Archive for January, 2016

Rakon shares drop as it delivers a profit warning

Article – BusinessDesk

Jan. 29 (BusinessDesk) – Rakon shares fell 6.7 percent after the high-tech components maker warned annual earnings will miss forecast because major network operators have delayed their spending on new equipment. Read more »

Rakon shares drop as it delivers a profit warning

Article – BusinessDesk

Jan. 29 (BusinessDesk) – Rakon shares fell 6.7 percent after the high-tech components maker warned annual earnings will miss forecast because major network operators have delayed their spending on new equipment. Read more »

Intueri shares plunge 35% on SFO investigation

Article – BusinessDesk

Jan. 29 (BusinessDesk) – Intueri Education Group’s shares sank 35 percent as the company said one of its colleges was under investigation by the Serious Fraud Office. Read more »

NZ in talks with China on making chilled meat exports

Article – BusinessDesk

Jan. 29 (BusinessDesk) – New Zealand officials are working with Chinese authorities in an attempt to gain access for chilled meat exports to Asia’s largest economy, which would open up an “enormous” potential market for the country’s $6.83 … Read more »

NZ govt in touch with digital transformation of workforce

Article – BusinessDesk

Jan. 29 (BusinessDesk) – A global sea change in how digital technology is affecting the labour force has been picked up in New Zealand, according to global consultancy Accenture, whose latest report on the worldwide landscape shows firms are putting … Read more »

Hundreds Set to Visit Sweden as Campaign Launches

Press Release – Volvo

A new million dollar campaign could see hundreds of New Zealanders head to Sweden and visit Gothenburg, the largest port in Scandinavia and a city known for its advanced self driving cars. Read more »

Mayor Welcomes 68% Jump in Apartment Consents

Press Release – Office of the Mayor of Auckland

The building consent figures for 2015 have been released by Statistics New Zealand and they have been warmly welcomed by Auckland Mayor Len Brown. The number of new dwellings consented in Auckland during the year climbed 21 percent to 9,251. Thats … Read more »

Provinces to Prosper from Pipfruit: Record Crop Forecast

Press Release – Pipfruit Growers of New Zealand

New Zealands apple growing regions will reap the rewards of a record $700 million export apple crop forecast for 2016. Read more »

Possible job or wage cuts in store for bus drivers

Press Release – First Union

One of the unions representing Auckland bus drivers is very concerned to learn that NZ Bus and Howick and Eastern Buses have lost their contracts for units and runs in South Auckland. Read more »

Ride for less with ASB and Uber

Press Release – ASB Bank

ASB and Uber have teamed up to offer personal ASB Visa credit card holders 15% off each Uber ride from 1 February until 31 July, 2016 Read more »

Environment Group Backs Plan For 1000s of Traps

Press Release – Upper Coromandel Landcare Association

A Coromandel conservation group is promoting a peninsula-wide pest control plan whereby rural property owners of both covenanted and uncovenanted land could partner with regional council to achieve improved environmental outcomes the toxin-free way. The … Read more »

Fletcher Building books $85 mln profit from Rocla sale

Article – BusinessDesk

Jan. 29 (BusinessDesk) – Fletcher Building has completed the A$150 million sale of Rocla Quarry Products assets to Hanson Construction Materials following clearance from the Australian Competition Commission and the Foreign Investment Review Board. Read more »

Parking Trials Begin from February 15

Press Release – Palmerston North City Council

29th January 2016 Media release Parking Trials Begin from February 15 The Palmerston North City Council will begin new parking trials in the central city from Monday February 15. Late last year, Council voted to extend the time limit people can park … Read more »

Fletcher completes divestment of Rocla Quarry Products

Press Release – Fletcher Building

Auckland, 29 January 2016 Fletcher Building Limited (Fletcher Building) announces that it has completed the divestment of Rocla Quarry Products (RQP) assets to Hanson Construction Materials Pty Ltd (Hanson), following clearance … Read more »

Huge numbers join workplace cycle competition

Press Release – Auckland Transport

More than 137 workplaces and 1600 individuals will be competing against each other in the inaugural Auckland Bike Challenge. Read more »

Fliway shares gain 10% on earnings upgrade

Article – BusinessDesk

Jan. 29 (BusinessDesk) – Fliway Group’s shares climbed 10 percent since announcing its first half earnings beat prospectus forecasts, as the freight and logistics company contained costs in the face of falling revenue. Read more »

Dairy Farms NZ Limited purchases five farms in Southland

Press Release – Dairy Farms NZ

Otapiri farms, a cluster of five dairy farms (1,207 hectares) in Otapiri, central Southland purchased by Dairy Farms NZ Limited. Read more »

Auckland Airport welcomes non-stop Dubai-Auckland service

Press Release – Auckland Airport

Todays announcement that Emirates will start a new non-stop service between Dubai and Auckland from 2 March 2016 means that Auckland Airport will now only be one stop away from the airlines 53 European and Middle Eastern destinations. Read more »

OIO approves Dairy Farms NZ’s $47M purchase of 5 farms

Article – BusinessDesk

Jan. 29 (BusinessDesk) – Dairy Farms NZ has cleared Overseas Investment Office approval for the $47 million purchase of five central Southland dairy farms ahead of a further capital-raising and eventual listing on the New Zealand sharemarket. Read more »

Night work through central Dunedin’s State Highway 1 begins

Press Release – Dunedin City Council

Dunedin (Friday, 29 January 2016) From this Sunday, 31 January, manhole or service covers running southbound along State Highway 1 from Duke St, North Dunedin, to Andersons Bay will be lifted and re-levelled. Read more »

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