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Businesswire - Latest News [Page 3]
Low hydo, geothermal outage, Origin costs hit Contact
Monday, 7 December 2015, 11:43 am | Businesswire
Dec. 7 (BusinessDesk) - Contact Energy's operational performance for November was worse than expected, leading the company to warn its full year operating earnings are not expected to be much different from last year's. More >>
NZ dollar rises as traders pare bets on greenback
Monday, 7 December 2015, 8:51 am | Businesswire
Dec. 7 (BusinessDesk) - The New Zealand dollar jumped to a five-week high even as US jobs data cemented bets for the Federal Reserve to raise interest rates next week, as traders predict the hike was already priced in and turned their attention to the ... More >>
Lack of inflation, higher kiwi suggest RBNZ rate cut
Friday, 4 December 2015, 5:20 pm | Businesswire
Lack of inflation, higher kiwi suggest RBNZ rate cut next week, may be low point of cycle More >>
NZ commodity prices fall in November, led by weak dairy
Friday, 4 December 2015, 1:32 pm | Businesswire
Dec. 4 (BusinessDesk) - New Zealand commodity prices fell in November, led lower by weak dairy prices. More >>
Michael Hill takes new founder president role
Friday, 4 December 2015, 12:55 pm | Businesswire
Dec. 4 (BusinessDesk) - Michael Hill, founder of the jewellery chain of the same name, has been appointed to a new role of founder president. More >>
NZ dollar slumps vs. euro after ECB stimulus expectations
Friday, 4 December 2015, 8:36 am | Businesswire
Dec. 4 (BusinessDesk) - The New Zealand dollar slumped against the euro after the European Central Bank failed to ease monetary policy as much as expected following its meeting yesterday. More >>
Callaghan's new grants criteria includes reputation clause
Thursday, 3 December 2015, 6:19 pm | Businesswire
Dec. 3 (BusinessDesk) - Callaghan Innovation, the government’s research and development funding agency, has changed its eligibility criteria including a new clause stating that applicants must not bring the organisation’s R&D grants programme “into ... More >>
UPDATE: Enviro Waste fined $450k for trying to fix prices
Thursday, 3 December 2015, 5:28 pm | Businesswire
Dec. 3 (BusinessDesk) - Enviro Waste Services has been fined $425,000 by the High Court in Auckland after a branch manager in Nelson tried to strike a deal on prices with a rival. More >>
Too soon to assume China is source of contaminated berries
Thursday, 3 December 2015, 2:38 pm | Businesswire
Too soon to assume China is source of contaminated frozen berries, MPI officials tell MPs More >>
NZX trading activity increases in November
Thursday, 3 December 2015, 9:23 am | Businesswire
Dec. 3 (BusinessDesk) - The volume and value of trading on New Zealand's stock exchange increased last month as the benchmark S&P/NZX 50 Index touched fresh highs. More >>
NZ dollar declines as Fed's Yellen keeps alive Dec rate hike
Thursday, 3 December 2015, 8:42 am | Businesswire
Dec. 3 (BusinessDesk) - The New Zealand dollar declined as the greenback touched fresh highs after Federal Reserve chair Janet Yellen cemented expectations the central bank is gearing up to lift its target interest rate for the first time since 2009 ... More >>
High Value Nutrition invests in 'next gen' food research
Wednesday, 2 December 2015, 6:09 pm | Businesswire
Dec. 2 (BusinessDesk) - High Value Nutrition, the first and largest of the government’s National Science Challenges, has handed out $7 million in grants to research projects developing the “next generation” of foods ranging from helping babies sleep through ... More >>
NZ dollar hits month high after weaker US data, stronger GDT
Wednesday, 2 December 2015, 8:48 am | Businesswire
Dec. 2 (BusinessDesk) - The New Zealand dollar jumped to a month high after weaker US data and a stronger GlobalDairyTrade auction turned investors off the greenback and into the kiwi and as higher yielding currencies remain in demand. More >>
Australian central bank keeps easing bias in place
Tuesday, 1 December 2015, 5:26 pm | Businesswire
Dec. 1 (BusinessDesk) - The Reserve Bank of Australia kept the cash rate unchanged for a seventh straight month while retaining its easing bias, noting the economy was growing at a moderate pace, keeping inflation under control, in the face of a ... More >>
RBNZ urged to abandon inflation targeting policy by NZIER
Tuesday, 1 December 2015, 4:51 pm | Businesswire
Dec. 1 (BusinessDesk) - The Reserve Bank should abandon targeting inflation because the 25-year-old policy is no longer fit for purpose in the modern economic environment, the New Zealand Institute of Economic Research says. More >>
Delegat forecasts record operating profit, case sales in '16
Tuesday, 1 December 2015, 4:48 pm | Businesswire
Delegat forecasts record operating profit, case sales in 2016 on growth in North America, Asia More >>
Fonterra loses suit brought by former NZ Dairies suppliers
Tuesday, 1 December 2015, 4:11 pm | Businesswire
Fonterra loses legal action brought by former NZ Dairies milk suppliers over inferior supply contracts More >>
NZ dollar advances as investors favour higher yields
Tuesday, 1 December 2015, 8:48 am | Businesswire
Dec. 1 (BusinessDesk) - The New Zealand dollar advanced, stopping shy of 66 US cents, as investors sought higher-yielding currencies in an environment where many central banks are looking to ease policy. More >>
Affco, Meatworkers Union head for mediation
Monday, 30 November 2015, 5:19 pm | Businesswire
Affco, Meatworkers Union head for mediation as meat company prepares to appeal Employment Court ruling More >>
NZ dollar set for action-packed week after Thanksgiving lull
Monday, 30 November 2015, 8:39 am | Businesswire
Nov. 30 (BusinessDesk) - The New Zealand dollar starts the week lower after the US dollar advanced towards the end of last week amid low liquidity with many traders on holiday. More >>
