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 968]
NZ dollar sinks further as air crash, Gaza sap risk appetite
Friday, 18 July 2014, 8:59 am | BusinessDesk
July 18 (BusinessDesk) - The New Zealand dollar extended its slide as the crash of a Malaysian passenger jet in rebel-held Ukraine and a ground offensive in Gaza sapped risk appetite worldwide, although the kiwi’s decline was limited by uncertainty ... More >>
While you were sleeping: Malaysia Air crash spooks markets
Friday, 18 July 2014, 7:39 am | BusinessDesk
July 18 (BusinessDesk) - Wall Street declined, while US Treasuries and gold rose, after reports that a Malaysian passenger jet with 295 people on board had been shot down over Ukraine. More >>
MARKET CLOSE: NZ shares fall led by growth stocks
Thursday, 17 July 2014, 6:10 pm | BusinessDesk
MARKET CLOSE: NZ shares fall led by growth stocks; Xero drops to 9-month low More >>
NZ dollar trades below 87 US cts as rate hike bets slow
Thursday, 17 July 2014, 5:26 pm | BusinessDesk
NZ dollar trades below 87 US cts amid speculation on slower pace of rate hikes More >>
BusinessDesk to deepen coverage of commercial innovation
Thursday, 17 July 2014, 4:00 pm | BusinessDesk
New Zealand’s independent business news service, BusinessDesk, is to deepen its coverage of commercial innovation with assistance from Callaghan Innovation. More >>
ASX-listed ERM Power not involved in Infratil's Lumo sale
Thursday, 17 July 2014, 3:44 pm | BusinessDesk
July 17 (BusinessDesk) - ERM Power, the ASX-listed energy company, isn't in the running to buy Infratil's energy assets across the Tasman. More >>
Kiwi likely to fall as economic growth peaks: AMP Capital
Thursday, 17 July 2014, 3:02 pm | BusinessDesk
July 17 (BusinessDesk) - AMP Capital New Zealand, which manages more than $18 billion of assets, is betting the kiwi dollar will fall as economic growth passes its peak and the nation's interest rate premium narrows as other central banks wind down their ... More >>
Lincoln University rebuild green-lit
Thursday, 17 July 2014, 2:56 pm | BusinessDesk
July 17 (BusinessDesk) - The government is committing $107.5 million to rebuilding science teaching and research facilities destroyed at Lincoln University during the Canterbury earthquakes, as part of a broader plan to create a science research and ... More >>
NZ consumer confidence rises for second month
Thursday, 17 July 2014, 1:58 pm | BusinessDesk
July 17 (BusinessDesk) - New Zealand consumer confidence extended last month's rebound from a six-month low, edging higher in July, supported by an improving labour market and the impact of a high kiwi dollar on import prices. More >>
Vista shares priced at $2.35, raising $40 mln fresh capital
Thursday, 17 July 2014, 1:00 pm | BusinessDesk
Jul. 17 (BusinessDesk) - Shares of Vista Group International will sell for $2.35, towards the lower end of the indicated price range, as the cinema software developer and film distribution company looks to raise up to $40 million of new capital in ... More >>
SLI plunges to lowest since listing as investors eye IPOs
Thursday, 17 July 2014, 11:38 am | BusinessDesk
SLI Systems plunges to lowest since listing as investors look to next round of IPOs More >>
Kotahi deal helps Tauranga win Maersk's Southern Star slot
Thursday, 17 July 2014, 9:41 am | BusinessDesk
July 17 (BusinessDesk) - Port of Tauranga will bolster annual container volumes by 8 percent to 10 percent after its deal with the Fonterra Cooperative Group and Silver Fern Farms-led logistics company Kotahi led to it winning a slot in Maersk's Southern ... More >>
NZ dollar holds near 87 US cts as RBNZ 'pauses' mulled
Thursday, 17 July 2014, 8:58 am | BusinessDesk
July 17 (BusinessDesk) - The New Zealand dollar held near 87 US cents, having shed more than 1 US cent yesterday, as traders mulled the prospects of a pause in the Reserve Bank's tightening cycle given milder-than-expected inflation, weak dairy ... More >>
Kirkcaldie to sell Harbour City property in single sale
Thursday, 17 July 2014, 8:23 am | BusinessDesk
July 17 (BusinessDesk) - Upmarket Wellington retailer Kirkcaldie & Stains says both the front and rear buildings of its Harbour City Centre property will be sold in a single sale and purchase agreement, rather than separately. The stock climbed ... More >>
While you were sleeping: Intel shares jump on outlook
Thursday, 17 July 2014, 7:20 am | BusinessDesk
July 17 (BusinessDesk) - Wall Street rose, lifting the Dow to a fresh record, after Intel posted better-than-expected earnings and Rupert Murdoch’s 21st Century Fox made an unsolicited bid to buy Time Warner. More >>
MARKET CLOSE: NZ stocks fall amid investor uncertainty
Wednesday, 16 July 2014, 5:46 pm | BusinessDesk
July 16 (BusinessDesk) - New Zealand stocks edged lower as uncertainty around stock valuations ahead of reporting season and the outcome of September's general election weighed on investors. Contact Energy, Meridian Energy and Vector fell. Port of Tauranga ... More >>
NZ dollar tumbles on weak dairy prices, benign inflation
Wednesday, 16 July 2014, 5:20 pm | BusinessDesk
Jul. 16 (BusinessDesk) - The New Zealand dollar tumbled on speculation a slump in dairy prices and inflation data that’s weaker than expected will give the Reserve Bank more room to pause in its interest rate tightening cycle. More >>
Army of 10,000 overseeing outdated and poorly written regs
Wednesday, 16 July 2014, 4:57 pm | BusinessDesk
July 16 (BusinessDesk) - A 10,000-strong army of bureaucrats is administering as many as 200 different regulatory regimes which often overlap, are outdated, poorly written, or inadequately reviewed before being implemented, says the Productivity ... More >>
Frucor drops dividend in 2013 as profit gains
Wednesday, 16 July 2014, 2:07 pm | BusinessDesk
July 16 (BusinessDesk) - Frucor Beverages won't pay a dividend to its Japanese parent for the first time since drinks giant Suntory Holdings bought the New Zealand bottler of Gatorade, V, Just Juice, h2go and Pepsi soft drinks in 2009. More >>
Dotcom's Baboom eyes up to A$8.5 mln of new capital in 2014
Wednesday, 16 July 2014, 1:52 pm | BusinessDesk
Dotcom's Baboom eyes up to A$8.5 mln of new capital this year More >>
