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BusinessDesk - Latest News [Page 59]
Harker says Tilt wants to keep faith with shareholders
Wednesday, 29 May 2019, 12:22 pm | BusinessDesk
May 29 (BusinessDesk) - Tilt Renewables decided to write to shareholders outlining the reasons why it isn’t paying a final dividend to pay “full respect” to its broad investor base, particularly its retail shareholders, says chair Bruce Harker. More >>
Orr sees a 'resilient' financial system but some risks
Wednesday, 29 May 2019, 12:20 pm | BusinessDesk
May 29 (BusinessDesk) - The New Zealand financial system remains resilient to a broad range of economic risks, says Reserve Bank governor Adrian Orr. More >>
Taupo lithium resource potentially economic - GNS
Wednesday, 29 May 2019, 11:25 am | BusinessDesk
May 29 (BusinessDesk) - Lithium resources in the Taupo volcanic zone are potentially economic but may require conventional open-cast mining techniques if they are to be developed, delegates at the New Zealand Minerals Forum heard. More >>
Advent Gold defers listing plan after Waihi decision
Wednesday, 29 May 2019, 11:18 am | BusinessDesk
May 29 (BusinessDesk) - Advent Gold has deferred plans for an initial share offer on the ASX following the government’s rejection of a land sale for a new tailings operation at OceanaGold’s Waihi mine. More >>
New Zealand dollar eases in risk-off markets
Wednesday, 29 May 2019, 11:16 am | BusinessDesk
May 29 (BusinessDesk) - The New Zealand dollar eased slightly as markets continue to fret about US-China trade tensions. The focus is now on the central bank's financial stability report this morning. More >>
RBNZ appoints three independent experts
Wednesday, 29 May 2019, 9:47 am | BusinessDesk
May 29 (BusinessDesk) - The Reserve Bank has appointed three external experts to independently review the analysis and advice underpinning its bank capital proposals. More >>
MARKET CLOSE: NZ shares fall amid index reweightings
Tuesday, 28 May 2019, 9:32 pm | BusinessDesk
MARKET CLOSE: NZ shares fall amid index reweightings; F&P Health gives up more gains More >>
NZ dollar stagnates amid US and British holidays
Tuesday, 28 May 2019, 8:23 pm | BusinessDesk
May 28 (BusinessDesk) - The New Zealand dollar was little changed with the major United States and British markets closed for holidays and after US President Donald Trump made positive noises about reaching a trade agreement with Japan. More >>
Budget leaks suggest Gov centralising mental health spending
Tuesday, 28 May 2019, 5:21 pm | BusinessDesk
May 28 (BusinessDesk) - Leaked Budget documentation indicates the government is seeking to centralise health spending control in key areas such as mental health. More >>
NZ beef exporters recover lost market share in Japan
Tuesday, 28 May 2019, 5:02 pm | BusinessDesk
NZ beef exporters recover lost market share in Japan as CPTPP kicks in More >>
Bridges claims huge Budget details leak
Tuesday, 28 May 2019, 3:27 pm | BusinessDesk
May 28 (BusinessDesk) - The Treasury is investigating the leak of spending decisions relating to 18 of the government's 40 departments and agencies in what appears to be the largest breach of Budget secrecy since the entire Budget was leaked in 1986. More >>
Blis finally cracks an annual profit
Tuesday, 28 May 2019, 3:22 pm | BusinessDesk
May 28 (BusinessDesk) - Blis Technologies reported a maiden profit, almost 18 years since listing, and the probiotic maker expects to chalk up a bigger profit in the coming year on growing international demand for its probiotic products. More >>
NZ can play role in minerals-intensive shift to low-carbon
Tuesday, 28 May 2019, 2:54 pm | BusinessDesk
May 28 (BusinessDesk) - The global shift to a lower carbon economy will require greater development of mineral resources and New Zealand is well-placed to show how that can be done, Economic Development Minister David Parker says. More >>
Retirement home operator Arvida reports strong FY19 earnings
Tuesday, 28 May 2019, 2:18 pm | BusinessDesk
May 28 (BusinessDesk) - Arvida Group is reporting a 17 percent increase in underlying profit after tax of $38.6 million for the year to March 31, citing new retirement villages acquired in previous years and higher resales of vacated units at higher ... More >>
Mainfreight shares rise on 28% lift in FY net profit
Tuesday, 28 May 2019, 2:06 pm | BusinessDesk
(Recasts lede to include share price reaction, updates share price in 3rd paragraph, adds broker comment from 7th paragraph) More >>
Eroad plays down patent dispute
Tuesday, 28 May 2019, 12:56 pm | BusinessDesk
May 28 (BusinessDesk) - Eroad is playing down a claim that it's infringed someone's patent, saying it's so confident of its position that is hasn't made any provisions for the claim. More >>
Mainfreight reports 28% lift in FY net profit, sees momentum
Tuesday, 28 May 2019, 12:54 pm | BusinessDesk
May 28 (BusinessDesk) - Mainfreight reported a 28 percent lift in full year net profit as it global network continues to strengthen across its three core services of domestic transportation, warehousing and international freight forwarding. More >>
Todd to take controlling stake in Sunergise NZ
Tuesday, 28 May 2019, 11:40 am | BusinessDesk
May 28 (BusinessDesk) - Todd Corporation is to acquire a 75 percent stake in solar provider Sunergise New Zealand as part of a strategy to expand the range of its Nova Energy business. More >>
NZ dollar eases as greenback gains some ground
Tuesday, 28 May 2019, 11:10 am | BusinessDesk
May 28 (BusinessDesk) - The New Zealand dollar eased as the US dollar gained some ground in thin markets with both the US and the UK on holiday overnight. More >>
MARKET CLOSE: NZ shares falls as F&P Health gives up gains
Monday, 27 May 2019, 8:59 pm | BusinessDesk
MARKET CLOSE: NZ shares falls as F&P Health gives up gains on record profit More >>
