Alliance Group beefing up facilities to meet demand for blood products
By Rebecca Howard Sept. 7 (BusinessDesk) - Alliance Group will invest $1.7 million in two plants in order to meet growing demand for New Zealand-sourced blood products. In Pukeuri in Oamaru it will build a new facility created to help boost the recovery of blood-based prod...
NZ dollar loses sheen as Aust growth weighs, still firm on heightened North Korean tensions
By Rebecca Howard Sept. 6 (BusinessDesk) - The New Zealand dollar eased slightly after economic growth across the Tasman was slightly disappointing although ongoing tensions in the Korean Peninsula kept it from losing too much ground. The kiwi traded at 72.25 US cents as a...
Toll Group sinks into the red on rising costs under shadow of Kaikoura quake
By Rebecca Howard Sept. 6 (BusinessDesk) - Toll Group NZ sank into the red on a rising cost line, joining other transport and logistics firms facing the squeeze when last year's Kaikoura earthquake disrupted supply routes. The freight forwarding company, whose parent Toll...
NZ dollar falls against Aussie on Australian data, North Korea jitters
By Rebecca Howard Sept. 5 (BusinessDesk) - The New Zealand dollar fell in a see-saw day against the Aussie after Australian trade data, a central bank statement and ongoing jitters about North Korea's military ambitions. The kiwi was trading at 90.01 Australian cents as at...
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