Pushpay lifts FY19 net profit; FY20 guidance upbeat
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. The NZX-listed, US-headquartered software-as-a-service company, reported a...
NZD hovers near 66 US cents ahead of RBNZ decision
By Rebecca Howard May 8 (BusinessDesk) - The New Zealand dollar hovered around 66 US cents amid US-China trade talk jitters and ahead of the Reserve Bank of New Zealand's rate decision later today. The kiwi was trading at 66.01 US cents versus 66.12 US cents at 5pm yester...
Short-term inflation expectations lift in RBNZ survey
By Rebecca Howard May 7 (BusinessDesk) - Business managers and finance professionals lifted their short-term inflation expectations in the latest Reserve Bank survey but held their longer-dated view steady. Respondents to the central bank's quarterly survey predict consume...
Fonterra still exposed to Beingmate in Bubs supply deal
By Rebecca Howard May 7 (BusinessDesk) - Fonterra Cooperative Group will still be exposed to its former Chinese partner Beingmate Baby & Child Food Co, albeit one step removed, in a new supply deal with Bubs Australia. Fonterra Australia will supply Bubs with organic milk...
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