NZ dollar little changed ahead of RBNZ's stability report, Fed appearances
By Rebecca Howard Nov. 27 (BusinessDesk) - The New Zealand dollar fell but remained largely rangebound ahead of key events later in the week including the central bank's financial stability report as well as possible comments from the US Federal Reserve. The kiwi was tradi...
James Hardie loses Supreme Court bid to toss out class action
By Rebecca Howard Nov. 27 (BusinessDesk) - Two James Hardie companies, James Hardie New Zealand and Studorp, lost their application to toss out a leaky buildings class action case in the Supreme Court. The High Court is set to hear a representative action brought by leaky...
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...
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