Business Scoop

Archive for February, 2018

MARKET CLOSE: NZ shares mixed; Sky TV, Fletcher fall

Article – BusinessDesk

Feb. 28 (BusinessDesk) – New Zealand shares were mixed, with Sky Network Television sinking to a ten-week low while Synlait Milk and Trade Me Group gained. Read more »

NZ dollar falls OnFed chair’s upbeat economic outlook

Article – BusinessDesk

NZ dollar falls as Fed chair Powell’s upbeat economic outlook prompts US rate rethink Read more »

Tower settles with reinsurer Peak Re over policy dispute

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Tower has reached a settlement with reinsurer Peak Re over a dispute relating to its 2015 adverse conditions cover, and will get about half what it’s claimed. Read more »

Finney quits chief information officer role at Fletcher

Article – BusinessDesk

Finney quits chief information officer role at Fletcher that was created by former CEO Adamson Read more »

Vodafone to offer new SKY pricing

Press Release – Vodafone

Vodafone to offer new SKY pricing Vodafone welcomes a bold move by SKY TV today to shake up its pricing and packages for the first time in many years. From tomorrow, SKY TV will split its SKY Basic package into two parts SKY Starter and SKY entertainment. … Read more »

Mad Butcher sale fair to Veritas shareholders

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Veritas Investment’s proposed sale of the Mad Butcher franchisor to chief executive Michael Morton for $8 million is fair to non-associated shareholders, avoiding “more dire” consequences if it doesn’t go ahead, says the independent … Read more »

Poll finds 75% want independent analysis on TPPA-11

Press Release – ActionStation

Poll finds 75% of New Zealanders want independent analysis on TPPA-11 before its signed Media release: ActionStation Read more »

Wellington Drive lines up first acquisition – iProximity

Article – BusinessDesk

Wellington Drive lines up first acquisition with option to buy iProximity for A$4.3m Read more »

John Key, chair of ANZ NZ, gets tapped for parent ANZ board

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Former Prime Minister John Key has been named to the board of Australia & New Zealand Banking Group, having served as chair of the lender’s New Zealand unit since January. Read more »

Kaikōura, SH1, reopening Friday after slip clearances

Press Release – NZTA

Journey time much longer, Lewis Pass route fewer delays The NZ Transport Agency will reopen State Highway 1 through Kaikura fromFriday, 2 March, following extensive landslip removal following ex-cyclone Gita. Read more »

Pedestrian-friendly main street for Manukau

Press Release – Panuku Development Auckland

The upgrade of Putney Way into a pedestrian-friendly main street for central Manukau starts next week. The upgrade will include a new single-level surface extending from the new bus station to the opposite pathway. Native trees will be planted along both … Read more »

EPA urges airports to plan phase-out of dangerous foams

Press Release – Environmental Protection Authority

The Environmental Protection Authority is urging airports that may have fire-fighting foams containing PFOS to begin immediate planning to phase them out. Read more »

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