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NZ dollar pares some losses against euro on profit taking

NZ dollar pares some losses against euro on profit taking

By Rebecca Howard Aug. 28 (BusinessDesk) - The New Zealand dollar clawed back some of its losses against the euro, likely on some profit taking after it touched a 15-month low in early trading. The kiwi dollar traded at 60.70 euro cents as at 5pm from 60.51 euro cents as at...

Rebecca Howard 28 Aug 2017
Hawke's Bay Regional Council to vote on ending Ruataniwha funding, writing-off $14M debt

Hawke's Bay Regional Council to vote on ending Ruataniwha funding, writing-off $14M debt

By Jonathan Underhill Aug. 28 (BusinessDesk) - The Hawke's Bay Regional Council will vote this week on whether to stop any further investment in the Ruataniwha Water Storage Scheme and write-off a $14 million debt owed by its investment company. The vote on Wednesday comes...

Jonathan Underhill 28 Aug 2017
Fonterra's NZ milk collection in season to date rises 10.4%, Australian collection up 28%

Fonterra's NZ milk collection in season to date rises 10.4%, Australian collection up 28%

By Jonathan Underhill Aug. 28 (BusinessDesk) - Fonterra Cooperative Group says its New Zealand milk collection in the first two months of the season is up 10.4 percent, although it has eased as incentives to boost winter production finish. The company collected 29 million k...

Jonathan Underhill 28 Aug 2017
Abano Healthcare completes $35 million capital raising, including shortfall

Abano Healthcare completes $35 million capital raising, including shortfall

Rebecca Howard 28 Aug 2017
Labour would seek to hit up tourists for a $25 levy

Labour would seek to hit up tourists for a $25 levy

Rebecca Howard 28 Aug 2017
Delegat meets guidance as FY operating profit gains 6% to record, sees similar in 2018

Delegat meets guidance as FY operating profit gains 6% to record, sees similar in 2018

Jonathan Underhill 28 Aug 2017
CORRECT: Prince and Partners admits failings as trustee, reaches $4.5M settlement with FMA

CORRECT: Prince and Partners admits failings as trustee, reaches $4.5M settlement with FMA

Rebecca Howard 28 Aug 2017
Chorus doubles down on fixed network as outlook dims

Chorus doubles down on fixed network as outlook dims

Paul McBeth 28 Aug 2017
Restaurant Brands buys 10 KFC stores in NSW from Yum for A$27.5M

Restaurant Brands buys 10 KFC stores in NSW from Yum for A$27.5M

Jonathan Underhill 28 Aug 2017
John Benton extends wine-making reach, adding Pask Winery stake to Jackson Estate

John Benton extends wine-making reach, adding Pask Winery stake to Jackson Estate

Jonathan Underhill 27 Aug 2017
Metlifecare FY profit up 10%, sees no impact from housing market slowdown

Metlifecare FY profit up 10%, sees no impact from housing market slowdown

Rebecca Howard 27 Aug 2017
Chorus annual profit climbs 24% as cost-cutting drive takes effect

Chorus annual profit climbs 24% as cost-cutting drive takes effect

Paul McBeth 27 Aug 2017
Methven posts 25% drop in annual profit, sees 10% growth in 2018

Methven posts 25% drop in annual profit, sees 10% growth in 2018

Sophie Boot 27 Aug 2017
NZ dollar drops to 15-month low vs euro after Draghi fails to voice concern

NZ dollar drops to 15-month low vs euro after Draghi fails to voice concern

Jonathan Underhill 27 Aug 2017
World Week Ahead: US tax reform, jobs

World Week Ahead: US tax reform, jobs

Jonathan Underhill 27 Aug 2017
Wellington Drive creeps closer to the black as sales climb 27%

Wellington Drive creeps closer to the black as sales climb 27%

Paul McBeth 25 Aug 2017
MARKET CLOSE: NZ shares down, Metro Glass at record low while A2, Comvita gain

MARKET CLOSE: NZ shares down, Metro Glass at record low while A2, Comvita gain

Sophie Boot 25 Aug 2017
Commerce Commission files civil proceedings against Harmoney over platform fees

Commerce Commission files civil proceedings against Harmoney over platform fees

Paul McBeth 25 Aug 2017
NZ dollar heading for 1.5% weekly decline; eyes on Jackson Hole

NZ dollar heading for 1.5% weekly decline; eyes on Jackson Hole

Rebecca Howard 25 Aug 2017
Marsden Maritime annual profit slips 17% on smaller property value gains

Marsden Maritime annual profit slips 17% on smaller property value gains

Paul McBeth 25 Aug 2017
CORRECT: KiwiRail's net loss widens and operating surplus falls on earthquake impact

CORRECT: KiwiRail's net loss widens and operating surplus falls on earthquake impact

Rebecca Howard 25 Aug 2017
Port of Tauranga, 'bluest of NZ blue chips' achieves record volumes, earns 'sell' rating

Port of Tauranga, 'bluest of NZ blue chips' achieves record volumes, earns 'sell' rating

Jonathan Underhill 25 Aug 2017
New NPT board plans to keep annual dividend steady at 3.6 cents per share

New NPT board plans to keep annual dividend steady at 3.6 cents per share

Rebecca Howard 25 Aug 2017
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