October manufacturing activity strongest since May
By Rebecca Howard Nov. 16 (BusinessDesk) - New Zealand's manufacturing activity expanded in October to its highest level since May as production and new orders improved. The BNZ-BusinessNZ performance of manufacturing index climbed to a seasonally adjusted 53.5 last month,...
Blis Technologies narrows 1H loss, upbeat about FY19
By Rebecca Howard Nov. 16 (BusinessDesk) - Blis Technologies narrowed its first-half loss and continues to expect a pre-tax profit for the full year as revenue ticks higher. The Dunedin-based company, set up to commercialise probiotic bacteria for use in consumer products f...
Strong Aussie job growth sees NZ dollar ease against $A while firming against greenback
By Rebecca Howard Nov. 15 (BusinessDesk) - The New Zealand dollar eased against the Aussie dollar after Australia's unemployment rate remained at a six-year low in October but gained against the greenback as global risk appetite ticked higher after the draft Brexit deal. T...
Rakon 1H earnings jump on one-off gain, improved margins
By Rebecca Howard Nov. 15 (BusinessDesk) - High-tech components maker Rakon reported a lift in first-half earnings as revenue increased and its cost of sales remained stable. Net profit was sharply higher, largely due to a one-off $7.2 million gain after it changed the way...
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