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Trustpower affirms earnings guidance as wholesale prices stay high; notes low hydro levels

Trustpower affirms earnings guidance as wholesale prices stay high; notes low hydro levels

By Paul McBeth Jan. 19 (BusinessDesk) - Trustpower affirmed annual earnings guidance, having raised its outlook three times this financial year on strong wholesale electricity prices, and noted the low hydro lake levels are threatening to trigger a high-priced event in 2018. ...

Paul McBeth 18 Jan 2018
OceanaGold's Macraes gold mine misses production target

OceanaGold's Macraes gold mine misses production target

By Paul McBeth Jan. 19 (BusinessDesk) - OceanaGold Corp's Macraes gold mine in Otago missed its production target for 2017, taking longer to access higher grade ore than anticipated, but expects increased extraction this year.  The Melbourne-based mining operator produced 1...

Paul McBeth 18 Jan 2018
NZ manufacturing activity falls sharply in December as firms await clarity

NZ manufacturing activity falls sharply in December as firms await clarity

By Rebecca Howard Jan. 19 (BusinessDesk) - New Zealand's manufacturing activity fell a five-year low in December as businesses deferred major decisions until there is more clarity after the change in the government, echoing the downbeat sentiment in this week's business confid...

Rebecca Howard 18 Jan 2018
Prime Minister Jacinda Ardern pregnant, Winston Peters to step in as acting PM

Prime Minister Jacinda Ardern pregnant, Winston Peters to step in as acting PM

Sophie Boot 18 Jan 2018
NZ dollar gains as threat of US govt shutdown weighs on greenback

NZ dollar gains as threat of US govt shutdown weighs on greenback

Paul McBeth 18 Jan 2018
While you were sleeping: Wall St pauses after Dow climbs to record

While you were sleeping: Wall St pauses after Dow climbs to record

Margreet Dietz 18 Jan 2018
MARKET CLOSE: NZ shares mixed, Fisher & Paykel, Air NZ drop while Kiwi Property rebounds

MARKET CLOSE: NZ shares mixed, Fisher & Paykel, Air NZ drop while Kiwi Property rebounds

Sophie Boot 18 Jan 2018
NZ dollar steadies after sharp fall, US bear run may not be over

NZ dollar steadies after sharp fall, US bear run may not be over

Rebecca Howard 18 Jan 2018
Mycoplasma bovis now on 17 farms but MPI says eradication still firmly on table

Mycoplasma bovis now on 17 farms but MPI says eradication still firmly on table

Rebecca Howard 18 Jan 2018
ASX-listed Bod Australia signs deal to produce hemp-based mānuka honey

ASX-listed Bod Australia signs deal to produce hemp-based mānuka honey

Sophie Boot 18 Jan 2018
NZ dollar drops more than half a US cent on upbeat Fed report, Apple's US$38B tax bill

NZ dollar drops more than half a US cent on upbeat Fed report, Apple's US$38B tax bill

Rebecca Howard 17 Jan 2018
Chorus connections keep falling in December quarter, expects data usage to grow in 2018

Chorus connections keep falling in December quarter, expects data usage to grow in 2018

Paul McBeth 17 Jan 2018
Fletcher Building didn't breach NZX rules in earnings downgrades, NZX finds

Fletcher Building didn't breach NZX rules in earnings downgrades, NZX finds

Sophie Boot 17 Jan 2018
NZ Refining lifts 2017 fee revenue 19%; signals growing pipeline capacity

NZ Refining lifts 2017 fee revenue 19%; signals growing pipeline capacity

Paul McBeth 17 Jan 2018
NZ house sales slump in December but prices still firm

NZ house sales slump in December but prices still firm

Rebecca Howard 17 Jan 2018
France's Ingenico eyes broader services with $190M Paymark acquisition

France's Ingenico eyes broader services with $190M Paymark acquisition

Paul McBeth 17 Jan 2018
NZ dollar gains as possible US govt shutdown looms

NZ dollar gains as possible US govt shutdown looms

Paul McBeth 17 Jan 2018
While you were sleeping: Boeing rallies on seating joint venture

While you were sleeping: Boeing rallies on seating joint venture

Margreet Dietz 17 Jan 2018
MARKET CLOSE: NZ shares mixed, Synlait, A2, Fisher & Paykel gain

MARKET CLOSE: NZ shares mixed, Synlait, A2, Fisher & Paykel gain

Sophie Boot 17 Jan 2018
NZ dollar falls vs Aussie on strong consumer confidence across Tasman

NZ dollar falls vs Aussie on strong consumer confidence across Tasman

Rebecca Howard 17 Jan 2018
NZ commodity prices fall in December while stronger kiwi cuts export earnings

NZ commodity prices fall in December while stronger kiwi cuts export earnings

Sophie Boot 17 Jan 2018
Ross Asset liquidators to chase 10 investors for funds

Ross Asset liquidators to chase 10 investors for funds

Paul McBeth 16 Jan 2018
Banks Shoes chain sold for $2.3 mln, covering BNZ loan

Banks Shoes chain sold for $2.3 mln, covering BNZ loan

Paul McBeth 16 Jan 2018
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