Scoop has an Ethical Paywall
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 835]
NZ Dollar Outlook: Traders split on kiwi direction
Monday, 23 March 2015, 12:48 pm | BusinessDesk
March 23 (BusinessDesk) - The New Zealand dollar has recently been at the mercy of US dollar volatility and analysts are split on what direction it may take this week. More >>
UPDATE: 2degrees buys Snap to enter landline market
Monday, 23 March 2015, 11:06 am | BusinessDesk
March 23 (BusinessDesk) - 2degrees, the challenger mobile phone company, has announced it is buying Christchurch-based internet service provider Snap Internet for an undisclosed sum as part of a move into the landline market. More >>
Auckland Airport international passenger numbers rise 5.4%
Monday, 23 March 2015, 11:02 am | BusinessDesk
March 23 (BusinessDesk) - Auckland International Airport said international passenger numbers through New Zealand's busiest gateway rose 5.4 percent last month, as the later timing of Chinese New Year led to a surge in travellers from China. More >>
NZ lamb wool prices fall from 4-year high
Monday, 23 March 2015, 10:21 am | BusinessDesk
NZ lamb wool prices fall from 4-year high as higher kiwi makes local wool more costly More >>
2degrees acquires Snap ISP for complete business offering
Monday, 23 March 2015, 10:15 am | BusinessDesk
March 23 (BusinessDesk) - 2Degrees, New Zealand's third-largest mobile telecommunications provider, is to acquire Christchurch-based internet service provider, Snap, to allow it to compete more effectively for business customers by offering a full range of ... More >>
NZ consumer confidence gains in March quarter
Monday, 23 March 2015, 10:13 am | BusinessDesk
March 23 (BusinessDesk) - New Zealand consumer confidence rose in the first three months of the year, as Kiwis enjoyed cheaper fuel prices and lower fixed home-loan rates, and became more upbeat about the near-term outlook for the economy. More >>
Pumpkin Patch says nothing certain on proposals
Monday, 23 March 2015, 9:43 am | BusinessDesk
March 23 (BusinessDesk) - Pumpkin Patch, whose shares soared on Friday after the children's clothing retailer announced it was seeking proposals to acquire or refinance the company, said today that it was too soon to predict an outcome or what value ... More >>
NZ dollar sets new records against Aussie, euro
Monday, 23 March 2015, 8:38 am | BusinessDesk
March 23 (BusinessDesk) - The New Zealand dollar set new records against the euro and the Australian dollar as investors sold the greenback on concern the US may hike interest rates later than previously expected. More >>
World Week Ahead: Equities to extend rally
Monday, 23 March 2015, 7:49 am | BusinessDesk
March 23 (BusinessDesk) - A flurry of US economic data including on housing, manufacturing, inflation and GDP will help determine bets on the timing of a Federal Reserve interest rate increase. More >>
MARKET CLOSE: NZ shares rise led by Pacific Edge
Friday, 20 March 2015, 5:36 pm | BusinessDesk
March 20 (BusinessDesk) - New Zealand shares rose, paced by Property For Industry, Kiwi Property Group and Goodman Property Trust as investor appetite for yield returned. Pacific Edge led the benchmark index higher after it secured further patents. More >>
NZ dollar heads for 1.5% weekly gain on cautious Fed
Friday, 20 March 2015, 5:25 pm | BusinessDesk
NZ dollar heads for 1.5% weekly gain after Fed's more cautious outlook on US economy More >>
RESEND: 63% of Warehouse permanent staff now on career wage
Friday, 20 March 2015, 2:23 pm | BusinessDesk
March 20 (BusinessDesk) - Mark Powell, chief executive of retailer Warehouse Group, says he hopes to eventually see someone promoted to his role that started out in the Red Shirts in Schools programme as a 16 year old. More >>
Warehouse says 63% of permanent staff now on 'career wage'
Friday, 20 March 2015, 1:46 pm | BusinessDesk
Warehouse says 63% of permanent staff now on 'career retailer wage' that would be template for other industries More >>
NZ consumer confidence edges up in March
Friday, 20 March 2015, 1:32 pm | BusinessDesk
March 20 (BusinessDesk) - New Zealand consumer confidence edged up in March with both current and future measures increasing. More >>
NZ migration hits new record in February year
Friday, 20 March 2015, 12:10 pm | BusinessDesk
March 20 (BusinessDesk) - New Zealand's migration hit a new record in the year through February, driven by more arrivals and fewer departures. More >>
UPDATE: Pumpkin Patch seeks proposals after approaches
Friday, 20 March 2015, 11:20 am | BusinessDesk
March 20 (BusinessDesk) - Pumpkin Patch, the children's clothing retailer whose shares have lost two-thirds of their value the past year, is seeking formal proposals after receiving approaches to buy or refinance the company. The shares rose 26 percent. More >>
Pumpkin Patch seeks proposals after approaches to buy firm
Friday, 20 March 2015, 10:08 am | BusinessDesk
March 20 (BusinessDesk) - Pumpkin Patch, the children's clothing retailer whose shares have lost two-thirds of their value the past year, is seeking formal proposals after receiving approaches to buy or refinance the company. The shares rose 14 percent. More >>
NZ dollar slides as traders buy back US dollar after Fed
Friday, 20 March 2015, 8:55 am | BusinessDesk
March 20 (BusinessDesk) - The New Zealand dollar slid along with other major currencies against the US dollar, as investors bought back the greenback after selling it following a more cautious outlook from the Federal Reserve. More >>
Start-up Petromac develops device to guides oil well probes
Friday, 20 March 2015, 8:07 am | BusinessDesk
March 19 (BusinessDesk) - Petromac, a company started last year by Auckland-based petrophysicist Stephen McCormick, has developed a disruptive technology that allows oil and gas companies to get better data from wireline logging of oil wells. More >>
While you were sleeping: US dollar rebounds
Friday, 20 March 2015, 7:29 am | BusinessDesk
March 20 (BusinessDesk) - Wall Street declined, while the US dollar regained its footing following Wednesday’s tumble, as investors reposition in the wake of the Federal Reserve’s latest comments on interest rates. More >>
