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Question mark over whether Air NZ's sale of Virgin shares will spark special dividend

Question mark over whether Air NZ's sale of Virgin shares will spark special dividend

By Fiona Rotherham June 10 (BusinessDesk) - There are mixed views on whether Air New Zealand is likely to pay shareholders a special dividend following the sale of a 19.98 percent stake in Virgin Australia to Chinese conglomerate Nanshan Group for about A$268 million. The d...

Fiona Rotherham 10 Jun 2016
Kiwi tech incubator Powerhouse invests in trans-Tasman collaboration for cancer detection probe

Kiwi tech incubator Powerhouse invests in trans-Tasman collaboration for cancer detection probe

By Fiona Rotherham June 10 (BusinessDesk) - Technology incubator Powerhouse Ventures is backing a new company developing a cancer-detecting magnetic probe based on collaborative Australia and New Zealand university research. Wellington-based nanoparticle specialist Boutiq S...

Fiona Rotherham 10 Jun 2016
BP New Zealand more than triples annual profit as petrol chains widen margins on cheap oil

BP New Zealand more than triples annual profit as petrol chains widen margins on cheap oil

By Sophie Boot June 10 (BusinessDesk) - The New Zealand division of British Petroleum, one of the world's largest oil and gas companies, more than tripled net profit in 2015 even as revenue fell, joining the country's major petrol chains in fattening margins due to plunging oi...

Sophie Boot 10 Jun 2016
Google NZ gets less revenue from parent in 2015; still dominates online ads

Google NZ gets less revenue from parent in 2015; still dominates online ads

Paul McBeth 10 Jun 2016
Shareholders send Fonterra back to drawing board after constitutional changes fail to attract enough votes

Shareholders send Fonterra back to drawing board after constitutional changes fail to attract enough votes

Jonathan Underhill 10 Jun 2016
UPDATE: Stride plans to demerge and list property subsidiary in strategy to keep tax status

UPDATE: Stride plans to demerge and list property subsidiary in strategy to keep tax status

Sophie Boot 10 Jun 2016
NZ guest nights rise to a record in April, as tourism scales new peaks

NZ guest nights rise to a record in April, as tourism scales new peaks

Tina Morrison 09 Jun 2016
NZ credit, debt card retail spending slips in May, first decline in 13 months

NZ credit, debt card retail spending slips in May, first decline in 13 months

Paul McBeth 09 Jun 2016
Air NZ sells stake in Virgin Australia to Chinese-based Nanshan Group

Air NZ sells stake in Virgin Australia to Chinese-based Nanshan Group

Tina Morrison 09 Jun 2016
NZ dollar little changed at elevated levels after RBNZ keeps rates on hold

NZ dollar little changed at elevated levels after RBNZ keeps rates on hold

Tina Morrison 09 Jun 2016
While you were sleeping: Stocks take breather

While you were sleeping: Stocks take breather

Margreet Dietz 09 Jun 2016
UPDATE: ANZ, Westpac impose new restrictions on overseas property buyers

UPDATE: ANZ, Westpac impose new restrictions on overseas property buyers

09 Jun 2016
MARKET CLOSE: NZ shares drop; Spark falls, SkyTV gains on Vodafone merger plan

MARKET CLOSE: NZ shares drop; Spark falls, SkyTV gains on Vodafone merger plan

Sophie Boot 09 Jun 2016
NZ dollar soars above 71 US cents as RBNZ keeps OCR unchanged, frets about heated housing market

NZ dollar soars above 71 US cents as RBNZ keeps OCR unchanged, frets about heated housing market

Jonathan Underhill 09 Jun 2016
ANZ, Westpac impose new restrictions on overseas property buyers

ANZ, Westpac impose new restrictions on overseas property buyers

Edwin Mitson 09 Jun 2016
UPDATE: RBNZ's cost of waiting 'much lower' as strong kiwi, house prices pose risks

UPDATE: RBNZ's cost of waiting 'much lower' as strong kiwi, house prices pose risks

Paul McBeth 09 Jun 2016
Ralec avoids revealing who is funding its counter-claim against NZX

Ralec avoids revealing who is funding its counter-claim against NZX

Sophie Boot 09 Jun 2016
Weak global milk prices may rebound sooner than expected as supply meets demand, Guy says

Weak global milk prices may rebound sooner than expected as supply meets demand, Guy says

Tina Morrison 09 Jun 2016
A Sky TV/Vodafone merger means consumers will be offered a "quad" play by adding mobile

A Sky TV/Vodafone merger means consumers will be offered a "quad" play by adding mobile

Fiona Rotherham 09 Jun 2016
IRD owed $7 mln by Graeme Hart's UCI Holdings, judgment shows

IRD owed $7 mln by Graeme Hart's UCI Holdings, judgment shows

Paul McBeth 09 Jun 2016
Sky TV shares surge, Spark falls on Vodafone merger

Sky TV shares surge, Spark falls on Vodafone merger

Jonathan Underhill 09 Jun 2016
Nano magnetic material researcher gains $20,000 grant to work with industry

Nano magnetic material researcher gains $20,000 grant to work with industry

Fiona Rotherham 08 Jun 2016
Eastland Group posts 7.8% gain in full-year profit, lift dividend

Eastland Group posts 7.8% gain in full-year profit, lift dividend

Jonathan Underhill 08 Jun 2016
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