NZ's R&D spending 'pathetic', government to review PGPs, Damien O'Connor says
By Rebecca Howard Nov. 30 (BusinessDesk) - Agriculture Minister Damien O'Connor said the new government plans to review the primary growth partnership programme although he lauded progress that has been made. While in opposition and as Labour’s primary industries spokesman...
NZ dollar falls as US tax cut progress, Powell's rate hike signal lift greenback
By Rebecca Howard Nov. 29 (BusinessDesk) - The kiwi fell as the US dollar gained ground on signs of progress on American tax cuts and after Federal Reserve chair nominee Jerome Powell signaled a December rate hike was on the cards. The kiwi traded at 68.88 US cents as at 5...
Synlait looking to expand with plant in North Island
By Rebecca Howard Nov. 29 (BusinessDesk) - Dairy products manufacturer Synlait Milk plans to purchase new land in the North Island to create a second powder manufacturing site and access a second pool of farm suppliers, it said in a presentation for its annual general meeting....
Pacific Edge narrows first half loss as canned staff share scheme cuts costs
By Rebecca Howard Nov. 29 (BusinessDesk) - Cancer diagnostics company Pacific Edge narrowed its first-half loss after clamping down on costs by ditching a staff share scheme and lifting revenue. The Dunedin-based company reported a net loss of $8.7 million, or 22 cents pe...
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