Powerhouse has no current plans to raise additional capital
By Rebecca Howard Nov. 27 (BusinessDesk) - Christchurch-based technology incubator Powerhouse Ventures has no plans to raise additional capital at the current depressed share price and will focus on its New Zealand operating strengths and expansion in Australia. Powerhouse...
Beef + Lamb studies threat posed by alternative proteins, considers how to respond
By Rebecca Howard Nov. 27 (BusinessDesk) - Beef + Lamb New Zealand is carrying out consumer research into alternative proteins in China and San Francisco in response to the rise of the rival products and wants to report back to the sector before the end of the year. "What...
NZ dollar heads for 1.4% weekly gain on Fed's cautious inflation view
By Rebecca Howard Nov. 24 (BusinessDesk) - The New Zealand dollar is headed to a 1.4 percent weekly gain after some market participants pared back their expectations for US interest rate increases next year after the Federal Reserve sounded a note of caution this week on low i...
Commerce Commission to appeal High Court decision on price-fixing case
By Rebecca Howard Nov. 24 (BusinessDesk) - The Commerce Commission will file a notice of appeal against the High Court's decision to dismiss its case against two real estate agencies and their directors in a nationwide price fixing case. The group of realtors allegedly agre...
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