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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 738]
MARKET CLOSE: NZ shares follow Chinese market lower
Tuesday, 15 September 2015, 5:32 pm | BusinessDesk
MARKET CLOSE: NZ shares follow Chinese market lower as investors eye Fed; Steel & Tube falls More >>
NZ dollar slips to 3-week low vs. Aussie dollar
Tuesday, 15 September 2015, 5:17 pm | BusinessDesk
NZ dollar slips to 3-week low vs. Australian dollar on leadership change, rates differential More >>
Opponents to Chinese bid for Silver Fern push local option
Tuesday, 15 September 2015, 4:27 pm | BusinessDesk
Sept. 15 (BusinessDesk) - Opponents of a deal to sell half of Silver Fern Farms to China's state-owned Bright Foods, increasing the dominance of New Zealand’s largest meat processor while leaving it debt-free, say they'll continue to push for a locally ... More >>
Farm prices hold up; MyFarm eyeing dairy opportunities
Tuesday, 15 September 2015, 3:21 pm | BusinessDesk
Sept. 15 (BusinessDesk) - Farm prices are holding up well on a drop in volume over the winter months, according to the latest Real Estate Institute of New Zealand rural farm sales data. More >>
High Court considers defendant's fitness to stand trial
Tuesday, 15 September 2015, 3:14 pm | BusinessDesk
High Court considers defendant's fitness to stand trial in case with broad suppression order More >>
Silver Fern Farms says new Chinese JV a game changer
Tuesday, 15 September 2015, 12:45 pm | BusinessDesk
Silver Fern Farms says 50/50 joint venture with Shanghai Maling an industry game changer More >>
Fulton Hogan FY profit rises 9.7% on Christchurch, Auckland
Tuesday, 15 September 2015, 12:15 pm | BusinessDesk
Fulton Hogan FY profit rises 9.7% as Christchurch, Auckland activity makes up for slower Australia More >>
NZ trade policy 'pivots' to EU and Latin America
Tuesday, 15 September 2015, 12:15 pm | BusinessDesk
NZ trade policy 'pivots' to EU and Latin America; India, Gulf States now 'long term' goals More >>
Bright Foods unit to buy 50% of Silver Fern, inject $261M
Tuesday, 15 September 2015, 10:54 am | BusinessDesk
Sept. 15 (BusinessDesk) - Shanghai Maling Aquarius, a listed subsidiary of Chinese state-owned Bright Foods, will acquire 50 percent of Silver Fern Farms in a deal that will see it inject $261 million into New Zealand’s biggest meat exporter, More >>
Regulator OKs Fonterra's 2014/15 milk price
Tuesday, 15 September 2015, 10:49 am | BusinessDesk
Regulator OKs Fonterra's 2014/15 milk price, interest free loans under scrutiny in next review More >>
Young kiwi inventors to launch mobile app measuring UV rays
Tuesday, 15 September 2015, 8:53 am | BusinessDesk
Sept. 14 (BusinessDesk) - A Kiwi startup will launch a mobile app this summer that allows consumers to measure UV levels and whether they need to apply sunscreen. More >>
NZ dollar edges up before FOMC, falls vs. Australian dollar
Tuesday, 15 September 2015, 8:43 am | BusinessDesk
Sept. 15 (BusinessDesk) - The New Zealand dollar followed its trans-Tasman counterpart higher after Australia's currency got a boost by Malcolm Turnbull's successful challenge of the country's leadership, as traders continue to shy away from taking firm positions ... More >>
While you were sleeping: Stocks slide before Fed
Tuesday, 15 September 2015, 7:48 am | BusinessDesk
Sept. 15 (BusinessDesk) - Wall Street moved lower amid further evidence of China’s slowing economic growth, underpinning uncertainty ahead of this week’s gathering of US Federal Reserve policy makers. More >>
NZ dollar little changed as Fed decision, dairy auction loom
Monday, 14 September 2015, 5:08 pm | BusinessDesk
Sept. 14 (BusinessDesk) - The New Zealand dollar was little changed in local trading as the Federal Reserve's policy review looms large in investors' minds, and as the latest dairy auction is poised to show another increase in milk prices. More >>
Westland Milk says redundancies likely in bid to cut costs
Monday, 14 September 2015, 5:02 pm | BusinessDesk
Sept. 14 (BusinessDesk) - Westland Milk says it will probably lay off workers to cut costs as the country's second-biggest dairy cooperative adjusts to the global slump in dairy prices. More >>
NBR Rich Lister Steve Outrim's tips for entrepreneurs
Monday, 14 September 2015, 4:43 pm | BusinessDesk
Sept. 14 (BusinessDesk) - Kiwi-born Steve Outrim, estimated by the NBR Rich List to have an $85 million fortune, had a number of tips for kiwi businessmen when addressing the annual Morgo conference for entrepreneurs. More >>
Dotcom et al lose bid to further delay extradition hearing
Monday, 14 September 2015, 4:07 pm | BusinessDesk
Sept. 14 (BusinessDesk) - Kim Dotcom and his fellow Megaupload co-accused have failed in a bid to delay next week's extradition hearing, with the Appeal Court deciding it was an "impossible decision" for its bench to make. More >>
Dotcom et al lose bid to further delay extradition hearing
Monday, 14 September 2015, 4:06 pm | BusinessDesk
Sept. 14 (BusinessDesk) - Kim Dotcom and his fellow Megaupload co-accused have failed in a bid to delay next week's extradition hearing, with the Appeal Court deciding it was an "impossible decision" for its bench to make. More >>
Turners seeks almost 20% of MTF to cement relationship
Monday, 14 September 2015, 2:38 pm | BusinessDesk
Sept. 14 (BusinessDesk) - Turners, the company formerly known as Dorchester Pacific, is offering to lift its holding in Motor Trade Finances to almost 20 percent by buying shares at a premium, a move it says would reflect the business relationship between ... More >>
P2P lender Harmoney racks up $100 m in loans in first year
Monday, 14 September 2015, 2:25 pm | BusinessDesk
Peer to peer lender Harmoney racks up $100 million in loans in first year; faces competition More >>
