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BusinessDesk - Latest News [Page 730]

Pushpay secures $18.7mn in private placement

Wednesday, 30 September 2015, 9:57 am | BusinessDesk

Sept. 30 (BusinessDesk) - Pushpay Holdings, the mobile payments app developer, has raised $18.7 million in a private placement of new shares at $4.88 apiece. More >>

Groser confirmed for Atlanta TPP talks as dairy deal hots up

Wednesday, 30 September 2015, 9:54 am | BusinessDesk

Sept. 30 (BusinessDesk) - Trade Minister Tim Groser will attend a meeting of trade ministers in Atlanta, Georgia, where negotiations are attempting to conclude the Trans-Pacific Partnership trade and investment pact. More >>

SLI Systems boss Ryan takes new role, Brennan named CEO

Wednesday, 30 September 2015, 9:38 am | BusinessDesk

Sept. 30 (BusinessDesk) - SLI Systems said founding chief executive Shaun Ryan will move into a role as chief innovation officer and named Chris Brennan as the new head of the online retail search engine developer. More >>

NZ dollar gains as Glencore reassurance lifts commodities

Wednesday, 30 September 2015, 8:42 am | BusinessDesk

Sept. 30 (BusinessDesk) - The New Zealand dollar gained after Swiss mining group Glencore hosed down concerns over its debt load, which boosted commodities and currencies sensitive to movements in raw material prices. More >>

While you were sleeping: Valuations fluctuate

Wednesday, 30 September 2015, 8:03 am | BusinessDesk

Sept. 30 (BusinessDesk) - Wall Street was mixed as investors found value in some beaten-down stocks including biotech shares, even as concern lingered about the global economic outlook. More >>

Infratil to exit Z Energy holding in sale with NZ Super

Tuesday, 29 September 2015, 6:12 pm | BusinessDesk

Sept. 29 (BusinessDesk) - Infratil and the New Zealand Superannuation Fund will sell almost one third of Z Energy in a coordinated sale, rounding out a profitable five-year investment in the former Shell petrol station assets that were spruced up and listed ... More >>

MARKET CLOSE: NZ shares fall in global sell off; Spark drops

Tuesday, 29 September 2015, 5:34 pm | BusinessDesk

Sept. 29 (BusinessDesk) - New Zealand shares fell in a global sell off amid fears that China's economic growth is slowing. Spark New Zealand, MightyRiverPower and Australia & New Zealand Banking Group were among decliners. More >>

NZ dollar falls on weaker commodity prices, falling stocks

Tuesday, 29 September 2015, 5:12 pm | BusinessDesk

Sept. 29 (BusinessDesk) - The New Zealand dollar extended its decline in local trading as weaker commodity prices weighed on currencies linked to the production and export of raw materials. More >>

UPDATE: Knauf, Fletcher return to court over Batts dispute

Tuesday, 29 September 2015, 4:38 pm | BusinessDesk

Sept. 29 (BusinessDesk) - Knauf, the German building materials firm, and Fletcher Building, New Zealand's dominant building supplies company, have returned to court for a cross appeal, the latest instalment of their long-running dispute over the ... More >>

GCSB willing to extend cyber-attack programme to local ISPs

Tuesday, 29 September 2015, 4:23 pm | BusinessDesk

Sept. 29 (BusinessDesk) - The Government Communications Security Bureau's 'Cortex' cyber-security programme has been successful in helping identify and mitigate a series of cyber attacks since its introduction and an extension to cover local internet ... More >>

Mykris sells assets to become cashed-up 'listing' shell

Tuesday, 29 September 2015, 4:18 pm | BusinessDesk

Sept. 29 (BusinessDesk) - Shareholders of Mykris Limited, the NZAX-listed, Malaysian managed internet services specialist, have approved what effectively amounts to a management buy-out of the assets that will leave the company as a cashed-up shell ... More >>

CNN buys NZ-made Altus drone for aerial news-gathering trial

Tuesday, 29 September 2015, 3:43 pm | BusinessDesk

Sept. 29 (BusinessDesk) - Time Warner's CNN news channel has bought an unmanned aerial vehicle (UAV) from Napier-based Altus Unmanned Aerial Solutions as part of a trial of aerial news gathering under a US Federal Aviation Administration programme. More >>

New Talisman seeks legal advice after investor no-show

Tuesday, 29 September 2015, 3:03 pm | BusinessDesk

New Talisman seeks legal advice after no-show by Chinese investor who was to buy up to 25% More >>

Comvita appoints chief operating officer Coulter as new CEO

Tuesday, 29 September 2015, 2:34 pm | BusinessDesk

Sept. 29 (BusinessDesk) - Comvita, the manuka honey products maker, has tapped chief operating officer Scott Coulter to replace outgoing chief executive Brett Hewlett, taking over the task of more than doubling annual sales over the next five years. More >>

Carter Holt IPO shelved in face of uncertain global markets

Tuesday, 29 September 2015, 2:32 pm | BusinessDesk

Sept. 29 (BusinessDesk) - Carter Holt Harvey, owned by Kiwi billionaire Graeme Hart's Rank Group, has shelved plans for an initial public offering of shares in its Carters building supplies business, citing uncertainty in equity markets. More >>

FX firm Excelsior Markets appeals FMA deregistion

Tuesday, 29 September 2015, 2:01 pm | BusinessDesk

Sept. 29 (BusinessDesk) - Excelsior Markets, an Auckland-based online foreign exchange trading company, is appealing a decision by the Financial Markets Authority to deregister it one day after the successful appeal of another firm, Vivier & Co. More >>