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Kiwi startup Little Island starts coconut milk exports to Australia and the US
By Fiona Rotherham Aug. 18 (BusinessDesk) - Kiwi food and beverage company Little Island Coconut Creamery is moving into exports of coconut milk, kicking off in Australia and then expanding into the US state of California early next year to take advantage of a global trend to...
While you were sleeping: US rates on hold
By Margreet Dietz Aug. 18 (BusinessDesk) - US Treasuries rose while Wall Street fluctuated, paring earlier losses, after minutes from the July Federal Reserve meeting showed US policy makers might be less in a rush to raise interest rates than thought. On Tuesday, New York...
MARKET CLOSE: NZ shares gain; Fletcher Building up on outlook, NZX falls
By Sophie Boot Aug. 17 (BusinessDesk) - New Zealand shares rose on Fletcher Building's positive annual earnings and outlook, while NZX dropped after posting first-half results that included costs of its legal battle with Ralec. The S&P/NZX 50 Index gained 44.34 points, or 0...
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