Monday, 24 November 2014

Business News

  • More visitors holidaying in New Zealand

    10:56 | 24/11/14
    The number of overseas visitors arriving on holiday (98,100) to New Zealand increased 14 percent in October 2014 compared with October 2013, Statistics New Zealand said today. The number of visitor arrivals to New Zealand in total for October 2014 (210,600) ... more»
  • Precinct sells SAP tower to Bob Jones for $97 million

    10:55 | 24/11/14
    Nov. 24 (BusinessDesk) - Precinct Properties New Zealand, formerly known as AMP NZ Office, has sold its SAP Tower in Auckland to property mogul Bob Jones for $97 million, $1.4 million above its book value. more»
  • Acurity lifts 1H earnings 22% on more DHB work, cost cuts

    10:49 | 24/11/14
    Nov. 24 (BusinessDesk) - Acurity Health Group, the hospital operator set to be taken private by its three biggest shareholders, lifted first-half by profit 22 percent after increasing revenue from district health board work, and continued to clamp ... more»
  • RIS releases overdue annual report, tagged by auditor

    10:41 | 24/11/14
    Nov. 24 (BusinessDesk) - Shares of RIS Group have resumed trading after the NZAX-listed shell company lodged its overdue annual report, which has been tagged by its auditors and shows it may need to raise more funds to avoid administration. more»
  • Scales full-year earnings may exceed prospectus forecast

    09:29 | 24/11/14
    Nov. 24 (BusinessDesk) - Scales Corp, the fruit and vegetable logistics company, will pay a 3 cent per share interim dividend and says annual earnings may beat guidance in its prospectus. more»
  • Dairy Awards Entries Close in One Week

    09:07 | 24/11/14
    The New Zealand Dairy Trainee of the Year competition is again attracting strong interest with more than 200 entered so far in the popular nationwide contest. All entries in the 2015 New Zealand Dairy Industry Awards – including the dairy trainee, ... more»
  • NZ dollar slips after jumping on Draghi, Chinese rate cut

    08:58 | 24/11/14
    Nov. 24 (BusinessDesk) - The New Zealand dollar fell from its New York highs at the end of last week, having jumped against the greenback after China unexpectedly cut interest rates and European Central Bank President Mario Draghi pledged to whatever ... more»
  • World Week Ahead: Stocks power higher

    08:03 | 24/11/14
    Nov. 24 (BusinessDesk) - Wall Street begins a holiday-shortened week at record highs as investors eye a meeting of the world’s top oil exporters to see whether they will curb production amid an extended slump in the commodity’s price.  more»
  • Cliff Richard to sue BBC over raid coverage

    06:37 | 24/11/14
  • Dutch complete MH17 wreckage recovery

    05:50 | 24/11/14
    Dutch experts have completed the recovery of wreckage from the crash site of downed Malaysia Airlines flight MH17 in eastern Ukraine.  more»
  • Do you have the right insurance?

    05:00 | 24/11/14
    An insurance company's refusal to pay for an Auckland woman's stolen goods has sparked warnings your cover may not be all that it seems.  more»
  • Blue Barrier Hits the Spot

    15:58 | 23/11/14
    Wellington house-painter Terry Archer has made the transition from houses to apartment blocks thanks to his expertise with a brilliant new American product called Blue Barrier, which is ‘breathable’ when applied up to a millimetre thick like paint, ... more»
  • Investors back Prime Range Meats’ growth plan

    14:18 | 23/11/14
    Invercargill New Zealand November 21 2014: In a move that will see Prime Range Meats firmly hooked into its own secure supply chain into China, Lianhua Trading Group is increasing its shareholding from 24.9% to 75%. The move has been approved by the ... more»
  • Swiss politician visits NZ

    07:25 | 23/11/14
    The State secretary for Economic Affairs of Switzerland arrives in New Zealand today, looking at a chocolate factory and dairy factory owned by Fonterra.  more»
  • Light plane crashes in Southland

    05:07 | 23/11/14
    One person has serious injuries and others have been treated at the scene of a light plane crash in Southland.  more»
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