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NZ manufacturing activity slows in February as employment drops

NZ manufacturing activity slows in February as employment drops

By Sophie Boot March 11 (BusinessDesk) - New Zealand manufacturing activity slowed in February, with employment dropping to its lowest level in two-and-a-half years. The BNZ-BusinessNZ performance of manufacturing index fell to a seasonally adjusted 56 last month from 58 in...

Sophie Boot 10 Mar 2016
Trustpower to proceed with demerger, shareholders to vote in July

Trustpower to proceed with demerger, shareholders to vote in July

By Paul McBeth March 11 (BusinessDesk) - Trustpower is going ahead with plans to spin out its windfarms and renewable development pipeline into a separate business, and will put the demerger to a shareholder vote in July.  The Tauranga-based company expects to send out docu...

Paul McBeth 10 Mar 2016
GeoOp narrows 1H loss, buys Australia app developer InterfaceIT for $9M

GeoOp narrows 1H loss, buys Australia app developer InterfaceIT for $9M

By Sophie Boot March 11 (BusinessDesk) - GeoOp, the workforce management app developer, narrowed its first-half loss as revenue nearly doubled, and said it's bought Australian mobile sales application developer InterfaceIT. The Auckland-based company reported a loss of $1.8...

Sophie Boot 10 Mar 2016