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Anzco Foods says annual pre-tax profit fell 90% on tough year for beef processing

Anzco Foods says annual pre-tax profit fell 90% on tough year for beef processing

By Rebecca Howard May 25 (BusinessDesk) - Meat processor and exporter Anzco Foods reported a 90 percent plunge in full-year pre-tax profit in what it said was a tough year for beef processing.  Anzco, a unit of Japanese-listed Itoham Yonekyu Holdings, said its pre-tax profi...

Rebecca Howard 24 May 2018
Veritas' Morton to step down after Nomura deal announced

Veritas' Morton to step down after Nomura deal announced

By Sophie Boot May 25 (BusinessDesk) - Veritas Investments director Michael Morton will step down from the board next month, after a meeting where shareholders will vote on whether to agree to a $27.5 million loan from Japanese investment bank Nomura Holdings. The company a...

Sophie Boot 24 May 2018
Spark to take bigger Quantum leap as 'Agile' approach offers bigger future savings

Spark to take bigger Quantum leap as 'Agile' approach offers bigger future savings

By Paul McBeth May 25 (BusinessDesk) - Spark New Zealand expects annual earnings to fall by as much as 2.5 percent this year as it brings forward restructuring costs and accelerates its 'Quantum Programme' to transform the country's biggest telecommunications company into the...

Paul McBeth 24 May 2018
NZ dollar steady as Trump scraps North Korea summit, UK retail sales jump

NZ dollar steady as Trump scraps North Korea summit, UK retail sales jump

Jonathan Underhill 24 May 2018
While you were sleeping: Wall St declines, while Treasuries, gold gain

While you were sleeping: Wall St declines, while Treasuries, gold gain

Margreet Dietz 24 May 2018
MARKET CLOSE: NZ shares up on A2 Milk rebound; Fletcher, Comvita drop

MARKET CLOSE: NZ shares up on A2 Milk rebound; Fletcher, Comvita drop

Sophie Boot 24 May 2018
NZ dollar holds gains against greenback as markets fret about global trade

NZ dollar holds gains against greenback as markets fret about global trade

Rebecca Howard 24 May 2018
NZ's commercial drone operators mostly filming, aerial mapping, upbeat about outlook: survey

NZ's commercial drone operators mostly filming, aerial mapping, upbeat about outlook: survey

Jonathan Underhill 24 May 2018
Resurgent Chinese visitors offset lethargic tourism sector

Resurgent Chinese visitors offset lethargic tourism sector

Paul McBeth 24 May 2018
Oceania Dairy, Yili's NZ dairy processor, grows sales and losses supplying parent

Oceania Dairy, Yili's NZ dairy processor, grows sales and losses supplying parent

Jonathan Underhill 24 May 2018
Show us you’re clean: FMA, Reserve Bank send letter to life insurers

Show us you’re clean: FMA, Reserve Bank send letter to life insurers

Nikki Mandow 24 May 2018
Metro Performance Glass says new strategy is about going back to basics

Metro Performance Glass says new strategy is about going back to basics

Rebecca Howard 24 May 2018
RBNZ needs to be 'far more aggressive' to shed gender imbalance, Orr says

RBNZ needs to be 'far more aggressive' to shed gender imbalance, Orr says

Rebecca Howard 24 May 2018
Rosanne Meo looks for 20-year term as Briscoe Group chair

Rosanne Meo looks for 20-year term as Briscoe Group chair

Nikki Mandow 24 May 2018
Metlifecare to add $180M Beachlands village as sector hunts greenfield sites

Metlifecare to add $180M Beachlands village as sector hunts greenfield sites

Jonathan Underhill 24 May 2018
Record kiwifruit exports boost NZ overall exports in April

Record kiwifruit exports boost NZ overall exports in April

Tina Morrison 23 May 2018
Funding split for climate change adaptation in question after release of working group report

Funding split for climate change adaptation in question after release of working group report

Sophie Boot 23 May 2018
Comvita's $400M sales target pushed out two years after poor honey harvests, Craigs says

Comvita's $400M sales target pushed out two years after poor honey harvests, Craigs says

Tina Morrison 23 May 2018
Metro Performance Glass full-year profit falls 16% in line with guidance

Metro Performance Glass full-year profit falls 16% in line with guidance

Rebecca Howard 23 May 2018
NZ Super Fund on track to hire new CEO in June as board lobbies to keep control of pay

NZ Super Fund on track to hire new CEO in June as board lobbies to keep control of pay

Paul McBeth 23 May 2018
NZ dollar gains as Fed minutes point to 3 hikes, European data weakens

NZ dollar gains as Fed minutes point to 3 hikes, European data weakens

Jonathan Underhill 23 May 2018
While you were sleeping: Treasuries rally as Fed’s in no rush

While you were sleeping: Treasuries rally as Fed’s in no rush

Margreet Dietz 23 May 2018
MARKET CLOSE: NZ shares drop on Fonterra, A2 weakness; Steel & Tube drops 18% on 2018 loss

MARKET CLOSE: NZ shares drop on Fonterra, A2 weakness; Steel & Tube drops 18% on 2018 loss

Sophie Boot 23 May 2018
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