Pushpay lifts FY19 net profit; FY20 guidance upbeat
By Rebecca Howard | Tue, 07 May 2019
By Rebecca Howard May 8 (BusinessDesk) - Digital church collection payment operator Pushpay is upbeat about the coming year after lifting revenue by 40 percent and reporting a full-year net profit...
UPDATE: Kernahan to leave Fletcher Building for Hall's Group
By Jenny Ruth | Mon, 06 May 2019
(Updates with details of Kernahan’s new job from 2nd par and further details about her positions at Fletcher.) By Jenny Ruth May 7 (BusinessDesk) - Fletcher Building’s Michelle Kernahan is leavi...
Pohokura work winding up
By Gavin Evans | Mon, 06 May 2019
By Gavin Evans May 7 (BusinessDesk) - Maintenance work at the country’s biggest gas field is winding up, with China Oilfield Services’ Boss rig expected to start decoupling from the Pohokura produc...
Chch councillors rue govt funding pullback in successful $2.2B SCIRT programme
By Paul McBeth | Mon, 06 May 2019
By Paul McBeth May 7 (BusinessDesk) - Christchurch city councillors were left ruing central government's decision to dial back its share of the largely successful $2.24 billion programme to rebuild...
UPDATE: Huawei calls for talks with GCSB minister on 5G
By Nikki Mandow | Mon, 06 May 2019
(Adds GCSB comment from 20th paragraph) By Nikki Mandow May 6 (BusinessDesk) - Huawei has vigorously defended its right to be part of New Zealand’s 5G mobile network build at the China Business...
UPDATE: KiwiRail chair takes reins as CEO
By Gavin Evans | Fri, 03 May 2019
(Adds union comment from 14th paragraph.) By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said...
KiwiRail chair to take reins as CEO
By Gavin Evans | Fri, 03 May 2019
By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said an international search failed to find a cand...
Technology at scale key to Z Energy's future growth
By Gavin Evans | Fri, 03 May 2019
By Gavin Evans May 3 (BusinessDesk) - Deploying new technology at scale to provide better services will be a key part of Z Energy’s future growth, chief executive Mike Bennetts says. New Zealand...
UPDATE: Z Energy shares rise on savings, dividend guidance
By Gavin Evans | Thu, 02 May 2019
(Recasts to focus on savings initiatives, adds share price in 8th paragraph, Marpol risk to end) By Gavin Evans May 2 (BusinessDesk) - Z Energy shares rose after the company forecast a $22 milli...
Z Energy FY earnings fall 13% on refinery outage, crude price hike
By Gavin Evans | Wed, 01 May 2019
By Gavin Evans May 2 (BusinessDesk) - Z Energy reported a 13 percent decline in full-year net profit after an extended outage at the Marsden Point refinery raised its costs and record pump prices...