Latest news - Page 624
MARKET CLOSE: NZ shares fall with oil; OceanaGold, Fletcher slip; Air NZ gains
Wed, 17th Dec 2014
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nzx
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air new zealand
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wall street
New Zealand shares joined in a global sell off, led by OceanaGold Corp and Fletcher Building, as investors were spooked by a falling oil price.
RESEND: MARKET CLOSE: NZ shares rise; Spark, Argosy gain on yield hunger
Wed, 17th Dec 2014
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chorus
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nzx
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wynyard group
New Zealand shares rose, paced by Argosy Property and Spark New Zealand, as investors sought safer equities in globally choppy markets.
NZ dollar pares gain ahead of Fed meeting
Wed, 17th Dec 2014
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new zealand dollar
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us federal reserve
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nz dollar
The New Zealand dollar pared overnight gains in local trading as investors look to the outcome, tomorrow morning, local time, of the last US Federa.
Chorus credit rating outlook upgraded to 'stable'
Wed, 17th Dec 2014
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uc
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chorus
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commerce commission
Chorus, the telecommunications network operator, has been given some breathing room from Moody's Investors Service, which has upgraded the outlook.
Kiwi IT solutions provider to grow revenue by 200%
Wed, 17th Dec 2014
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uc
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contact centre
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origin it
Kiwi tech firm Origin forecasts a 200% revenue growth as global demand for their local IT solutions soars, planning to expand its team.
FMA leaves civil claim against SCF to Crown Asset Management
Wed, 17th Dec 2014
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government
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financial markets authority
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serious fraud office
The Financial Markets Authority won't chase South Canterbury Finance in a civil claim, saying it can't justify the cost of doing so and leaving it.
Microsoft Ventures partners with Lightning Lab for 2015 programme
Wed, 17th Dec 2014
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microsoft
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lightning lab
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microsoft ventures
In 2015 Microsoft Ventures is again partnering with Lightning Lab to provide start-ups with tools needed to bring ventures to market.
ACCC appeals Air NZ, PT Garuda win in Australian cartel case
Wed, 17th Dec 2014
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air new zealand
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lawsuit
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shares
The Australian Competition and Consumer Commission is appealing am Australian Federal Court ruling clearing carriers Air New Zealand and PT Garuda.
Harmoney challenges traditional finance market
Wed, 17th Dec 2014
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crowdfunding
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peer-to-peer lending
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harmoney
Harmoney, NZ's first peer-to-peer lender, shakes up the finance sector by linking borrowers directly with investors, promising lower costs.
Postie to launch new brands, tapping South African owner's supply chain
Wed, 17th Dec 2014
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supply chain
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postie
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banking
Postie, the retail chain bought out of administration by South African retailer Pepkor, is betting on its new owner's economies of scale to boost s.
NZ dollar gains as Russian rate hike, upbeat European data sap greenback
Wed, 17th Dec 2014
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar gained in volatile markets after Russian policymakers hiked interest rates to shore up a tumbling ruble and European data be.
NZ dollar little changed ahead of Fonterra milk auction
Tue, 16th Dec 2014
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new zealand dollar
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inflation
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nz dollar
The New Zealand dollar was little changed ahead of the next GlobalDairyTrade auction, the first since dairy exporter Fonterra Cooperative Group sla.
Buller loses bid to claw back interest on $4 million from Brightwater over escarpment plans
Tue, 16th Dec 2014
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financing
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shares
Buller Coal, the would-be Denniston Plateau coal miner owned by Bathurst Resources, has lost an application in the High Court to claim interest on.
How SMBs can use Twitter to effectively target customers
Tue, 16th Dec 2014
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social media
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twitter
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smb
Access to Twitter ads allows New Zealand businesses to build tailor-made campaigns to suit their budget and meet objectives and business goals.
NZ dairy herd rises to record 6.7M as sheep flock falls to 29.6M
Tue, 16th Dec 2014
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trade
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exports
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money management
The nation's dairy herd rose 4 percent in the latest year, extending the long-term trend that has seen milk become the dominant farm product.
Comvita shareholders exercise 5.6M of 6.9M rights on offer, triggering shortfall bookbuild
Tue, 16th Dec 2014
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trade
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exports
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money management
The Te Puke-based maker of health products based on manuka honey aimed to raise $24.4 million in the offer at $3.55 apiece.
Vodafone NZ appoints expat Mark Aue as new CFO after de la Feunte returns to Spain
Tue, 16th Dec 2014
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uc
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chorus
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telstraclear
Vodafone New Zealand, the country's biggest mobile phone operator, has appointed expatriate Mark Aue as its new chief financial officer, replacing.
MRP to quit Chilean, German geothermal investments, sticks with US plant
Tue, 16th Dec 2014
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stock market
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private equity
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partners
MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will quit its geothermal investments in Chile.
Tower talks down impact of Supreme Court valuation ruling
Tue, 16th Dec 2014
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shares
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investment
Tower, the insurer which sold its health, life, and investment units to focus on general insurance, has talked down yesterday's Supreme Court rulin.
Kiwi VMob expands into Japan and US markets
Mon, 15th Dec 2014
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vmob
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nzte
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partners
Co-investment from New Zealand Trade and Enterprise (NZTE) spread over three years will help VMob expand into these markets.