Archive for August, 2010

NZ dollar falls as SCF deadline arrives

Article – Businesswire

Aug. 31 (BusinessDesk) – The New Zealand dollar fell as the deadline arrives for South Canterbury Finance Ltd., which is trying to stave off a collapse which would cost the government some $600 million. Read more »

MARKET CLOSE: NZ stocks rise on offshore sentiment

Article – Businesswire

Aug. 30 (BusinessDesk) – New Zealand stocks rose for the third time in four sessions, following positive sentiment from offshore markets on the back of mildly more positive U.S. GDP data. Australian listed stocks AMP Ltd., Goodman Fielder Ltd., and Westpac … Read more »

Govt liability for South Canterbury is $600M: Key

Article – Businesswire

Aug. 30 (BusinessDesk) – The Crown’s net liability for South Canterbury Finance is about $600 million though the Cabinet is considering other options should the firm fail, Prime Minister John Key says. Read more »

Coal Seam Gas Pilot Programme Gets Underway

Press Release – L and M Energy

Coal seam gas explorer, L&M Energy, expects to know by Christmas the commercial viability of its 173PJ Ohai coal seam gas field. Read more »

NZ Post has best reputation, Telecom has worst

Press Release – AMR Interactive

New Zealand Post has the strongest corporate reputation in the country and Telecom New Zealand has the worst according to the 2010 Corporate Reputation Index[1] of the country’s largest employers. Read more »

Cuddly Cook Annabelle White Working with Bupa

Press Release – Bupa

Serious about their food service Bupa Care Homes have recently partnered with Celebrity Cook Annabelle White and have produced a training DVD which is fronted by Annabelle White and includes cooking tips from the “Cuddly Cook” herself. Read more »

SFO to keep probing Hubbard vehicles

Article – Businesswire

Aug. 30 (BusinessDesk) – The Serious Fraud Office will continue to probe Allan Hubbard’s investment vehicles after completing its preliminary report into Aorangi Securities Ltd. Read more »

NZ business confidence continues to ebb

Article – Businesswire

Aug. 30 (BusinessDesk) – New Zealand business confidence continued to ebb this month, with fewer firms expecting to hire workers, invest more or earn more, according to the National Bank Business Outlook. Read more »

Far North Iwi to receive Maori fisheries assets

Press Release – Te Ohu Kaimoana

Ngati Kuri Iwi in the Far North has been approved as a Mandated Iwi Organisation (MIO) by Te Ohu Kaimoana (Maori Fisheries Trust). Read more »

Allied Farmers gains extension for filing results

Article – Businesswire

Aug. 30 (BusinessDesk) – Allied Farmers Ltd. has gained a two-week extension on filing its annual results after the firm’s Allied Nationwide finance arm was put in receivership. Read more »

Petroleum conference turns spotlight on potential

Press Release – Crown Minerals

Wellington, Monday, August 29 2010 – In a few weeks’ time the biennial New Zealand Petroleum Conference turns the spotlight on how New Zealand can unlock the potential of its burgeoning oil exploration and production industry, which is already one of … Read more »

NZ Dollar Outlook: Kiwi supported at 70 US cts

Article – Businesswire

The New Zealand dollar is finding support at 70 U.S. cents after U.S. Federal Reserve chairman Ben Bernanke stoked investors’ appetite for risk on Friday by saying he would stand by the U.S. economy and print more money if need be. Read more »

Who Is Your Role Model?

Press Release – The PR Shop

MEDIA RELEASE 30 AUGUST 2010 Who Is Your Role Model? No longer is the saying “it’s who you know” entirely true when seeking a path to victory. It’s now “which website do you know”. Purefutures.co.nz, launched in April, has had 527 unique … Read more »

IG Markets – Morning Prices 30 August 2010

Press Release – IG Markets

US markets put in a good session to close the week out on Friday as Federal Reserve Chairman Ben Bernanke eased market concerns by saying the Fed was willing to do whatever it takes to stabilise the recovery. A better-than-expected reading on Q2 GDP also … Read more »

NZ posts bigger-than-expected July trade deficit

Article – Businesswire

Aug. 30 (BusinessDesk) – New Zealand posted a bigger-than-expected merchandise trade deficit last month as exports fell, stoking concern the key drivers of dairy products and forest products may be coming off the boil. Read more »

Dairy boosts July export values

Press Release – Statistics New Zealand

Higher milk powder, butter, and cheese exports were the main contributor to a 12 percent increase in the total value of goods exported in July 2010, Statistics New Zealand said today. The total value of goods exported for July 2010 was $3.6 billion, … Read more »

Mitsubishi wins all-of-government contract

Press Release – Mitsubishi Motors

Mitsubishi Motors has been selected by the New Zealand Government Procurement Development Group to supply vehicles for use by all government agencies over the next five years. Read more »

IRD to address Taupo Chamber of Commerce

Press Release – Taupo Chamber Of Commerce

The 2010 budget has delivered the biggest tax changes in 25 years. The Taupo Chamber of Commerce and Industry, Town Centre Taupo and Enterprise Lake Taupo have partnered to bring Taupo business an update on tax changes coming into effect from 1st October … Read more »

Genesis Energy beats forecast with $69M profit

Article – Businesswire

Aug. 30 (BusinessDesk) – Genesis Energy Ltd. reported a better than forecast net profit after tax for the year to June 30 of $69 million, thanks to favourable wholesale market hedge settlements and cost savings initiatives, chief executive Albert Brantley … Read more »

WEEKLY SPORTS DIGEST: Wallabies give it away

Article – Businesswire

16/08/10 Executive sport summary – An overview of the major sporting events – Results, key moments and talking points – Everything you need to know to foot it at the water cooler this week. Read more »

« Previous PageNext Page »