Wednesday, 26 April 2017

Business News

  • Confident TAG Oil commits C$27.4M to capex in 2017/18

    12:54 | 20/4/17
    April 20 (BusinessDesk) - Vancouver-based onshore Taranaki oil and gas explorer and producer TAG Oil is forging ahead with capital expenditure of C$27.4 million of exploration, production and work-over projects, with another C$8.4 million available if farm-in ... more»
  • Restaurant Brands annual profit rise 7.8%

    12:53 | 20/4/17
    April 20 (BusinessDesk) - Restaurant Brands New Zealand, the fast food operator, lifted annual profit 7.8 percent as its local KFC business generated record sales, bolstered by the recently acquired Australian KFC business, allowing directors to ... more»
  • Substantial opportunities for women seeking tech jobs

    12:42 | 20/4/17
    Substantial opportunities for women seeking tech jobs April 20, 2017 Computer programming jobs have previously struggled to attract women, but new technologies are providing substantial opportunities for a growing number of young girls seeking tech jobs, ... more»
  • Mercury nudges up earnings guidance

    12:06 | 20/4/17
    April 20 (BusinessDesk) - Mercury Energy, the electricity generator-retailer formerly known as MightyRiverPower, increased annual earnings guidance 2 percent as unseasonably strong inflows in the Waikato catchment lifted the power company's hydro generation. more»
  • New Finance Minister to meet Kapiti businesses

    12:04 | 20/4/17
    Hon Steven Joyce will make his first visit to Kapiti as Finance Minister next week to speak to Kapitin based businesses, ahead of his first Budget in May.  more»
  • ENERGY STAR retires

    12:01 | 20/4/17
    The ENERGY STAR label, which gives consumers a guide to appliances with superior energy efficiency, is going to be retired by the end of this year.  more»
  • NZ dollar falls as weaker commodity prices weigh

    11:42 | 20/4/17
    April 20 (BusinessDesk) - The New Zealand dollar fell as weaker commodity prices sapped demand for currencies linked to primary production and ahead of local figures expected to show consumer prices rose at their fastest annual pace in more than five ... more»
  • NZ Q1 Consumer Price Inflation Release

    11:27 | 20/4/17
    The NZ Consumer Price Index (CPI) for Q1 has just been released. The CPI came in higher than expected . NZ CPI Q1/Annual: Headline Q1 CPI +1.0% / +2.2% Consensus 0.9% / +2.1% Non-tradables CPI +1.0% / +2.5% versus previous quarter Tradables CPI ... more»
  • Annual inflation highest in over five years

    10:56 | 20/4/17
    The consumers price index (CPI) increased 2.2 percent in the year to the March 2017 quarter, Stats NZ said today. This is the highest annual increase since the September 2011 quarter, the last quarter affected by the rise in GST from 12.5 to 15 percent. more»
  • New products set to wow at TRENZ 2017

    10:38 | 20/4/17
    A world first extreme adventure activity, operators taking visitors off the beaten track and an upscale hotel returning to Christchurch are amongst the new tourism products that will be on show at TRENZ 2017. more»
  • Abano Commences Legal Action to Recoup Takeover Costs

    10:19 | 20/4/17
    Abano Healthcare Group Limited (NZX: ABA) advises that it has today commenced legal proceedings in the High Court to seek reimbursement of approximately $566,000 in unpaid costs in relation to the failed hostile partial takeover attempt by Healthcare ... more»
  • $30m investment in kiwifruit will boost Maori economy

    10:04 | 20/4/17
    Te Tumu Paeroa, in partnership with Quayside Holdings, today announced a $30m investment programme to build 10 kiwifruit orchards on Maori land in the Bay of Plenty and Gisborne over the next 18 months. more»
  • New Zealand Racing Board Boosts Funding to Industry by $24 m

    10:00 | 20/4/17
    The New Zealand Racing Board (NZRB) will provide an additional $24 million over the coming two years to increase stakes and enhance participation and investment in the racing industry. more»
  • 2017 starts with solid growth prospects for small businesses

    09:55 | 20/4/17
    The first quarter of 2017 has seen the strongest growth outlook for small business in two years according to ANZ’s Business Micro Scope survey. While headline confidence for small businesses eased in the March quarter, other key indicators, which are ... more»
  • ARANZ Geo Extends Reach into New Challenges

    09:48 | 20/4/17
    CHRISTCHURCH, NZ – 20 April, 2017 – ARANZ Geo is extending its global influence into new areas to contribute geological understanding to the management of some of the earth’s significant environmental and climate change driven challenges. more»
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