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BusinessDesk - Latest News [Page 934]
UPDATE: OPI receiver lashes Crowe Horwath over OPI release
Thursday, 18 September 2014, 2:49 pm | BusinessDesk
Sept. 18 (BusinessDesk) - Accounting firm PwC has taken the rare step of chastising another member of its own industry, ASX-listed Crowe Horwath, for understating by half the value of a settlement reached over the auditing of OPI Finance in the failed ... More >>
Tauranga 'game-changer' to boost Timaru port's 2015 profit
Thursday, 18 September 2014, 2:33 pm | BusinessDesk
Sept. 18 (BusinessDesk) - PrimePort Timaru, the South Island hub which has aligned itself with Port of Tauranga, expects a turnaround in its fortunes as it benefits from its tie up with the country's busiest export port. More >>
Trilogy flags return to profit in first half
Thursday, 18 September 2014, 1:11 pm | BusinessDesk
Sept. 18 (BusinessDesk) - Trilogy International, the skincare and scented candle company, expects to return to profit in the first half of its financial year as Australian sales pick up. More >>
Power companies gain as investors bet on National Party win
Thursday, 18 September 2014, 11:13 am | BusinessDesk
Sept. 18 (BusinessDesk) - Investors in listed power companies appear to be betting the National Party will retain the government benches at Saturday's general election, leaving the sector's existing regulatory structure intact. More >>
NZF flags reverse listing with unidentified business
Thursday, 18 September 2014, 11:11 am | BusinessDesk
Sept. 18 (BusinessDesk) - NZF Group, the financial services company, has entered into a non-binding agreement with an unidentified business for a possible reverse listing, and expects to acquire it by the end of the month. More >>
NZ economy grows 0.7% in 2Q, led by services sector
Thursday, 18 September 2014, 10:54 am | BusinessDesk
NZ economy grows 0.7% in 2Q as surging services make up for weak primary sector More >>
NZ dollar falls to 7-month low as Fed raises 2015 rate view
Thursday, 18 September 2014, 8:37 am | BusinessDesk
Sept. 18 (BusinessDesk) - The New Zealand dollar dropped to a seven-month low after the Federal Reserve raised its expectation for the level of interest rates by the end of next year, boosting the lure of the greenback. More >>
Ex-OPI Finance auditor cuts $6.25 mln deal with receiver
Thursday, 18 September 2014, 8:31 am | BusinessDesk
Sept. 18 (BusinessDesk) - The auditor of failed lender OPI Pacific Finance has cut a $6.25 million deal with the firm's receiver after losing a bid to strike out parts of the case earlier this year. More >>
While you were sleeping: Stocks, greenback rise on Fed
Thursday, 18 September 2014, 7:51 am | BusinessDesk
Sept. 18 (BusinessDesk) - Wall Street advanced, as did the US dollar, after Federal Reserve policy makers kept their pledge to maintain interest rates near zero for a “considerable time” after the end of its monthly bond-buying program. More >>
MARKET CLOSE: NZ shares fall as Spark drops ahead of Fed
Wednesday, 17 September 2014, 5:32 pm | BusinessDesk
Sept. 17 (BusinessDesk) - New Zealand shares fell, paced by Spark New Zealand, as offshore investors sold yield stocks on the prospect the US Federal Reserve may start hiking rates sooner than anticipated, and increasing the returns on offer in the ... More >>
NZ dollar pares gain in lead up to Fed review
Wednesday, 17 September 2014, 5:04 pm | BusinessDesk
NZ dollar pares gain in lead up to Fed review, annual current account deficit narrows More >>
Tait Communications buys Brazilian partner
Wednesday, 17 September 2014, 3:43 pm | BusinessDesk
Sept. 17 (BusinessDesk) - Tait Communications, the Christchurch-based radio communications firm, has bought its long-time Brazilian partner SGM Telecomunicacoes for an undisclosed sum as it looks to beef up its presence in the rapidly growing Latin American economy. More >>
Poll shows Nats extending lead, Labour/Greens fading
Wednesday, 17 September 2014, 3:05 pm | BusinessDesk
Sept. 17 (BusinessDesk) - The last Roy Morgan opinion poll before the general election on Saturday shows the National Party gaining ground in the first fortnight of September, up 1.5 percentage points to 46.5 percent, while both the Labour and Green parties ... More >>
Duco Promotions taps Martin Snedden for new top job
Wednesday, 17 September 2014, 2:57 pm | BusinessDesk
Sept. 17 (BusinessDesk) - Duco Promotions has appointed former head of New Zealand's Rugby World Cup 2011 Martin Snedden as head of the sporting events company as it chases global growth. More >>
Nutricia needs 18 months to recover from botulism scare: CEO
Wednesday, 17 September 2014, 2:46 pm | BusinessDesk
Sept. 17 (BusinessDesk) - Danone Nutricia chief executive Corine Tap said it would take the infant formula manufacturer 18 months to recover from the adverse effects of the Fonterra Cooperative Group botulism scare. More >>
Ryman expands board as veteran director Clements departs
Wednesday, 17 September 2014, 11:55 am | BusinessDesk
Sept. 17 (BusinessDesk) - Ryman Healthcare, the country's biggest listed retirement village operator, is expanding its board with two new hires, as 15-year veteran director Andrew Clements departs. More >>
GCSB's 'Cortex' sought tie-up with ISP
Wednesday, 17 September 2014, 11:26 am | BusinessDesk
Sept. 17 (BusinessDesk) - The Government Communications Security Bureau may expand its 'Project Cortex' to sharing malware-disrupting technology with local internet service providers, according to Cabinet papers declassified by Prime Minister John ... More >>
NZ balance of payments deficit hits cyclical low point
Wednesday, 17 September 2014, 10:54 am | BusinessDesk
Sept. 17 (BusinessDesk) - The annual deficit in New Zealand’s dealings with the rest of the world fell, in line with consensus forecasts, to 2.5 percent of gross domestic product in the year to June 30, hitting what economists expect will prove ... More >>
RESEND: Restaurant Brands 2Q sales rise 5.8%
Wednesday, 17 September 2014, 10:23 am | BusinessDesk
RESEND: Restaurant Brands 2Q sales rise 5.8%, boosted by KFC promotions, Carl's Jr expansion More >>
Restaurant Brands 2Q sales rise, boosted by KFC, Carl's Jr
Wednesday, 17 September 2014, 10:21 am | BusinessDesk
Restaurant Brands 2Q sales rise 5.8%, boosted by KFC promotions, Carl's Jr expansion More >>
