Seadragon 1H loss widens to $3.4mn as it continues transformation to Omega-3 production
By Sophie Boot Nov. 18 (BusinessDesk) - Seadragon, the fish oil refiner, more than quadrupled its first-half loss with revenue falling as the company continued its transition to higher value Omega-3 fish oil products from Omega-2. The company posted a loss of $3.4 million...
MARKET CLOSE: NZ shares dip, Metro Glass and Fletcher Building fall while NZ Refining gains
By Sophie Boot Nov. 17 (BusinessDesk) - New Zealand shares dipped, led lower by Orion Health Group and Metro Performance Glass, while New Zealand Refining Co gained on improved margins. The S&P/NZX50 fell 9.93 points, or 0.2 percent, to 6,814.65. Within the index, 25 stock...
Govt investigating performance of Stats House, more buildings in Wellington evacuated
By Sophie Boot Nov. 17 (BusinessDesk) - The government is investigating the performance of buildings including Statistics House following Monday morning's 7.8 magnitude earthquake, while more buildings have been cordoned off in central Wellington today. "This investigation...
Former NZX boss Weldon 'bullied' Clear vendor, judge rules
By Sophie Boot Nov. 16 (BusinessDesk) - Former NZX chief executive Mark Weldon "bullied" one of the vendors of the Clear Grain Exchange and overstated what NZX was likely to invest in developing the platform, the judge in the case has found. However, neither Ralec nor NZX w...
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