Business Scoop

Archive for September, 2017

Ethique raises half a million dollars in less than a day

Press Release – Ethique

Ethique raises half a million dollars in less than a day Christchurch-based social enterprise Ethique launched their second equity crowdfunding campaign on PledgeMe, and yesterday raised their maximum goal of $500,000 in less than a day. Read more »

Jet fuel allocations return to normal

Press Release – New Zealand Government

A return to 100 per cent jet fuel allocations at Auckland Airport is a great start to the school holidays for airlines and their customers, Energy and Resource Minister Judith Collins says. Read more »

MARKET CLOSE: Synlait, Restaurant Brands hit fresh highs

Article – BusinessDesk

MARKET CLOSE: Synlait, Restaurant Brands hit fresh highs while A2 Milk drops on profit-taking Read more »

Dollar heads for 1.8% weekly drop on political uncertainty

Article – BusinessDesk

Sept. 29 (BusinessDesk) – The New Zealand dollar is heading for a 1.8 percent weekly decline amid domestic political uncertainty and a stronger US dollar as investors price in a greater chance of a US rate hike December. Read more »

Hair and beauty’s Industry Awards

Press Release – Joint Press Release

Industry Awards 2017: Meet hair and beautys business and training superstars 29 September 2017 Read more »

Simply Group in Fast50 Business Awards

Press Release – Simple Energy

Two Simply Group businesses have been named as finalists in Deloittes Fast50 2017 regional awards. Read more »

Ultrafast Fibre proves its fast once again

Press Release – Ultrafast Fibre Ltd

Hamilton based Ultrafast Fibre has lived up to its name by once again taking out the title of the fastest growing technology company in the Central North Island. This is the third year in a row that Ultrafast Fibre has won this Deloitte Fast 50 … Read more »

$5.3M fine in first for anti-money laundering regime

Article – BusinessDesk

Sept. 29 (BusinessDesk) – A Chinese-born New Zealander has been fined $5.3 million, ordered to pay costs, and been prevented from continuing to provide financial services in the country’s first award of financial penalties for breaches of the four-year-old … Read more »

Goodfellows’ Amalgamated Dairies trims Sanford stake again

Article – BusinessDesk

Sept. 29 (BusinessDesk) – Amalgamated Dairies, an investment vehicle for the Goodfellow family, has raised about $21 million reducing its holding in fishing company Sanford to 24 percent from 27 percent. Read more »

Kathmandu, Hallenstein may be able to withstand Amazon

Article – BusinessDesk

Sept. 29 (BusinessDesk) – Kathmandu Holding and Hallenstein Glasson Holdings appear to be weathering a global move to online shopping and may be able to withstand the pressure as Amazon pushes into Australia as early as next month, analysts say. Read more »

Central Plains Water sees more years of losses

Article – BusinessDesk

Sept. 29 (BusinessDesk) – Central Plains Water, a company set up to irrigate farmland in Canterbury, said it will continue to record losses in its annual accounts because of the steep depreciation charges during the early years of operation. Read more »

RBNZ was a tidy earner under Wheeler

Article – BusinessDesk

RBNZ was a tidy earner under Wheeler, with almost $1B of dividends to the Crown Read more »

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