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NZME maintains final dividend after smaller-than-expected dip in 2017 earnings
By Paul McBeth Feb. 22 (BusinessDesk) - NZME maintained its final dividend payment against expectations of a cut after posting a 2 percent drop in annual earnings as the newspaper publisher and radio station owner slowed the decline in its print advertising and kept a lid on c...
FIRST CUT: Air NZ posts 7.4% decline in 1H pretax profit as fuel prices bite
By Rebecca Howard Feb. 22 (BusinessDesk) - Air New Zealand posted a 7.4 percent fall in first-half pretax profit as rising fuel prices offset record high passenger revenue. Pretax earnings fell to $323 million in the six months ended Dec. 31 from $349 million in the same pe...
NZ dollar gains vs greenback on Fed's 'gradual hikes' view, at 6-month high vs Aussie
By Jonathan Underhill Feb. 22 (BusinessDesk) - The New Zealand dollar rose against the greenback after the Federal Reserve minutes showed policymakers still favour gradual rate hikes. It rose to a six-month high versus the Aussie after weaker economic data across the Tasman....
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