Thursday, 18 January 2018

Business News

  • Ex-Pat Kiwi home to helm Domain Name Commission Limited

    13:37 | 14/1/18
    The Chair and Board of the Domain Name Commission are pleased to announce Brent Carey as the incoming Domain Name Commissioner to lead the Domain Name Commission into a new phase after the Organisational Review of the InternetNZ group during 2017. more»
  • MARKET CLOSE: NZ shares down, F&P Health and Pushpay drop

    20:36 | 12/1/18
    Jan. 12 (BusinessDesk) - New Zealand shares dipped, led lower by Fisher & Paykel Healthcare and Pushpay Holdings, albeit in light volume as market participants return slowly. more»
  • NZ dollar heads for 1.2% weekly gain as greenback hit

    20:26 | 12/1/18
    Jan. 12 (BusinessDesk) - The New Zealand dollar is heading for a 1.2 percent weekly, pushing higher against a slumping greenback after minutes from the European Central Bank's December meeting boosted investor expectations it is planning to end its massive ... more»
  • ANZ Bank deal to sell UDC Finance to HNA not proceeding

    18:21 | 12/1/18
    Jan. 12 (BusinessDesk) - ANZ Bank New Zealand said an agreement to sell UDC Finance to Chinese conglomerate HNA Group for $660 million has terminated after the application was declined by the Overseas Investment Office in December.  more»
  • SFO looking at Waitangi Trust financial irregularities

    18:19 | 12/1/18
    Jan. 12 (BusinessDesk) - The Serious Fraud Office is investigating the Waitangi National Trust after the discovery of "financial irregularities" at the Waitangi Treaty Grounds administrator.  more»
  • Michael Hill lifts 1H sales

    16:31 | 12/1/18
    Jan. 12 (BusinessDesk) - Michael Hill International, the jewellery retailer founded by its namesake, lifted revenue 4.7 percent in the first half, though its US business continued to struggle. more»
  • NZONE owner Experience Co suspends Queenstown operations

    16:28 | 12/1/18
    Jan. 12 (BusinessDesk) - Australian adventure tourism operator Experience Co shares fell 9.4 percent after suspending its Queenstown operations after the Wednesday skydiving incident left a US man missing and presumed drowned.  more»
  • Rubicon shareholders give green light for sale of Tenon

    16:26 | 12/1/18
    Jan. 12 (BusinessDesk) - Shareholders have voted in favour of Rubicon's proposal to sell a 45 percent stake in Tenon Clearwood Partnership, a large clearwood sawmill and manufacturing operation in Taupo. more»
  • Body massages and Uber are in, DVDs are out, says Stats NZ

    15:24 | 12/1/18
    Jan. 12 (BusinessDesk) - Statistics New Zealand has rejigged the consumers price index basket in its latest three-year review, adding body massages, Airbnb and Uber and removing DVD and Blu-Ray players. more»
  • Polycom Reveals Five Collaboration Drivers

    15:09 | 12/1/18
    Polycom’s top five collaboration predictions impacting business in 2018: • Cloud Brings Need for Interoperability • User Experience and Ease of Adoption Reigns Supreme • Smarter Meeting Rooms Powered by Artificial Intelligence and Bots • ... more»
  • UDC sale to HNA not proceeding

    14:55 | 12/1/18
    ANZ today announced the agreement to sell UDC Finance to HNA Group will not proceed as the agreement with HNA has now been terminated in accordance with the contracted timeframe. more»
  • NZ residential building permits jump in November

    14:42 | 12/1/18
    NZ residential building permits jump in November as apartments make up for shrinking house consents  more»
  • Mycoplasma bovis testing to be extended nationwide from Feb

    14:35 | 12/1/18
    Jan. 12 (BusinessDesk) - The Ministry for Primary Industries (MPI) and its dairy industry partners will extend the Mycoplasma bovis milk testing underway in Canterbury, Otago and Southland into a national milk surveillance programme from February. more»
  • Geeks on Wheels SOLD

    12:11 | 12/1/18
    Matthew Carr-Gomm – the founder of Geeks on Wheels (New Zealand) announces the nationwide business has been sold to Seaview Enterprises Limited, with new owner Matt Woolston taking over as CEO. more»
  • PGG Wrightson's Independent directors to keep tabs on Agria

    11:55 | 12/1/18
    Jan. 12 (BusinessDesk) - PGG Wrighston's independent directors have reconvened a committee to monitor the Overseas Investment Office's review of controlling shareholder Agria Corp's 'good character' status.  more»
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