Saturday, 25 March 2017

Business News

  • Entrepreneurs to gain insights into NZ food and beverage

    09:58 | 22/3/17
    Top Southeast Asian food and beverage business leaders and entrepreneurs will speak at this month’s New Zealand Food Summit as part of a programme run by the Asia New Zealand Foundation. more»
  • Rewards on every room as Air New Zealand and Expedia team up

    09:52 | 22/3/17
    22 March 2017 Rewards on every room as Air New Zealand and Expedia team up  more»
  • Fonterra Announces 2017 Interim Results

    09:23 | 22/3/17
    Fonterra ended the first half of its 2017 financial year with revenue up 5% on the same period last year, and net profit after tax up 2%.  more»
  • Petroleum Conference Protest Disappointing but Expected

    09:18 | 22/3/17
    The Petroleum Exploration and Production Association of New Zealand (PEPANZ) says it is disappointed protestors are attempting to disrupt the 2017 New Zealand Petroleum Conference, but their actions were not unexpected and had been planned for. more»
  • Skipton International shortlisted for Moneyfacts Award

    09:01 | 22/3/17
    Skipton International has been shortlisted in the 2017 Moneyfacts Awards for Best Offshore Account Provider.  more»
  • HiFX Morning Update, March 22 2017

    08:43 | 22/3/17
    Following a 6.3% decline and with the futures pointing to yet another fall in global dairy prices this morning’ auction surprised the market by increasing by 1.7% to $3,101 a tonne. Whole milk powder prices increased by 2.9% and volume spiked by 10% ... more»
  • US$75M funding boost for Rocket Lab

    08:09 | 22/3/17
    Aerospace company Rocket Lab today announced it had secured further funding of US$75 million. The funding was led by venture capital firm Data Collective, with additional investment from Promus Ventures. Rocket Lab also attracted reinvestment from Bessemer ... more»
  • NZ shares rise as Fletcher lifts from slump

    08:07 | 22/3/17
    March 21 (BusinessDesk) - New Zealand shares rose as Fletcher Building made up some ground after yesterday's downgrade-induced slump, while A2 Milk and Goodman Property Trust gained. Fonterra Shareholders' Fund fell ahead of its first-half results tomorrow. more»
  • Huawei to invest $400 mln in New Zealand to drive R&D

    08:06 | 22/3/17
    March 21 (BusinessDesk) - Chinese telecommunications group Huawei Technologies will spend $400 million over the next five years to help drive local research and development and support the construction of a cloud data centre. more»
  • Downer mounts A$1.2 billion takeover for Spotless Group

    07:45 | 22/3/17
    March 21 (BusinessDesk) - Downer EDI has launched a A$1.26 billion takeover bid for ASX-listed outsourced laundry and cleaning services firm Spotless Group as the Australian-based infrastructure and mining firm looks to expand its operations as a vertically integrated ... more»
  • Second Fairfax NZ senior manager jumps ship

    05:41 | 22/3/17
    March 21 (BusinessDesk) - Fairfax Media New Zealand has lost a second senior manager, with the company's chief marketing officer leaving the company for a job with insurer Suncorp shortly before chief executive Simon Tong announced his resignation on March ... more»
  • Pacific Edge gets two-year extension to Callaghan grant

    05:39 | 22/3/17
    March 21 (BusinessDesk) - Pacific Edge has won a two-year extension to its Callaghan Innovation research grant to fund the development of its Cxbladder diagnostic suite of products for bladder cancer detection. more»
  • NZ dollar gains vs Aussie as RBA wary on housing

    05:37 | 22/3/17
    March 21 (BusinessDesk) - The New Zealand dollar gained against the Australian dollar after Australia's central bank warned of growing risks in the housing market in its latest minutes.  more»
  • Constraints in construction sector driving price escalation

    05:35 | 22/3/17
    March 21 (BusinessDesk) - Capacity constraints in Auckland's construction sector have been driving up building costs by more than four times the rate of inflation in recent years, eroding margins for companies locked into fixed-price contracts more»
  • NZ needs more science, more trees, fewer beasts

    05:26 | 22/3/17
    March 21 (BusinessDesk) - A combination of technology breakthroughs, much more plantation forestry, and a big switch away from pastoral, particularly dairy farming, are identified as the key elements of any approach New Zealand takes to reducing its carbon emissions ... more»
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