Business Scoop
Network

Exploration ban ‘selfish, rich world’ approach, MPs told

Article – BusinessDesk

Oct. 18 (BusinessDesk) – The governments proposed exploration ban is a selfish and rich world approach that ignores the countrys responsibility to help deliver low-carbon energy in the broader Pacific region, MPs heard yesterday. Read more »

Exploration ban ‘selfish, rich world’ approach, MPs told

Article – BusinessDesk

Oct. 18 (BusinessDesk) – The governments proposed exploration ban is a selfish and rich world approach that ignores the countrys responsibility to help deliver low-carbon energy in the broader Pacific region, MPs heard yesterday. Read more »

Exploration ban ‘selfish, rich world’ approach, MPs told

Article – BusinessDesk

Oct. 18 (BusinessDesk) – The governments proposed exploration ban is a selfish and rich world approach that ignores the countrys responsibility to help deliver low-carbon energy in the broader Pacific region, MPs heard yesterday. Read more »

24% premium dangled to buy control of Restaurant Brands

Article – BusinessDesk

Oct. 18 (BusinessDesk) – Mexico’s Finaccess Capital has offered $881.5 million – a 24 percent premium – to buy three-quarters of Restaurant Brands New Zealand. Read more »

Dollar dips as growing concerns in Europe bolster greenback

Article – BusinessDesk

Oct. 18 (BusinessDesk) – The New Zealand dollar slipped against a stronger greenback amid concern lingering Brexit talks and Italy’s projected budget deficits will slow growth in Europe. Read more »

MARKET CLOSE: NZ shares gain as A2 calms critics

Article – BusinessDesk

Oct. 17 (BusinessDesk) – New Zealand shares rose, led by A2 Milk Co, which calmed nervous investors with a strong first-quarter update. Synlait Milk followed suit, albeit on much lighter volumes. Read more »

NZ dollar may extend rally

Article – BusinessDesk

Oct. 17 (BusinessDesk) – The New Zealand dollar may extend its recent rally on expectations the yield differential to the US may be kept in check near term. Read more »

Port of Tauranga eyes record $101mln 2019 profit

Article – BusinessDesk

Oct. 17 (BusinessDesk) – Port of Tauranga says annual profit may rise as much as 8.1 percent, based on increased cargo volumes in the first quarter. Read more »

Larry Ellison’s NZ yacht company key to America’s Cup rival

Article – BusinessDesk

Oct. 17 (BusinessDesk) – A Warkworth-based company owned by multi-billionaire IT mogul Larry Ellison and part-funded by Callaghan Innovation is at the centre of a bid to take the wind out of the sails of the next Americas Cup competition in … Read more »

Marsden Maritime eyes benefits from transport study

Article – BusinessDesk

Oct. 17 (BusinessDesk) – The governments strategic review of upper North Island logistics chains may recognise the value of Northport in a way previous studies did not, Marsden Maritime Holdings chair John Goulter says. Read more »

NZ screen sector needs special employment carve-outs

Article – BusinessDesk

Oct. 17 (BusinessDesk) – New Zealand’s screen sector needs its own employment framework to remain globally competitive, a working group says. Read more »

UPDATE: A2 shares climb 7.7% on Chinese formula sales

Article – BusinessDesk

Oct. 17 (BusinessDesk) – A2 Milk Co shares jumped 7.7 percent after the company reaffirmed its expected annual revenue growth, piggybacking off the strength of its infant formula products. Read more »