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NZ terms of trade rise 4.4% in March quarter on cheap imported petrol
By Paul McBeth June 1 (BusinessDesk) - New Zealand's terms of trade unexpectedly rose in the first three months of the year as cheap petrol pushed down import prices while export prices were little changed. The merchandise goods terms of trade, which measures the purchasin...
NZ Merino inks 5-year, $45M contract with Italy's Reda, supplier to Armani, Gucci
By Tina Morrison June 1 (BusinessDesk) - The New Zealand Merino Company, which markets the nation's wool to customers on behalf of suppliers, has signed a five-year, $45 million deal to supply fine wool to Italian luxury fabric manufacturer Successori Reda, its longest-ever co...
Oceania Natural lifts annual profit but misses guidance
By Sophie Boot June 1 (BusinessDesk) - Oceania Natural, the food supplements maker which listed on the NXT at the end of March, lifted annual profit as revenue more than doubled, although it missed its earnings guidance. Net profit rose to $182,584 in the year ended March 3...
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