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Blis Technologies forecasts annual loss even as revenue doubles
By Sophie Boot Feb. 29 (BusinessDesk) - Blis Technologies, the NZX-listed biotech company, expects to post a loss for the year even as revenue more than doubles after it was hit by costs from having to replace stock that had discoloured. The Dunedin-based company is anticip...
NZ building consents sink 8.2% in January as Canterbury drops off
By Paul McBeth Feb. 29 (BusinessDesk) - New Zealand building consents fell last month as a drop-off in Canterbury construction intentions offset growth in other regions, although Auckland continued to lag behind the estimated level needed to match growth in housing demand....
NZ business optimism slips in February on global turmoil, local conditions
By Sophie Boot Feb. 29 (BusinessDesk) - New Zealand firms gave in to global unease in February, as falling export prices and turmoil in equity markets dampened confidence, with interest rate and inflation expectations down. A net 7.1 percent of firms were optimistic about t...