NZ's Ubco raises $3.95 million to power electric farm bike
By Rebecca Howard May 19 (BusinessDesk) - Ubco, a New Zealand tech company that has designed an electric farm bike, successfully raised $3.95 million in funding in the US, Australia and New Zealand. US investors Bob and Ethan Ralston and US expansion and acquisition compan...
NZ annual net migration still running at record levels
By Rebecca Howard May 19 (BusinessDesk) - New Zealand annual net migration remained at a record high in April and short-term visitor arrivals also hit a new record, lifted in part by the Easter holiday. Annual net migration reached 71,885 in the year to April 30 versus 68,...
AFT Pharmaceuticals gets greenlight for nine additional European countries
By Rebecca Howard May 19 (BusinessDesk) - AFT Pharmaceuticals obtained regulatory approval to sell its Maxigesic painkiller in nine additional European countries, a move that lets it ramp up international sales of its tablets. The Auckland-based drug maker said the Europe...
First NZ trims Fletcher earnings forecasts for FY18 and FY19, retains 'outperform' rating
By Rebecca Howard May 18 (BusinessDesk) - First NZ Capital trimmed its earnings forecasts for Fletcher Building's 2018 and 2019 financial years but retained an 'outperform' rating on the stock and held the 12-month target price steady at $9.80. Fletcher shares dropped 1.3 p...
Prev
