All News
Singapore Airlines lifts 2016 profit in NZ as cheap oil cuts fuel bill
By Sophie Boot Sept. 30 (BusinessDesk) - The New Zealand branch of Singapore Airlines lifted annual profit by 63 percent as cheap jet fuel helped the airline fatten margins while reaping smaller passenger revenues. Net profit rose to $7.9 million in the 12 months ended Mar...
NZ residential building consents fall for a second month in August
By Paul McBeth Sept. 30 (BusinessDesk) - New Zealand residential building consents fell for a second month as more permits for new houses couldn't offset a dip in the more volatile intentions to construct apartments and retirement village units. Seasonally adjusted dwellin...
CBL raises $60 million in 'heavily oversubscribed' placement
By Paul McBeth Sept. 30 (BusinessDesk) - CBL Corp completed the first tranche of a planned capital raising in a "heavily oversubscribed" placement, selling $60 million of new shares at an 8.2 percent discount. The Auckland-based credit surety and financial risk insurer sol...
Prev
