NZ dollar unchanged in local trading as markets watch US developments
By Rebecca Howard Jan. 22 (BusinessDesk) - The New Zealand dollar was unchanged in the local session as investors took a wait-and-see stance on developments in Washington after the US federal government shut down and legislators remained at an impasse on a temporary funding ag...
New spray dryer planned at Waikato Innovation Park as sheep milk ramps up
By Rebecca Howard Jan. 22 (BusinessDesk) - A new $45 million food spray dryer is being planned for Food Waikato as demand from the sheep milk industry ramps up, says Waikato Innovation Park chief executive Stuart Gordon. Food Waikato, which is located at Waikato Innovation...
Blis cuts annual earnings guidance as impact of tough first half lingers
By Rebecca Howard Jan. 22 (BusinessDesk) - Blis Technologies reported a positive third quarter result but said that, combined with an ongoing recovery in the fourth quarter, won't offset a tough first half and it lowered full-year guidance. The Dunedin-based company said r...
NZ dollar heads for weekly 0.7% gain, all eyes on possible US govt shutdown
By Rebecca Howard Jan. 19 (BusinessDesk) - The New Zealand dollar is heading for a 0.7 percent weekly gain as the world waits to see if US policymakers reach a deal to avoid a shutdown. The kiwi traded at 73.08 US cents as at 5pm in Wellington unchanged from 8.30am and up...
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