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Independent, Trustworthy New Zealand Business News
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BusinessDesk - Latest News [Page 78]
Vector appoints three new directors
Tuesday, 16 April 2019, 3:27 pm | BusinessDesk
April 16 (BusinessDesk) - Vector has at last found replacements for three of its directors ousted last year amid turmoil within its 75.1 percent shareholder, Entrust. More >>
Slump in number of China passenger arrivals through Auckland
Tuesday, 16 April 2019, 3:05 pm | BusinessDesk
Slump in number of China passenger arrivals through Auckland Airport, down 1.8% past year More >>
Eroad accelerates US growth
Tuesday, 16 April 2019, 12:50 pm | BusinessDesk
April 16 (BusinessDesk) - Logistics and fleet management technology company Eroad expanded fourth-quarter sales volumes at an accelerated pace and says it expects to continue growing at a similar rate as in the year ended March. More >>
Restaurant Brands cans final dividend to fund growth plans
Tuesday, 16 April 2019, 12:49 pm | BusinessDesk
April 16 (BusinessDesk) - Restaurant Brands New Zealand won't pay a final dividend after lifting annual earnings 3.3 percent, saying it wants to retain cash for a record capital spending programme that includes the roll-out of 60 Taco Bell stores across ... More >>
RBNZ shouldn't protect consumers say former governors
Tuesday, 16 April 2019, 12:06 pm | BusinessDesk
April 16 (BusinessDesk) - Three former Reserve Bank governors don’t think consumer protection should be added to the central bank’s objectives. More >>
NZ dollar holds gains; Wednesday's CPI in focus
Tuesday, 16 April 2019, 11:08 am | BusinessDesk
April 16 (BusinessDesk) - The New Zealand dollar continues to hold its gains as optimism over the US-China trade talks supports risk appetite. More >>
MARKET CLOSE: NZ shares gain as US earnings buoy confidence
Monday, 15 April 2019, 9:32 pm | BusinessDesk
April 15 (BusinessDesk) - New Zealand shares followed Wall Street higher as better than expected US company earnings buoyed investor confidence. Local growth stocks, including A2 Milk and Fisher & Paykel Healthcare, gained. More >>
FMA alleges market manipulation by Oceania Natural directors
Monday, 15 April 2019, 9:30 pm | BusinessDesk
April 15 (BusinessDesk) - Three directors of Oceania Natural, a marketer of Manuka honey products and noni juice, are among four individuals facing legal action from the Financial Markets Authority. More >>
NZ dollar gains against most currencies
Monday, 15 April 2019, 8:15 pm | BusinessDesk
April 15 (BusinessDesk) - The New Zealand dollar was steady against the US dollar and slightly higher against other major currencies on the back of rising equities and commodity markets. More >>
Govt signs off its first ‘well-being’ Budget
Monday, 15 April 2019, 7:50 pm | BusinessDesk
April 15 (BusinessDesk) - The government’s first Budget based on a new ‘well-being’ focus for policy-making was signed off at today’s Cabinet meeting, for delivery on May 30. More >>
Queenstown Airport plans for 13% lift in winter capacity
Monday, 15 April 2019, 4:41 pm | BusinessDesk
April 15 (BusinessDesk) - Queenstown Airport is forecasting a 13 percent increase in flight capacity through its peak winter period. More >>
Decline in Chinese tourists weighs on accommodation numbers
Monday, 15 April 2019, 3:01 pm | BusinessDesk
April 15 (BusinessDesk) - The steep decline in Chinese visitors in February weighed on the accommodation sector, with fewer international guest nights booked for the third straight month. More >>
Service sector growth at lowest level since 2012
Monday, 15 April 2019, 2:04 pm | BusinessDesk
April 15 (BusinessDesk) - New Zealand’s services sector activity grew at its slowest pace in more than six years in March, potentially signalling a slowdown in the domestic economy. More >>
CORRECT: Vital manager and trustee refuse to answer on fees
Monday, 15 April 2019, 2:03 pm | BusinessDesk
April 15 (BusinessDesk) - Both Vital Healthcare Property Trust’s trustee and its manager have refused to answer questions about what authority the manager had to charge Vital for various fees. More >>
Wrightson board rings in a changing of the guard
Monday, 15 April 2019, 12:42 pm | BusinessDesk
April 15 (BusinessDesk) - PGG Wrightson's board will go through a major reshuffle at the end of the month with David Cushing among the incoming directors. More >>
NZD benefits from positive China data
Monday, 15 April 2019, 11:53 am | BusinessDesk
April 15 (BusinessDesk) - The New Zealand dollar was trading higher as a strong lift in China's exports and lending data and positive news from US-China trade talks helped ease concerns about a global slowdown. More >>
Will improving global data reverse central bank dovishness?
Monday, 15 April 2019, 11:52 am | BusinessDesk
April 15 (BusinessDesk) - Recent global data and figures due out this week aren't exactly backing the suddenly dovish stance of a number of central banks, including the United States' Federal Reserve and New Zealand's own Reserve Bank. More >>
PREVIEW: NZ 1Q CPI tipped to rise 0.3%
Monday, 15 April 2019, 11:50 am | BusinessDesk
April 15 (BusinessDesk) - Economists expect inflation remained tepid in the March quarter but are on the fence as to whether it will be enough to spur a May rate cut by the central bank. More >>
ANALYSIS: Vital Healthcare and fees
Monday, 15 April 2019, 11:49 am | BusinessDesk
April 15 (BusinessDesk) - Both Vital Healthcare Property Trust’s trustee and its manager have refused to answer questions about what authority the manager had to charge Vital for various fees. More >>
New accord seeks behaviour change in construction sector
Sunday, 14 April 2019, 5:08 pm | BusinessDesk
April 14 (BusinessDesk) - Government and industry leaders have unveiled a new Construction Industry Accord that seeks to change the destructive commercial behaviours that have seen major firms struggle and collapse in the middle of a building boom. More >>
