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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 741]
Kiwi rises as commodities, share market gains stoke appetite
Wednesday, 9 September 2015, 5:07 pm | BusinessDesk
Sept. 9 (BusinessDesk) - The New Zealand dollar rose along with other so-called commodity currencies, on optimism China has managed to arrest a slide in its stock market, helping drive a global rally in equities and prices of commodities. More >>
NZ equity crowdfunding market may be headed for shakeout
Wednesday, 9 September 2015, 12:05 pm | BusinessDesk
Sept. 9 (BusinessDesk) - New Zealand's nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations. More >>
Diligent appoints Michael Stanton as CFO
Wednesday, 9 September 2015, 11:43 am | BusinessDesk
Sept. 9 (BusinessDesk) - Diligent Corp, the governance software developer, appointed a permanent chief financial officer as it recovers from a string of errors in filing its financial statements. More >>
Chch Airport more than doubled annual profit, dividends
Wednesday, 9 September 2015, 10:15 am | BusinessDesk
Sept. 9 (BusinessDesk) - Christchurch International Airport, which is 75 percent owned by the city council, more than doubled full-year profit and lifted dividends for the year, including a special payment from proceeds of a property sale. More >>
Fonterra confirms coal mine at Mangatangi is on hold
Wednesday, 9 September 2015, 9:46 am | BusinessDesk
Sept. 9 (BusinessDesk) - Fonterra Cooperative Group, the country’s largest milk processor, has confirmed it has put on hold a proposed coal mine at Mangatangi while it assesses its energy options. More >>
NZ dollar rises after Chinese equity gains boost optimism
Wednesday, 9 September 2015, 8:59 am | BusinessDesk
Sept. 9 (BusinessDesk) - The New Zealand dollar rose after a gain in Chinese equities boosted optimism, pushing global sharemarkets and commodities higher. More >>
While you were sleeping: China sparks global rally
Wednesday, 9 September 2015, 7:34 am | BusinessDesk
Sept. 9 (BusinessDesk) - Shares on both sides of the Atlantic moved higher, triggered in part by a late surge in Chinese equities, amid optimism China’s government will act to support its flagging economy. More >>
Caldera Health asks men to help prove prostate test
Tuesday, 8 September 2015, 6:02 pm | BusinessDesk
Caldera Health asks men to give biopsy samples to help prove up prostate cancer test More >>
MARKET CLOSE: NZ shares rise on yield hunt; Spark, AIA up
Tuesday, 8 September 2015, 5:33 pm | BusinessDesk
Sept. 8 (BusinessDesk) - New Zealand shares rose on demand for income-paying stocks ahead of this week's expected interest rate cut by the Reserve Bank. Spark New Zealand led stocks higher, as Auckland International Airport and Mainfreight gained. More >>
NZ dollar gains after Australian business conditions lift
Tuesday, 8 September 2015, 5:26 pm | BusinessDesk
Sept. 8 (BusinessDesk) - The New Zealand dollar rose ahead of the Reserve Bank's statement on Thursday and after an Australian survey showed improving business conditions even while business confidence fell, giving traders more confidence economic growth ... More >>
Government to review tax rules on closely held companies
Tuesday, 8 September 2015, 3:44 pm | BusinessDesk
Sept. 8 (BusinessDesk) - The government is moving to tighten and simplify tax rules for closely held companies of five or fewer shareholders, one of most common vehicles used in New Zealand, and to simplify rules for non-corporate shareholders to receive ... More >>
Smartpay forecasts second year of earnings decline
Tuesday, 8 September 2015, 3:11 pm | BusinessDesk
Sept. 8 (BusinessDesk) - Smartpay Holdings, the listed payment terminal supplier, expects earnings to decline for a second year as it rebuilds its Australian taxi business after losing a key customer. More >>
UPDATE: Kim Dotcom et al seek further delay to extradition
Tuesday, 8 September 2015, 2:58 pm | BusinessDesk
Sept. 8 (BusinessDesk) - Kim Dotcom and his fellow Megaupload co-accused have again sought to delay their extradition fight with the US, claiming natural justice has been denied as they're unable to pay for expert witnesses outside New Zealand. More >>
Shake up ahead for mobile and online content providers
Tuesday, 8 September 2015, 1:27 pm | BusinessDesk
Sept. 8 (BusinessDesk) - New Zealand's government has commenced the biggest review of the telecommunications and broadcasting markets since the advent of the internet with today's release by Communications and Broadcasting Minister Amy Adams of a discussion ... More >>
Shake up ahead for mobile and online content providers
Tuesday, 8 September 2015, 1:26 pm | BusinessDesk
Sept. 8 (BusinessDesk) - New Zealand's government has commenced the biggest review of the telecommunications and broadcasting markets since the advent of the internet with today's release by Communications and Broadcasting Minister Amy Adams of a discussion ... More >>
AGL sells 50% of Macarthur windfarm to Morrison & Co
Tuesday, 8 September 2015, 12:28 pm | BusinessDesk
Sept. 8 (BusinessDesk) - AGL Energy, Australia's largest listed renewable energy company, is better placed to return capital to shareholders after completing the sale of its 50 percent stake in the 420 megawatt Macarthur Wind Farm to HRL Morrison ... More >>
AsureQuality 2015 profit drops 9% on increased investment
Tuesday, 8 September 2015, 11:53 am | BusinessDesk
AsureQuality posts 9% drop in 2015 profit on increased investment, sees further decline in 2016 More >>
Kim Dotcom et al seek further delay to extradition
Tuesday, 8 September 2015, 11:51 am | BusinessDesk
Sept. 8 (BusinessDesk) - Kim Dotcom and his fellow Megaupload co-accused have again sought to delay their extradition fight with the US, claiming natural justice has been denied as they're unable to pay for expert witnesses outside New Zealand. More >>
NZ manufacturing sales volumes fall 0.2% in second quarter
Tuesday, 8 September 2015, 11:50 am | BusinessDesk
NZ manufacturing sales volumes fall 0.2% in second quarter on petroleum, coal, meat, dairy More >>
RIS Group shares halted pending announcement
Tuesday, 8 September 2015, 10:48 am | BusinessDesk
RIS Group, a shell company listed on the NZAX, had its shares halted pending an announcement by the company. More >>
