Nib's NZ earnings rise 20% on smaller claims bill, fewer premium paybacks
By Paul McBeth Feb. 19 (BusinessDesk) - Nib Holdings' New Zealand unit boosted first-half profit as the health insurer paid out fewer claims than a year earlier and had a smaller premium payback bill on its product which reimburses policyholders the difference between premiums...
Z chases cheaper processing in new refinery procurement deal with Mobil
By Paul McBeth Feb. 19 (BusinessDesk) - Z Energy says it wants to cut supply chain costs with a new refinery optimisation and procurement deal with New Zealand Refining and Mobil New Zealand, replacing an existing arrangement with BP. Wellington-based Z says the deal will...
NZX boosts 2017 profit 62% as slimmed down agri unit trims costs, Farmers Weekly sold
By Paul McBeth Feb. 19 (BusinessDesk) - NZX boosted annual profit 62 percent, cutting costs by trimming down its agri publishing unit and refocusing on its core markets business which relied on a glut of new debt listings to offset the lack of new equity initial public offerin...
World Week Ahead: Fed, ECB in focus
By Margreet Dietz Feb. 19 (BusinessDesk) - Investors will pore over minutes from the latest Federal Open Market Committee meeting and a slew of speeches by US central bank policy makers this week to gauge if signs of accelerating inflation will prompt a speedier path of intere...
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