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Archive for November, 2017

MARKET CLOSE: NZ shares rise in $1.4B-plus day

Article – BusinessDesk

MARKET CLOSE: NZ shares rise in $1.4B-plus day on F&P Health, Contact reweightings Read more »

NZ dollar falls vs greenback on drop in business confidence

Article – BusinessDesk

Nov. 30 (BusinessDesk) – The New Zealand dollar fell against the greenback after business confidence dropped sharply in November and weakened against the Aussie dollar after positive data across the Tasman. Read more »

Ngāti Whātua Ōrākei to buy land in Orakei from Housing NZ

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Auckland-based hap Ngti Whtua rkei has signed a deal with Housing New Zealand to buy five blocks of land near the Orakei marae, with the first going for $16.5 million. Read more »

O’Connor: R&D spending ‘pathetic’, government to review PGP

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Agriculture Minister Damien O’Connor said the new government plans to review the primary growth partnership programme although he lauded progress that has been made. Read more »

Scott Technology insulated from trade war

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Scott Technology is confident it can survive the growing prospect of a US-led trade war with manufacturing around the world spreading its risk, says chair Stuart McLauchlan. Read more »

Apple gets OIO approval to acquire PowerbyProxi

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Apple Inc was granted Overseas Investment Office approval to buy PowerbyProxi last month for a consideration exceeding $100 million. Read more »

InternetNZ Group Chief Executive Appointment

Press Release – InternetNZ

The InternetNZ Council recently involved staff and stakeholders of the InternetNZ Group, including InternetNZ, NZRS and the Domain Name Commission in a robust appraisal of the groups organisational structure, and whether it is fit for purpose going … Read more »

Airways unveils future digital air traffic control tower

Press Release – Airways New Zealand

Airways New Zealand is demonstrating a prototype digital air traffic control tower at Auckland Airport, it announced today. The air traffic control organisation is assessing how the technology could increase aviation safety, extend the hours of … Read more »

Wellington rail strike off as workers win together

Press Release – Rail And Maritime Transport Union

After last minute mediation the employer has agreed to withdraw its claim against penalty rates for weekend work. The strike notice has been withdrawn. Read more »

Veritas shares jump as ANZ pushes out loan maturity

Article – BusinessDesk

Nov. 30 (BusinessDesk) – Veritas Investments has again had its debt deadline extended by its bank to let it continue discussions for possible deals. Read more »

Greater Wellington welcomes cancellation of rail strike

Press Release – Greater Wellington Regional Council

Greater Wellington Regional Council is welcoming the cancellation of Fridays rail strike, following the withdrawal of industrial action by the Rail and Maritime Transport Union. Read more »

Strike notice withdrawn by RMTU

Press Release – Transdev

We are pleased to confirm that good progress was made during the negotiation session both last night and today, and negotiations between Transdev Wellington, Hyundai Rotem and the RMTU will continue. Read more »

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