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BusinessDesk - Latest News [Page 387]
Tomizone chief executive Geoff Wanless follows chairman out
Thursday, 13 July 2017, 6:59 pm | BusinessDesk
July 13 (BusinessDesk) - Auckland-based Tomizone chief executive Geoff Wanless is following his chairman out the door as the ASX-listed wi-fi service provider raises new funds and its lender takes a more hands-on role. More >>
Investors OK with use of non-GAAP measures
Thursday, 13 July 2017, 6:57 pm | BusinessDesk
Investors OK with use of non-GAAP measures, confused about whether they are audited: XRB More >>
International derivatives rules prompt look at law change
Thursday, 13 July 2017, 6:56 pm | BusinessDesk
July 13 (BusinessDesk) - International efforts to remove some of the risks associated with over-the-counter derivatives products have spurred the Reserve Bank and the Ministry of Business, Innovation and Employment to look at changing the law to make ... More >>
Commercial fishers to phase in digital monitoring
Thursday, 13 July 2017, 4:48 pm | BusinessDesk
July 13 (BusinessDesk) - New Zealand's commercial fishers, which generate about $1.8 billion of annual exports, will have to start installing digital monitoring devices from October in a new regulatory regime which seeks to get better information to ... More >>
Two men sentenced for $6.9 million pokie fraud
Thursday, 13 July 2017, 4:35 pm | BusinessDesk
July 13 (BusinessDesk) - Two men have been sentenced after being found guilty in a multi-million dollar gaming machine fraud case, after manipulating gambling licences and grants. More >>
NZ consumer confidence slips in July, remains elevated
Thursday, 13 July 2017, 4:29 pm | BusinessDesk
July 13 (BusinessDesk) - New Zealand consumer confidence fell from a five-month high in July, but remained elevated, with a dip in those who thought it was a good time to buy a major household item and a broadly unchanged view that the next five years ... More >>
Business and ethics 'inseparable', says veteran director
Thursday, 13 July 2017, 3:32 pm | BusinessDesk
July 13 (BusinessDesk) - Businesses can't escape ethical questions, which veteran company director Rob Campbell sees as one of the core values of the next generation coming of age. More >>
NZ food prices inch up in June
Thursday, 13 July 2017, 2:12 pm | BusinessDesk
July 13 (BusinessDesk) - New Zealand food prices rose in June, led by higher prices for avocados and soft drinks, although produce prices more broadly pulled back from highs in May. More >>
Pushpay shares sold at 8.5% discount in bookbuild
Thursday, 13 July 2017, 1:34 pm | BusinessDesk
July 13 (BusinessDesk) - Pushpay Holdings shares are trading higher this morning following the close of a $25 million bookbuild where they were sold at an 8.5 percent discount. More >>
House prices up 5.8% in June, led by growth outside Auckland
Thursday, 13 July 2017, 1:04 pm | BusinessDesk
July 13 (BusinessDesk) - New Zealand's median house price rose an annual 5.8 percent in June with strong growth outside of Auckland, according to the Real Estate Institute. More >>
NZ dollar gains on 'dovish' Yellen
Thursday, 13 July 2017, 11:52 am | BusinessDesk
July 13 (BusinessDesk) - The New Zealand dollar rose against the greenback after Federal Reserve chair Janet Yellen appeared to put more emphasis on weak inflation in testimony to Congress and fell against the Canadian dollar after Canada hiked ... More >>
While you were sleeping: Yellen lifts markets
Thursday, 13 July 2017, 11:12 am | BusinessDesk
July 13 (BusinessDesk) - Wall Street and US Treasuries rallied after US Federal Reserve Chair Janet Yellen flagged that lower-than-expected inflation will likely keep the pace of interest rate increases in check. More >>
Council committee seeks advice on Ruataniwha scheme
Wednesday, 12 July 2017, 8:56 pm | BusinessDesk
July 12 (BusinessDesk) - A Hawke's Bay Regional Council committee has asked the council's investment company whether it should withdraw the balance of funding for the Ruataniwha Water Storage Scheme now that a key element has been shot down by the Supreme Court. More >>
Regional drivers ditching dungers for used import cars
Wednesday, 12 July 2017, 8:55 pm | BusinessDesk
July 12 (BusinessDesk) - National car auction firm Turners is pointing to a huge surge in demand for imported used cars from regional centres as indicating a wave of confidence is producing a car fleet upgrade in a more confident provincial New ... More >>
MARKET CLOSE: NZ shares down, Chorus and Air NZ fall
Wednesday, 12 July 2017, 8:51 pm | BusinessDesk
July 12 (BusinessDesk) - New Zealand shares dropped, led lower by Chorus and Air New Zealand, while Ryman Healthcare and NZX rose as investors search for untapped value. More >>
CORRECT: Investors not yet ready for secondary market
Wednesday, 12 July 2017, 8:50 pm | BusinessDesk
July 12 (BusinessDesk) - Licensed stock market operator NZX is abandoning its plans to develop a market for small and medium-sized companies, but crowdfunding platforms say they're yet to see enough demand to build a secondary market for the share sales ... More >>
NZ dollar loses ground against Aussie
Wednesday, 12 July 2017, 8:49 pm | BusinessDesk
July 12 (BusinessDesk) - The New Zealand dollar continued to fall against the Australian dollar on some improving data across the Tasman and a lift in iron ore prices. More >>
Xero board grapples with growth/profit tension
Wednesday, 12 July 2017, 8:48 pm | BusinessDesk
July 12 (BusinessDesk) - Xero's board is still balancing the tension between chasing new growth and getting the books in black, with new technology and the migration to Amazon Web Services paving the way for the accounting software provider to chase ... More >>
ableX plans to raise $1.2M in capital rising
Wednesday, 12 July 2017, 6:18 pm | BusinessDesk
July 12 (BusinessDesk) - Digital health company ableX will launch a capital raising in the week of July 31 to fund growth and expansion of its cloud-based rehabilitation system. More >>
Investors not yet ready for secondary market
Wednesday, 12 July 2017, 6:16 pm | BusinessDesk
Investors not yet ready for secondary market in crowd-funded equities, platforms say By Sophie Boot More >>
