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Businesswire - Latest News [Page 132]
Bids sought to revive Kahili gasfield
Wednesday, 10 February 2010, 4:12 pm | Businesswire
Taranaki’s Kahili gasfield, once choked with water, may be revived as government seeks bids More >>
English expands on tax package parameters
Wednesday, 10 February 2010, 2:00 pm | Businesswire
Feb. 10 (BusinessWire) - Tax threshold changes, a shift to a "bright line" test for the tax treatment of capital gains, and the ring-fencing of rental property losses are all on the table as possible parts of the government's Budget tax package, ... More >>
NZ earnings to reflect slow ‘grind’ out of slump
Wednesday, 10 February 2010, 1:32 pm | Businesswire
Feb. 10 (BusinessWire) – New Zealand’s looming earnings season will likely to reflect a slow “grind” out of the worst recession in 18 years, though the country’s listed corporates should proffer a brighter outlook in the months ahead. More >>
Tax avoidance settlement turns ASB to $10m 1H loss
Wednesday, 10 February 2010, 12:09 pm | Businesswire
Feb. 10 (BusinessWire) - ASB Bank has taken $209 million of a $264 million tax and interest bill from tax avoidance settlements onto its books in the six months ended Dec. 31, the Commonwealth Bank of Australia-owned lender announced today. More >>
NZ electronic card transactions rise for 3rd mth
Wednesday, 10 February 2010, 11:47 am | Businesswire
Feb. 10 (BusinessWire) – New Zealand consumer spending on credit and debit cards rose for a third straight month in January, helped by purchases at petrol stations, underlining the economy’s slow recovery from its slump. More >>
Vector wins $4.6m dispute with BoP Energy
Wednesday, 10 February 2010, 10:51 am | Businesswire
Feb. 10 (BusinessWire) - Vector Ltd., New Zealand’s largest gas pipeline operator, has won a protracted dispute with customer Bay of Plenty Energy over transmission costs, in a Supreme Court decision published today. More >>
Eastern Bay Trust halts Horizon takeover
Wednesday, 10 February 2010, 9:51 am | Businesswire
Feb. 10 (BusinessWire) – Eastern Bay Energy Trust, which owns 77.3% of Horizon Energy Distribution Ltd., has suspended its takeover offer for the remaining shares while it seeks a High Court ruling on its rights under its trust deed. More >>
Stocks to watch: Sky TV, Warehouse, APT, Pike
Wednesday, 10 February 2010, 9:24 am | Businesswire
Feb. 10 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified. More >>
NZ dollar pushes above 69 US cts on Greece relief
Wednesday, 10 February 2010, 9:15 am | Businesswire
Feb. 10 (BusinessWire) – The New Zealand dollar pushed above 69 U.S. cents as investors returned to riskier, or higher-yielding, assets amid speculation the European Union will help rescue Greece from its fiscal woes. More >>
While you were sleeping: Greece relief in sight
Wednesday, 10 February 2010, 7:11 am | Businesswire
Feb. 10 (BusinessWire) - Increasing expectations that the European Union was prepared to bolster Greece helped to propel a rally on Wall Street. More >>
MARKET CLOSE: NZX 50 sinks to 5-mth low; PRC drops
Tuesday, 9 February 2010, 6:04 pm | Businesswire
Feb. 9 (BusinessWire) – New Zealand shares fell for the 16th time in 18 sessions, pushing the NZX 50, as the prospect of further capital raising by Pike River Coal drove the miner down to a nine-month low. More >>
Riddet Institute powers fish oil development
Tuesday, 9 February 2010, 5:10 pm | Businesswire
Feb. 9 (BusinessWire) – The commercialisation of an encapsulated Omega-3 fish oil that is odourless and tasteless is a coup for Massey University’s Riddet Institute, according to its co-director. More >>
Speirs prepares to ramp up fish oil output
Tuesday, 9 February 2010, 5:05 pm | Businesswire
NZ fish-oil encapsulation technology set to ramp up from Speirs Group’s Marton base More >>
Sweet spot’ for stock markets over: AMP Capital
Tuesday, 9 February 2010, 4:24 pm | Businesswire
Sweet spot’ for stock markets over, but still a better bet in 2010: AMP Capital More >>
COMMENT: Will good politics fix broken tax system?
Tuesday, 9 February 2010, 2:35 pm | Businesswire
Feb. 9 (BusinessWire) - Prime Minister John Key is obsessed with two things about the New Zealand economy. One is the fact that productive industry has been shrinking as proportion of the economy for more than five years. More >>
Key takes middle road, whacking home investors
Tuesday, 9 February 2010, 2:33 pm | Businesswire
Feb. 9 (BusinessWire) - There will be no land tax and no tax on imputed rental property income, Prime Minister John Key announced in his scene-setting speech kicking off the parliamentary year, this afternoon. More >>
NZ dairy herd now matches human population
Tuesday, 9 February 2010, 2:20 pm | Businesswire
New Zealand’s dairy herd now matches human population, wine output soars, government figures show More >>
Tower may benefit from regulatory overhaul
Tuesday, 9 February 2010, 1:00 pm | Businesswire
Feb. 9 (BusinessWire) – Tower Ltd. expects changes in regulations for the insurance and financial services industries to be advantageous for its risk insurance and wealth management business, shareholders were told at their annual meeting. More >>
Exclusive: Harbour Asset wins $225m in mandates
Tuesday, 9 February 2010, 12:24 pm | Businesswire
Feb. 9 (BusinessWire) - Start-up fund manager Harbour Asset Management is out of the blocks and running with three mandates worth $225 million awarded in January, just weeks after its formation by the team that managed Alliance Bernstein's former ... More >>
Deutsche Bank looks set to take stake in Craigs
Tuesday, 9 February 2010, 11:54 am | Businesswire
Feb. 9 (BusinessWire) – New Zealand’s wholesale and retail investment banking scene looks set for another shakeup with German lender Deutsche Bank expected to purchase a stake in local share broking firm Craigs Investment Partners. More >>
