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NZ softwood log exports hit new record in 2017, raising ire of wood processors
By Tina Morrison Jan. 11 (BusinessDesk) - New Zealand log exports hit a new record last year, underscoring the concerns of local manufacturers that the country is sending too many unprocessed logs overseas, posing a threat for local timber supply in the future and undermining...
OGOG declares partial NZOG takeover unconditional
By Paul McBeth Jan. 11 (BusinessDesk) - OG Oil & Gas has declared its partial takeover for New Zealand Oil & Gas unconditional, having achieved more than enough support to take control of the NZX-listed energy explorer and producer. The Ofer Global unit today waived the ou...
Warehouse expects first-half earnings to fall by up to 28%
By Rebecca Howard Jan. 11 (BusinessDesk) - Warehouse Group expects first-half adjusted earnings from continuing operations to fall 22-to-28 percent as it keeps investing to transform the business. The Auckland-based company said first-half adjusted net profit from continui...