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BusinessDesk - Latest News [Page 891]

Tony Falkenstein to take over as JWI boss as Ormiston quits

Tuesday, 2 December 2014, 10:34 am | BusinessDesk

Dec. 2 (BusinessDesk) - Tony Falkenstein, founder and majority owner of Just Water International, will take over as head of the water cooler and supplies business after chief executive Ian Ormiston resigned. More >>

UPDATE: Small win for Chorus in Comcom draft decision

Tuesday, 2 December 2014, 9:45 am | BusinessDesk

Dec. 2 (BusinessDesk) - Regulated telecommunications network operator Chorus had a small win in its long-running stoush with the Commerce Commission over the prices it can charge for access to the traditional copper lines network for broadband internet ... More >>

Small win for Chorus in Comcom draft decision on copper loop

Tuesday, 2 December 2014, 9:13 am | BusinessDesk

NZ dollar jumps vs. yen after Moody's cuts Japanese rating

Tuesday, 2 December 2014, 8:48 am | BusinessDesk

Dec. 2 (BusinessDesk) - The New Zealand dollar jumped against the yen after credit ratings agency Moody’s Investors Service cut Japan’s credit rating, More >>

While you were sleeping: China, US shoppers disappoint

Tuesday, 2 December 2014, 7:56 am | BusinessDesk

Dec. 2 (BusinessDesk) - Wall Street fell amid disappointing manufacturing data from China as well as Europe and after a report showed that the start of the US holiday sales season was weaker than expected. More >>

IOD head, William Whitaker, dies suddenly

Monday, 1 December 2014, 5:35 pm | BusinessDesk

Dec. 1 (BusinessDesk) - The recently appointed chief executive of the Institute of Directors, Dr William Whitaker, has died suddenly. More >>

MARKET CLOSE:NZ shares rise; Air NZ climbs on falling oil

Monday, 1 December 2014, 5:31 pm | BusinessDesk

Dec. 1 (BusinessDesk) - New Zealand shares rose, paced by Air New Zealand which gained on the prospect of cheap jet fuel on falling oil prices. New Zealand Oil & Gas fell on the weak oil prices, while OceanaGold Corp dropped on declining gold prices. More >>

NZ dollar falls as US manufacturing data, Fed speakers loom

Monday, 1 December 2014, 5:17 pm | BusinessDesk

Dec. 1 (BusinessDesk) - The New Zealand dollar fell ahead of US manufacturing figures, which are expected to show industrial production is growing in the world's biggest economy, and speeches by two Federal Reserve officials. More >>

NZ set to gain market share in Chinese softwood log market

Monday, 1 December 2014, 2:34 pm | BusinessDesk

Dec. 1 (BusinessDesk) - New Zealand, the largest supplier of softwood logs to China, is likely to continue to gain market share over the next five years, according to an industry report. More >>

NZ terms of trade fall in 3Q, retreating from 40-year high

Monday, 1 December 2014, 11:49 am | BusinessDesk

NZ terms of trade fall 4.4% in third quarter, retreating from 40-year high More >>

Hellaby to pay bigger dividends

Monday, 1 December 2014, 11:46 am | BusinessDesk

Dec. 1 (BusinessDesk) - Hellaby Holdings, the diversified investment firm, has lifted its dividend payout policy after recording strong cash flow and being told by investors that they want more yield. More >>

NZ Dollar Outlook: Kiwi may decline as slide in oil weighs

Monday, 1 December 2014, 11:35 am | BusinessDesk

Dec. 1 (BusinessDesk) - The New Zealand dollar may decline this week as falling oil prices add to concerns about weak inflation, whilst a strengthening US economy drives the greenback higher. More >>

Enprise shares jump as much as 88% in compliance listing

Monday, 1 December 2014, 11:31 am | BusinessDesk

Dec. 1 (BusinessDesk) - Shares of Enprise Group, the software firm, jumped 88 percent in its first trade after it held a compliance listing on the New Zealand Alternative Index. More >>

Finzsoft shares jump to record on 1H profit, dividend plans

Monday, 1 December 2014, 11:00 am | BusinessDesk

Dec. 1 (BusinessDesk) - Shares of Finzsoft Solutions jumped to a record after the financial software developer reported a profitable first half on Friday, and said its board is considering paying an interim dividend for the first time in four years. More >>

Inventory Technologies to use NZF shell for NZX listing

Monday, 1 December 2014, 9:49 am | BusinessDesk

Dec. 1 (BusinessDesk) - Inventory Technologies, the healthcare technology developer, will join the NZX via a reverse listing using the shell of NZF Group, the listed financial services company blocked from liquidating earlier this year by its major ... More >>