Business Scoop
Network


Article News

Fonterra ownership structure ‘not on the table’

Article – BusinessDesk

Aug. 18 (BusinessDesk) – Fonterra Cooperative Group wont be changing its ownership structure, but is keen on bringing on partners to fund future projects, says director Scott St John. Read more »

MARKET CLOSE: NZ shares gain as investors take stock

Article – BusinessDesk

MARKET CLOSE: NZ shares gain as investors take stock in earnings season; Skellerup hits new highs Read more »

NZ heading for 0.2% weekly gain as risk appetite improves

Article – BusinessDesk

Aug. 17 (BusinessDesk) – The New Zealand dollar is headed for a 0.2 percent weekly gain against the greenback, benefiting from an uptick in risk appetite, but demand remains capped by the possibility of a domestic rate cut should growth fail to fire. Read more »

Get politics out of infrastructure investment: Jones

Article – BusinessDesk

Aug. 17 (BusinessDesk) – An independent infrastructure agency the government hopes to have operating late next year may help take the politics out of development decisions, Infrastructure Minister Shane Jones says. Read more »

Steel fabricator NDA back in the black

Article – BusinessDesk

Aug. 17 (BusinessDesk) – Kiwi steel fabrication firm NDA Group returned to profit in 2017 as a recovery in its key markets and an expanding footprint at home and abroad underpinned a 52 percent increase in sales. Read more »

Brilliance International fined $540k over steel mesh

Article – BusinessDesk

Aug. 17 (BusinessDesk) – Brilliance International has been fined $540,000 after pleading guilty to breaking fair trading law by claiming steel mesh met standards that it actually did not. Read more »

Invocare expands its NZ funeral business

Article – BusinessDesk

Aug. 17 (BusinessDesk) – Invocare, New Zealand’s largest funeral company, has been expanding its reach across the country, with three new funeral homes purchased in the past three months, adding an extra $12 million to the firm’s annual revenue. Read more »

Action needed to boost EV take-up – Drive Electric

Article – BusinessDesk

Aug. 17 (BusinessDesk) – The government needs to be acting now if it is to sustain take-up of electric vehicles as part of its emissions reduction strategy, industry lobby group Drive Electric says. Read more »

Tourism Holdings CFO Davis on medical leave until next month

Article – BusinessDesk

Aug. 17 (BusinessDesk) – Tourism Holdings chief financial officer Mark Davis is on medical leave until next month and will miss an already delayed annual results announcement. Read more »

Higher fuel prices squeeze producer margins in 2nd quarter

Article – BusinessDesk

Aug. 17 (BusinessDesk) – Higher fuel prices continued to squeeze margins in the second quarter as the prices paid by producers lifted more than the prices they obtained for their goods. Read more »

Open up budget bids to NGOs ProdCom says

Article – BusinessDesk

Aug. 16 (BusinessDesk) – The government should let community organisations and private firms bid directly to the Treasury to offer programmes likely to deliver a significant impact, the Productivity Commission says. Read more »

NZ wool market starts new season on ‘weak note’

Article – BusinessDesk

Aug. 17 (BusinessDesk) – The New Zealand wool market started the new season on “a very weak note” due to concerns about US tariffs on Chinese products, according to AgriHQ’s latest monthly report on the sheep & beef sector. Read more »

Next Page »