June 2018, 12:45 pm | BusinessDesk
June 12 (BusinessDesk) - Jason Paris, currently Vodafone Group's director for convergence acceleration, Africa, Middle East and Asia Pacific region, will succeed long-serving local head Russell Stanners, who is stepping down from his role as Vodafone New Zealand ... More >>
NZ dollar little changed against greenback
Tuesday, 12 June 2018, 11:43 am | BusinessDesk
June 12 (BusinessDesk) - The New Zealand dollar was little changed ahead of today's historic meeting in Singapore between US President Donald Trump and North Korean leader Kim Jong Un that may determine the degree of tension on the Korean peninsula ... More >>
MARKET CLOSE: NZ shares mixed in light trading
Monday, 11 June 2018, 8:34 pm | BusinessDesk
June 11 (BusinessDesk) - New Zealand shares were mixed in subdued trading with the Australian stock exchange closed for their Queen's Birthday public holiday, with local gains led by A2 Milk Co. More >>
NZ dollar sticks to tight range ahead of Trump-Kim meeting
Monday, 11 June 2018, 8:26 pm | BusinessDesk
June 11 (BusinessDesk) - The New Zealand dollar stuck to a tight range as markets await news out of a meeting between US President Donald Trump and North Korean leader Kim Jong Un as well as a raft of central bank meetings this week. More >>
NZ Shareholders Assn wary of CBL restructure
Monday, 11 June 2018, 7:08 pm | BusinessDesk
June 11 (BusinessDesk) - The New Zealand Shareholders Association wants to see the fine print of a restructuring plan put forward by CBL Corp directors Peter Harris and Alistair Hutchison, and is wary such a proposal could jeopardise legal remedies ... More >>
Genesis may raise up to $240M in capital bond offer
Monday, 11 June 2018, 3:56 pm | BusinessDesk
June 11 (BusinessDesk) - Genesis Energy is considering a capital bond offer of up to $240 million which would replace $200 million of hybrid notes ahead of an interest rate reset on the securities in July. More >>
NZ 1Q manufacturing sales volumes lifted
Monday, 11 June 2018, 2:17 pm | BusinessDesk
June 11 (BusinessDesk) New Zealand manufacturing sales volumes were boosted by transport equipment and machinery manufacturing in the first quarter. More >>
