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Businesswire - Latest News [Page 31]

Australian dollar nears parity with greenback

Thursday, 7 October 2010, 5:32 pm | Businesswire

Oct. 7 (BusinessDesk) – The Australian dollar surged against the greenback, making parity more likely, and advanced against the kiwi dollar after stronger-than-expected jobs growth stoked expectations interest rates will rise soon. More >>

World Bank contest seeks world-changing 'apps'

Thursday, 7 October 2010, 4:54 pm | Businesswire

Oct. 7 (BusinessDesk) – The World Bank is challenging software application (app) writers all over the globe to write code to “help find solutions to the world’s long-standing problems.” More >>

While you were sleeping: Momentum shifts, again

Thursday, 7 October 2010, 7:39 am | Businesswire

October 7 (BusinessDesk) - Equities on Wall Street declined, a day after sharp gains, as worse-than-expected employment data renewed concern about the U.S. economic recovery. More >>

MARKET CLOSE: NZ stocks join global rally

Wednesday, 6 October 2010, 6:01 pm | Businesswire

Oct. 6 (BusinessDesk) – New Zealand stocks rose for the third time in four sessions, joining a global rally on speculation other central banks would intervene to spur growth following Japan’s decision to cut interest rates. Michael Hill International ... More >>

Talley’s gains control of Affco with 90.5%

Wednesday, 6 October 2010, 5:55 pm | Businesswire

Oct. 6 (BusinessDesk) – The Talley’s family reached an unassailable holding in Affco Holdings, at 90.5%, formalising its position as a leading food manufacturing company for fish, dairy products, vegetables and now meat. More >>

SMELLIE SNIFFS THE BREEZE: Working to rule

Wednesday, 6 October 2010, 4:24 pm | Businesswire

Oct. 6 (BusinessDesk) – Was the row about The Hobbit a historic moment in New Zealand labour relations? It certainly looks like one for anyone attempting to justify a “right wing” labour agenda. More >>

Fonterra milk powder prices slip 1.3%, remain firm

Wednesday, 6 October 2010, 8:16 am | Businesswire

Oct. 6 (BusinessDesk) – Prices slipped 1.3% at Fonterra Cooperative Group’s latest online auction of milk powder, holding near a four-month high and keeping intact one of the pillars of New Zealand’s terms of trade. More >>

While you were sleeping: Stimulus sparks optimism

Wednesday, 6 October 2010, 7:56 am | Businesswire

October 6 (BusinessDesk) - Optimists returned to equity markets in Europe and on Wall Street with a vengeance after the Bank of Japan cut interest rates and opened the door for more easing by other central banks. More >>

While you were sleeping: Bears not hibernating yet

Tuesday, 5 October 2010, 7:28 am | Businesswire

October 5 (BusinessDesk) - The trading week started on a gloomy note, sending shares on Wall Street and in Europe lower again, as economic data kept alive concern the global recovery wasn’t guaranteed yet. More >>

World Week Ahead: Volatility set to return

Monday, 4 October 2010, 7:06 am | Businesswire

October 4 (BusinessDesk) - September proved a far better bet for most investors than history has showed. The reality though is that last month’s advances came with lower than average trading volumes and that’s a concern looking ahead. More >>

While you were sleeping: Glimmers of life in U.S.

Friday, 1 October 2010, 8:13 am | Businesswire

Oct. 1 (BusinessDesk) – American business activity picked up pace in September while initial jobless claims fell last week, reducing speculation that the Federal Reserve will extend its quantitative easing measures. More >>

MARKET CLOSE: NZ stocks follow Aussie market lower

Thursday, 30 September 2010, 6:00 pm | Businesswire

Sept. 30 (BusinessDesk) – New Zealand stocks fell for a third consecutive session, following the Australian market lower as speculation that the Australian dollar may reach parity with the greenback, creating issues for local exporters. Fletcher Building ... More >>