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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 626]
NZ dollar jumps higher
Wednesday, 13 April 2016, 10:46 am | BusinessDesk
April 13 (BusinessDesk) - The New Zealand dollar touched its highest level in almost two weeks as a gain in oil lifted sentiment for commodity currencies. More >>
While you were sleeping: Oil report lifts mood
Wednesday, 13 April 2016, 9:34 am | BusinessDesk
April 13 (BusinessDesk) - Wall Street took its cue from rising oil prices, which overshadowed a downgraded outlook for Alcoa. More >>
MARKET CLOSE: NZ shares rise as Orion Health wins contracts
Tuesday, 12 April 2016, 6:06 pm | BusinessDesk
April 12 (BusinessDesk) - New Zealand shares rose after Orion Health Group said it won new UK clients and SkyCity Entertainment Group rebounded following a conference call for analysts while A2 Milk Co dropped. More >>
NZ dollar extends gains to highest level in more than a week
Tuesday, 12 April 2016, 5:13 pm | BusinessDesk
NZ dollar extends gains to highest level in more than a week on commodity rally, weak greenback More >>
PM's interests shows deposit with foreign trust specialist
Tuesday, 12 April 2016, 5:08 pm | BusinessDesk
Prime Minister John Key's register of interests has revealed he has a short-term deposit in a company specialising in New Zealand foreign trusts. More >>
RBNZ says insurance sector has improved under its watch
Tuesday, 12 April 2016, 5:07 pm | BusinessDesk
RBNZ says insurance sector has improved under its watch, plans to look at the law More >>
Fonterra board size in focus in governance overhaul
Tuesday, 12 April 2016, 4:53 pm | BusinessDesk
April 12 (BusinessDesk) - Fonterra's board and shareholders' council successfully opposed a remit to shrink its board at last year's annual meeting and the outcome of this week's first-ever governance overhaul may hold that line while proposing ... More >>
PGG Wrightson chairman withdraws Agria takeover offer
Tuesday, 12 April 2016, 4:47 pm | BusinessDesk
April 12 (BusinessDesk) - The NZX-listed rural and farmer services company, PGG Wrightson, says its chairman has withdrawn his takeover bid for the New York-listed agricultural company, Agria Corporation. More >>
NZ a soft target for growing cyber-crime threat
Tuesday, 12 April 2016, 4:38 pm | BusinessDesk
April 12 (BusinessDesk) - The incidence of computer-attacking software has exploded in the last six years, from 2.3 million new pieces of malware in 2009 to 430.5 million last year, according to the latest Symantec Internet Security Threat Report, with ... More >>
Cavalier asked to explain 27% share price jump
Tuesday, 12 April 2016, 3:39 pm | BusinessDesk
April 12 (BusinessDesk) - The NZX has written to Cavalier Corp asking the carpet maker for an explanation for a 27 percent jump in its share price in under a week. More >>
NZ record tourism pushes occupancy to highest ever
Tuesday, 12 April 2016, 3:18 pm | BusinessDesk
April 12 (BusinessDesk) - Record tourism has driven New Zealand hotel and motel occupancy rates to their highest ever levels and prompted the industry to start making plans to cope with ever increasing demand. More >>
Divisions over expanded company reporting
Tuesday, 12 April 2016, 2:38 pm | BusinessDesk
April 12 (BusinessDesk) - Institutional investors and listed companies were split on NZX's proposal to introduce more transparent reporting of non-financial measures and executive pay, submissions show. More >>
NZ guest night rise for 23rd straight month
Tuesday, 12 April 2016, 12:31 pm | BusinessDesk
April 12 (BusinessDesk) - New Zealand guest nights rose in February for the 23rd month in a row, reflecting broad-based gains across both islands in all accommodation types. More >>
NZ house sales and turnover hit records in March, REINZ says
Tuesday, 12 April 2016, 12:22 pm | BusinessDesk
April 12 (BusinessDesk) - New Zealand house sale prices broke records across the country in March as Auckland's strength and the halo effect on surrounding regions continued to improve. More >>
Opus International to overhaul business structure
Tuesday, 12 April 2016, 11:57 am | BusinessDesk
April 12 (BusinessDesk) - Opus International Consultants will restructure its business along sector lines instead of country-based divisions in an effort to draw on staff expertise across borders, managing director David Prentice says. More >>
Orion Health shares climb to highest level in 9 months
Tuesday, 12 April 2016, 10:43 am | BusinessDesk
Orion Health shares climb to highest level in more than 9 months on new UK contracts More >>
Long-awaited grid cost-sharing paper due May 17
Tuesday, 12 April 2016, 10:42 am | BusinessDesk
April 12 (BusinessDesk) - A long-awaited recommendation on how the cost of the national electricity grid should be shared in future is due on May 17. More >>
NZ dollar hits one-week high on commodity price gains
Tuesday, 12 April 2016, 8:59 am | BusinessDesk
April 12 (BusinessDesk) - The New Zealand dollar touched its highest level in a week amid a lift in commodity prices and a weaker US dollar. More >>
While you were sleeping: Stocks rise as dollar weakens
Tuesday, 12 April 2016, 7:17 am | BusinessDesk
April 12 (BusinessDesk) - Equities on both sides of the Atlantic advanced as a weakening greenback helped support commodity prices. More >>
MARKET CLOSE: NZ shares fall; A2 Milk drops
Monday, 11 April 2016, 5:55 pm | BusinessDesk
April 11 (BusinessDesk) - New Zealand shares fell as investors mulled the risk of increased Chinese regulation on A2 Milk and Genesis Energy declined. Nuplex Industries gained after directors backed a takeover offer. More >>
