Business News

Wednesday, 19 June 2013

Business News

MediaWorks’ lenders in box seat, Ironbridge out in the cold
23:43 | 16/6/13

NBR
The proposed deal will see assets transferred to a new entity owned by the senior lenders, who have pledged to take on all 1400 staff and pay all suppliers. more»
Consumer confidence jumps to highest in three years
23:40 | 16/6/13

NBR
June index buoyed by improving economic prospects, rising house values, low interest rates and falling prices. more»
McGeoch to head new MediaWorks company
21:30 | 16/6/13

NBR
Former Sky City chairman Rod McGeoch has confirmed he will chair a new company that intends to buy the businesses of MediaWorks NZ. more»
MediaWorks in receivership
21:02 | 16/6/13

NBR
Private equity owner Ironbridge Capital will place MediaWorks in receivership today. more»
Economy likely grew 0.6% in Q1 on construction, manufacturing
19:30 | 16/6/13

NBR
First-quarter growth "largely reflects the effects of the drought and Canterbury earthquake rebuilding". more»
Groser: Chinese infant formula a gold rush
14:02 | 16/6/13

3News
Trade Minister Tim Groser has likened demand for infant formula in China to a gold rush and he says NZ is at the centre of it. more»
New Zealand needs to lift its game in China - Groser
02:02 | 16/6/13

NBR
Trade Minister points to recent problems. PLUS: The baby formula "gold rush." more»
Little brother more of a threat to privacy
01:39 | 16/6/13

NBR
“Google is free, and the reason why it’s free is that they extract information and sell it on to their advertisers.” more»
Norman: I wouldn’t have gone to the SkyCity corporate box
01:27 | 16/6/13

NBR
Top Labour MPs' decision to watch the rugby from a SkyCity corporate box was an error of judgement, says their potential coalition partner. more»
Dame Susan may step on Peters
01:13 | 16/6/13

NBR
Race Relations Commissioner Dame Susan Devoy says she may step in if Winston Peters continues to ‘stigmatise one population to his own benefit.’ more»
Changes to snapper quota in popular recreational fishing areas
18:04 | 15/6/13

3News
The Ministry of Fisheries will begin assessing possible changes to snapper regulations next month. more»
Logging ship left in limbo
15:13 | 15/6/13

3News
The future of a South Korean logging ship detained in Poverty Bay is up in the air. more»
NZ treating infant formula issue seriously
13:32 | 15/6/13

3News
New Zealand is working hard to register its infant formula brands as Chinese officials push for assurances on food safety. more»
HSBC’s Respected Steel Says Gold Over $1,600/oz In 2013
12:36 | 15/6/13

Scoop
Today’s AM fix was USD 1,379.75, EUR 1,035.54 and GBP 882.76 per ounce. Yesterday’s AM fix was USD 1,386.25, EUR 1,039.71 and GBP 885.33 per ounce. more»
Prime Minister choppers in for a glimpse of Fieldays action
09:21 | 15/6/13

Scoop
Visitors swarmed around exhibitors sites, demonstrations and competitions today, day three of Fieldays with 38,782 marching though the gates from 8am. more»

Global Indices

Code	Last	Change
NZ50	4,447	15	0.34%
COMP	3,482	30	0.87%
DJI	15,318	138	0.91%
SP500	1,652	13	0.78%
DAX	7,789	91	1.15%
FTSE	6,374	44	0.69%
NI225	12,494	22	0.18%
TWI	73.90	0.01	0.01%

Code	Last	Change
EURUSD	1.340	0.001	0.07%
NZDUSD	0.7978	0.0000	0.00%
AUDUSD	0.9454	0.0016	0.17%
NZDAUD	0.8435	0.0006	0.07%


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