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blair bryant resigns as director of powerhouse ouster meeting cancelled
By Jonathan Underhill June 30 (BusinessDesk) - Blair Bryant has resigned from the board of Powerhouse Ventures and as a result the ASX-listed, Christchurch-based technology incubator has cancelled a
former pm shipley keen to leverage boao appointment for nz inc
By Paul McBeth in Shanghai April 22 (BusinessDesk) - Former Prime Minister Jenny Shipley wants New Zealand firms to take advantage of her appointment to the board of the Boao Forum, which is made
ocean flyer and monte sign seaglider financing deal
The company seeking to bring 25 electric seagliders to New Zealand says it has secured a financing deal to cover $145 million of its $700m order. Ocean Flyer announced the $700m order with Regent, a
with a blackrock ceo us9t vanguard braces for turbulence
By Loukia Gyftopoulou and Silla Brush (Bloomberg) -- It’s official at last: the Age of Bogle is over. A half-century after John “Jack” Bogle founded Vanguard Group, the roughly US$9 trillion (
tesla board rallies retail investors to vote for musks us56b pay package
(Bloomberg) -- Tesla Inc. is looking to woo its unusually large base of retail investors to get approval for chief executive officer Elon Musk’s $56 billion (NZ$91.4b) pay package. To help lead that
warner bros increases debt buy back scheme by 750m
(Bloomberg) – Warner Bros. Discovery Inc increased an offer to buy back debt from investors by US$750 million as part of a plan to slash its debt and interest expenses. The owner of CNN and HBO is
fonterras white gold surrender is a blow for the quest to add value
This week New Zealand Inc waved the white flag over its exports of white gold. Fonterra said it would fully or partially divest from its consumer business all at once, including Fonterra Oceania and
softbank sells off vision fund assets as son pivots to ai chips
By Min Jeong Lee (Bloomberg) -- SoftBank Group Corp.’s flagship Vision Fund has quietly sold off or written down billions of dollars’ worth of its publicly-listed holdings in recent years, a sign
blackrock yet to make investments from nz climate fund
Global investment manager BlackRock has yet to make any investments via its dedicated New Zealand climate fund, which was announced with significant fanfare by former prime minister Chris Hipkins last
market close nzx 50 rises to record fp healthcare result adds to upbeat nz inc sentiment
By Jonathan Underhill May 27 (BusinessDesk) - New Zealand shares rose as better-than-expected full-year earnings from Fisher & Paykel Healthcare added to upbeat sentiment for the local market. Mainfre
nz inc should be capitalising on covid free status and pms global profile
New Zealand should be capitalising on our covid-free status and the global reputation of Prime Minister Jacinda Ardern but the government still has a counterproductive "fortress New Zealand" mentality
little sign nz inc is focusing on 99 certain el nino summer
By Tina Morrison Oct. 28 (BusinessDesk) - New Zealand may be heading for a "super El Nino" weather pattern this summer, reminiscent of 1997/98 when drought parched the east of the country and sapped
jenny ruth super fund sells nz inc down the river with metlifecare sale
It doesn't take too much thought to conclude the New Zealand Superannuation Fund has sold NZ Inc down the river when it comes to the Metlifecare takeover. With the Super Fund having agreed to sell to.
powerhouse calls special meeting to dump blair bryant as a director
By Jonathan Underhill June 28 (BusinessDesk) - Powerhouse Ventures has called a special meeting of shareholders to vote on removing Blair Bryant from the board of the ASX-listed, Christchurch-based t
crown wants home detention added to lombards graham jeffries bryant more for reeves
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
business of tech podcast tech adoption lag holding back nz inc
Ben and Peter talk to Spark CEO Jolie Hodson and NZIER principal economist Christina Leung about the recent research into how adopting more advanced digital tech can boost industry output by up to $26
why keeping kiwibank kiwi is crucial for aotearoa inc
The company I founded in 2009, Ockham Residential, would not exist today if it weren’t for Kiwibank. At the start of our journey, in the middle of the GFC (global financial crisis), I approached s
nz inc is a business so what are shareholders getting
A lot has been made of the fact we now have a business-like leader in government, but far less noise has been made about the fact his approach doesn’t really represent how business leaders operate i
diligent buys boardlink from thomson reuters for us10 million
By Suze Metherell Oct. 20 (BusinessDesk) - Diligent Corp, the governance app developer, has acquired BoardLink from financial services firm Thomson Reuters for US$10 million in cash to widen its port
methane wars will nz inc subsidise farmers
The rest of the economy will have to pay a higher price than otherwise if agricultural methane emissions are not required to assist with reducing the rise in global temperature. That is a key finding.
maori enterprise outperforming nz inc report
Māori are over-represented in just about every social ill the government measures. However, things are changing. So much so, in fact, that the Māori economy may be just the kind of new engine of gro
metlifecare names air nzs richard thomson as chief financial officer
By Jonathan Underhill May 31 (BusinessDesk) - Metlifecare has named Richard Thomson, Air New Zealand's general manager commercial, as chief financial officer starting in mid-September. Thomson started
meet nzs new master of wine sophie parker thomson
New Zealand now has 15 Masters of Wine (MW). Globally, there are only 418 – 149 women and 269 men – in 32 countries. Since the first exam nearly 70 years ago, just 493 people have become MWs. New
air nz picks up richard thomson from metlifecare
Air New Zealand has appointed Richard Thomson as its new chief financial officer. He will start at the airline in early 2021. Outgoing CFO Jeff McDowall will depart Air NZ after the airline’s capita
seasonal kiwifruit labour shortage declared for bay of plenty
By Rebecca Howard May 7 (BusinessDesk) - The Ministry of Social Development has declared a seasonal labour shortage across the Bay of Plenty in a bid to find at least 1,200 people to pick and pack the
Finance News
Finance
Startups should hold off fundraising if they can, says Enterprise Angels
But it's a good time for investors to buy into startups that are looking for funds.
Finance
BlackRock yet to make investments from NZ climate fund
But the investment manager has appointed an Auckland-based managing director.
Finance
Fonterra has received ‘unsolicited’ interest in consumer business
All or part of the business is being put on the block.
*All returns are per annum, after fees and before taxes. Data updated at 1:07pm 21 May 2024 (NZT)
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