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 342]
Auckland Airport seeks up to $100 mln in new six-year bond
Monday, 9 October 2017, 1:41 pm | BusinessDesk
Oct. 9 (BusinessDesk) - Auckland International Airport plans to sell up to $100 million of six-year bonds, replacing a note set to mature next week More >>
OGOG wins NZOG's blessing after lifting offer by 1 cent
Monday, 9 October 2017, 12:07 pm | BusinessDesk
OGOG wins NZOG's blessing after lifting offer by 1 cent a share By Paul McBeth More >>
NZ dollar drops to 5-month low as Nats lose two seats
Monday, 9 October 2017, 11:48 am | BusinessDesk
Oct. 9 (BusinessDesk) - The New Zealand dollar fell to a five-month low after the National Party lost two seats after special votes were counted while market bets on a Federal Reserve rate hike in the US increased. More >>
World Week Ahead: Eyes on Fed minutes, US inflation
Monday, 9 October 2017, 9:15 am | BusinessDesk
Oct. 9 (BusinessDesk) - US inflation and retail sales data, the latest round of quarterly corporate earnings, and renewed tension between the US and North Korea will form a key focus as Wall Street begins the week near record highs. More >>
ELECTION UPDATE: English seeks first talks with NZ First
Saturday, 7 October 2017, 6:15 pm | BusinessDesk
ELECTION UPDATE: English seeks first talks with NZ First as final vote count raises odds of NZ regime change More >>
Odds of a centre-left govt improve after final vote count
Saturday, 7 October 2017, 5:40 pm | BusinessDesk
Oct. 7 (BusinessDesk) - The parliamentary arithmetic has improved for the formation of a centre-left government following the release of the final count from the Sept. 23 general election by the Electoral Commission this afternoon. More >>
MARKET CLOSE: NZ shares rise ahead of final election results
Friday, 6 October 2017, 8:34 pm | BusinessDesk
Oct. 6 (BusinessDesk) - New Zealand shares gained, led by Meridian Energy and Port of Tauranga, as investors keep an eye on tomorrow's final count of the general election and the subsequent coalition talks, while dairy stocks Synlait Milk and A2 Milk Co ... More >>
NZ dollar heads for 1.5% decline as final vote tally looms
Friday, 6 October 2017, 8:24 pm | BusinessDesk
NZ dollar heads for 1.5% weekly decline as final vote tally looms, greenback gains More >>
Supreme Court rules on PwC, litigation funding case
Friday, 6 October 2017, 7:37 pm | BusinessDesk
Supreme Court rules on PwC, litigation funding case despite out-of-court settlement By Sophie Boot More >>
Stateside Kiwi companies could benefit from US tax overhaul
Friday, 6 October 2017, 6:30 pm | BusinessDesk
Oct. 6 (BusinessDesk) - US President Donald Trump's tax overhaul could benefit New Zealand business operating in the world's biggest economy although the devil lies in the unknown detail. More >>
Spark pushes ComCom to wrap up mobile market study quickly
Friday, 6 October 2017, 6:29 pm | BusinessDesk
Oct. 6 (BusinessDesk) - Spark New Zealand, the country's second-biggest mobile carrier, kicked off its response to the Commerce Commission's probe into the mobile market, urging the regulator to keep it narrow and brief to avoid regulatory uncertainty ... More >>
Hospitality, private trading providers wary over migration
Friday, 6 October 2017, 4:02 pm | BusinessDesk
Oct. 6 (BusinessDesk) - Private training providers and the hospitality sector are nervous about where a future government will land on migration policy settings as coalition talks gather momentum with the final vote of the general election due tomorrow. More >>
First NZ Capital makes case for Summerset, Metlifecare merge
Friday, 6 October 2017, 2:08 pm | BusinessDesk
Oct. 6 (BusinessDesk) - Merging retirement village operators Summerset Group and Metlifecare would put them on firmer ground in mounting a trans-Tasman expansion as the domestic property market starts to fade, says First NZ Capital in a research ... More >>
Glassons splits CEO role in two after Humphries' departure
Friday, 6 October 2017, 1:00 pm | BusinessDesk
Oct. 6 (BusinessDesk) - Glassons, the women's wear brand owned by Hallenstein Glasson Holdings, has split its chief executive role into two after the departure of Di Humphries, replacing her with separate New Zealand and Australian heads as it seeks to establish ... More >>
Kiwi fund managers embrace responsible investing, but worry
Friday, 6 October 2017, 12:58 pm | BusinessDesk
Oct. 6 (BusinessDesk) - New Zealand fund managers woke up to the importance their customers place on investing in companies with high environmental, social and governance (ESG) standards, but worry more than their global peers that those priorities won't ... More >>
NZ dollar drops to four-month low as US jobs data
Friday, 6 October 2017, 11:36 am | BusinessDesk
Oct. 6 (BusinessDesk) - The New Zealand dollar hit a four-month as the greenback was bolstered by recent upbeat data ahead of tonight's US jobs report and as the final election tally looms on Saturday. More >>
US economic data underpin stock rally
Friday, 6 October 2017, 11:09 am | BusinessDesk
Oct. 6 (BusinessDesk) - Wall Street gained, sending the three benchmark indices to record highs, as better-than-expected US data on trade and factory orders bolstered sentiment. More >>
UPDATE: Preston Road, Otara incident
Thursday, 5 October 2017, 8:56 pm | BusinessDesk
Three people have been taken to Middlemore Hospital. One male has moderate injuries and may require surgery, the two other males have superficial injuries. More >>
MARKET CLOSE: NZ shares hit record on A2 gains
Thursday, 5 October 2017, 8:41 pm | BusinessDesk
Oct. 5 (BusinessDesk) - New Zealand shares hit a record, led higher by A2 Milk and Synlait Milk continuing to gain, though the market was mixed with blue-chips like Auckland Airport falling. More >>
Polish Dairy to join Fonterra's Global Dairy Trade platform
Thursday, 5 October 2017, 8:40 pm | BusinessDesk
Oct. 5 (BusinessDesk) - Polish Dairy, the fifth largest producer of milk in the European Union, will join Fonterra Cooperative Group's Global Dairy Trade platform from Nov 21, initially offering skim milk powder, whole milk powder, butter and lactose on ... More >>
