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NZ softwood log exports hit new record in 2017, raising ire of wood processors

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...

Tina Morrison 10 Jan 2018
OGOG declares partial NZOG takeover unconditional

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...

Paul McBeth 10 Jan 2018
Warehouse expects first-half earnings to fall by up to 28%

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...

Rebecca Howard 10 Jan 2018