Friday, 18 May 2012

Business News

  • While you were sleeping: Flight to quality intensifies

    07:43 | 18/5/12
    Scoop
    May 18 (BusinessDesk) - Investors are running for the hills by opting for the relative safety of the fixed-income securities deemed safest as the turmoil in Europe continues, fanning the fire of concern over the risk of a euro break-up. more»

  • Final Bridgecorp directors to be sentenced

    05:19 | 18/5/12
    3News
    Two more Bridgecorp directors face the possibility of prison terms when they appear for sentencing on Friday on charges of misleading investors.  more»

  • BNZ Weekly Overview

    18:28 | 17/5/12
    Scoop
    Apart from Germany surprising with 0.5% growth during the March quarter there is very little positive news coming out of Europe and it seems just a matter of time and another general election in a few weeks before the Greeks leave the Euro and ... more»

  • IG Markets - Afternoon Thoughts

    18:19 | 17/5/12
    Scoop
    Across Asia, markets are mixed as investors are caught between bargain hunting after the recent sell-off, and staying on the sidelines following a loss of confidence. In US trade, markets extended their losses after having traded in positive territory ... more»

  • MARKET CLOSE: NZ shares rise on Ryman’s record profit

    17:36 | 17/5/12
    Scoop
    May 17 (BusinessDesk) – New Zealand shares rose, led by Ryman Healthcare, after the retirement village operator posted record earnings. Briscoe Group rose after the retailer said it will pay a special dividend while Rakon fell after posting a ... more»

  • NZ dollar pares drop as Fed minutes renew prospects of QE3

    17:35 | 17/5/12
    Scoop
    May 17 (BusinessDesk) - The New Zealand dollar pared losses in local trading as tremors over Greece's potential exit from the euro-zone settled down, and the minutes from the latest US Federal Reserve meeting showed policymakers may be prepared to further ... more»

  • dine by Peter Gordon welcomes new Head Chef Nick Haszard

    16:37 | 17/5/12
    Scoop
    Peter Gordon’s fusion cuisine restaurant, dine by Peter Gordon located on Federal Street at SKYCITY Auckland is pleased to welcome Nick Hazard to the, dine by Peter Gordon family as Head Chef. more»

  • Family evicted by airport in state of shock

    16:36 | 17/5/12
    3News
    A Wellington family told to pack up their lives and vacate their airport-side home are in a state of shock.  more»

  • Who are our killer exporters?

    16:32 | 17/5/12
    Scoop
    Finalists have been selected for the five categories in the BNZ Bay of Plenty ExportNZ Awards 2012. ExportNZ BOP Executive Officer Angela Wallace says ‘there is already a buzz surrounding this year’s awards, with tickets selling out within 48 hours’ ... more»

  • PGC's Torchlight sells down Heartland stake in $4.9M sale

    16:06 | 17/5/12
    Scoop
    May 17 (BusinessDesk) - Pyne Gould Corp subsidiary Torchlight Securities sold down its stake in lender Heartland New Zealand for $4.9 million in an on-market sale yesterday.  more»

  • Aussie departure tax hike a 'cash grab'

    16:05 | 17/5/12
    3News
    The Australian government's move to hike its departure tax has been labelled a cash grab.  more»

  • Eight unlawful workers arrested in Northland

    15:57 | 17/5/12
    Scoop
    Eight unlawful seasonal workers have been detained by Immigration New Zealand (INZ) in Northland following a joint operation with the New Zealand Police. INZ Compliance Officers found the eight workers as part of enquiries into the alleged unlawful employment ... more»

  • Regulator tools too blunt for web-TV convergence: Quickflix

    15:46 | 17/5/12
    Scoop
    May 17 (BusinessDesk) - The Commerce Commission's tools are too blunt to deal with the growing convergence between telecommunications companies and broadcasters, and an independent regulator would be a better option for the sector, according to ASX-listed ... more»

  • Going Digital welcomes price guide on costs to go digital

    15:40 | 17/5/12
    Scoop
    An investigation by Consumer magazine into the costs to go digital shows that it pays to shop around. Consumer magazine looked at the costs for purchasing and installing a UHF aerial or satellite dish and the install costs for a set-top box. more»

  • Botany Town Centre Retailer Specsavers: Andy Willmott

    15:37 | 17/5/12
    Scoop
    Whether it’s through running marathons or serving his customers, co-owner of Specsavers Botany Town Centre Andy Willmott has a vision – to help people regain theirs.  more»
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