Saturday, 21 January 2017

Business News

  • Fonterra, LIC to launch online farm performance tool

    16:34 | 12/1/17
    Jan. 12 (BusinessDesk) –  Fonterra Cooperative Group and Livestock Improvement Corporation, both farmer-owned cooperatives, are set to launch a new online farm performance tool in mid-February called Agrigate. more»
  • NZ commodity prices rise for eighth month, buoyed by dairy

    16:33 | 12/1/17
    Jan. 12 (BusinessDesk) – New Zealand commodity prices rose in December, the eighth consecutive monthly gain, as dairy prices continued to improve.  more»
  • Scenic Hotel Group introduces ‘Kids’ Choice’ healthy meals

    15:34 | 12/1/17
    The Scenic Hotel Group has become the first hotel group to adopt the Heart Foundation’s new Kids’ Choice programme, providing healthier menus for children.  more»
  • Comvita expects to realise $30M from sale of Medihoney

    14:34 | 12/1/17
    Jan. 12 (BusinessDesk) - Comvita, the manuka honey products company, has sold its Medihoney brand to US partner Derma Sciences for about $19 million, and will reap a further $11 million selling Derma shares in a takeover offer of the Nasdaq-listed ... more»
  • Using the accommodation boom to capture the tourism dollar

    14:12 | 12/1/17
    Owning a motel can make excellent lifestyle and economic sense, for those who enjoy meeting a diversity of people and taking pride in running a ship-shape venture.  more»
  • Property values drop in parts of NZ as the LVR takes effect

    13:36 | 12/1/17
    The latest monthly QV House Price Index shows that nationwide residential property values for December increased 12.5% over the past year. Values rose by 1.3% over the past three months and are now 51.5% above the previous market peak of late 2007. ... more»
  • Destination Marlborough General Manager Steps Down

    12:46 | 12/1/17
    The General Manager of Destination Marlborough, Tracy Johnston, has announced her resignation.  more»
  • Fairfax NZ posts first annual loss in four years in 2016

    12:20 | 12/1/17
    Jan. 12 (BusinessDesk) - Fairfax New Zealand posted its first annual loss in four years as it wrote off than $100 million from the value of its mastheads and buildings and more than doubled its bill to pay out redundancies in 2016, all while resuming ... more»
  • Fujitsu Enables Workplace Transformation for Gvt Agencies

    12:03 | 12/1/17
    Statistics New Zealand, the government agency tasked with collecting information about New Zealand’s economy and population, is undergoing a significant transformation. From an agency that periodically collected statistics to a provider of vast amounts ... more»
  • NZ dollar touches month-high

    11:41 | 12/1/17
    Jan. 12 (BusinessDesk) - The New Zealand dollar hit a month-high as investors were disappointed US president-elect Donald Trump didn't provide much detail on his spending programme in his first press conference, prompting a sell-off in the greenback. more»
  • Fonterra & LIC Set to Release Farm Performance System

    11:05 | 12/1/17
    Fonterra and Livestock Improvement Corporation (LIC) are in the final stages of developing an online tool, Agrigate, designed specifically to help farmers improve their farm performance through the use of their existing data. more»
  • Provincial property market heats up while Auckland cools

    09:53 | 12/1/17
    Provincial property market heats up while Auckland cools What we’re seeing - Auckland’s property market is cooling while the regions appear to be taking off - Excluding the three major cities provincial property prices have risen $336,950 (37.9%) in ... more»
  • ASX-listed infant formula maker Bellamy's shares plunge

    08:43 | 12/1/17
    Jan 11 (BusinessDesk) - Bellamy’s Australia shares took a nose dive after it cut its profit forecast for a second time, announced chief executive Laura McBain is leaving the company, and tweaked the terms of its supply contract with Fonterra Cooperative ... more»
  • Pushpay in talks with large US vendors over product offering

    08:39 | 12/1/17
    Jan. 11 (BusinessDesk) - Pushpay Holdings says it's moving up the value chain and is in talks with large US vendors about its expanded product offering, after confirming it's on track to reach US$72 million in annualised committed monthly revenue (ACMR) ... more»
  • NZ dollar continues drop against Aussie dollar

    08:37 | 12/1/17
    Jan. 11 (BusinessDesk) - The New Zealand dollar traded at its lowest level against the Australian dollar since November, and has fallen more than 2 percent since the start of 2017 as it broke out of a key trading range.  more»
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