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While you were sleeping: Oil outlook still clouded

While you were sleeping: Oil outlook still clouded

By Margreet Dietz Feb. 17 (BusinessDesk) - Wall Street rallied, even as a gain in oil prices fizzled, as investors found value in some beaten-down stocks. In 1.09pm New York trading, the Dow Jones Industrial Average climbed 1.3 percent, while the Nasdaq Composite Index surg...

Margreet Dietz 16 Feb 2016
Dairy product prices slip, declining for fourth straight auction in 2016

Dairy product prices slip, declining for fourth straight auction in 2016

By Margreet Dietz Feb. 17 (BusinessDesk) - Dairy product prices fell in the latest GlobalDairyTrade auction, sliding for the fourth consecutive time in 2016, as concern about worldwide oversupply weighs on sentiment. The GDT average winning price decreased 2.8 percent to US...

Margreet Dietz 16 Feb 2016
MARKET CLOSE: NZ shares rise with global rally on China, ECB; A2, Xero, Summerset gain

MARKET CLOSE: NZ shares rise with global rally on China, ECB; A2, Xero, Summerset gain

By Jonathan Underhill Feb. 16 (BusinessDesk) - New Zealand shares rose as part of a global rally underpinned by more stable Chinese equities and comments from the European Central Bank that it will do whatever it takes to underpin the regional economy. A2 Milk, Xero and Summer...

Jonathan Underhill 16 Feb 2016
Fairfax plans to axe 70 jobs, mainly in Wellington, to outsource subbing to Pagemasters

Fairfax plans to axe 70 jobs, mainly in Wellington, to outsource subbing to Pagemasters

Jonathan Underhill 16 Feb 2016
Foley Family Wines profits up on export jump to US

Foley Family Wines profits up on export jump to US

Edwin Mitson 16 Feb 2016
NZ dollar drops as inflation expectations fall stirs rate cut speculation

NZ dollar drops as inflation expectations fall stirs rate cut speculation

Paul McBeth 16 Feb 2016
All Black underwear sponsorship deal with Jockey boosts first-half sales 5%

All Black underwear sponsorship deal with Jockey boosts first-half sales 5%

Fiona Rotherham 16 Feb 2016
Zespri makes Psa resistant Gold3 kiwifruit central to its future

Zespri makes Psa resistant Gold3 kiwifruit central to its future

Edwin Mitson 16 Feb 2016
NZ inflation expectations slump to lowest in more than 20 years

NZ inflation expectations slump to lowest in more than 20 years

Jonathan Underhill 16 Feb 2016
Opus annual profit drops 36% on Canadian unit write-down, fattens dividend

Opus annual profit drops 36% on Canadian unit write-down, fattens dividend

Paul McBeth 16 Feb 2016
Cinema management software company Vista says no explanation for sudden share price drop

Cinema management software company Vista says no explanation for sudden share price drop

Fiona Rotherham 16 Feb 2016
Govt has room to shift spending around over next two years, English says

Govt has room to shift spending around over next two years, English says

Paul McBeth 16 Feb 2016
Open Country Dairy posts record annual profit in 2015

Open Country Dairy posts record annual profit in 2015

Tina Morrison 16 Feb 2016
Wood processor Tenon triples profit on US housing recovery, says strategic review on-going

Wood processor Tenon triples profit on US housing recovery, says strategic review on-going

Fiona Rotherham 16 Feb 2016
English sets May 26 for NZ's annual budget

English sets May 26 for NZ's annual budget

Pattrick Smellie 15 Feb 2016
Pacific Brands returns to profit, reinstates dividend

Pacific Brands returns to profit, reinstates dividend

Fiona Rotherham 15 Feb 2016
NZ retail sales rise 1.2% in final quarter of 2015, led by tourism, housing activity

NZ retail sales rise 1.2% in final quarter of 2015, led by tourism, housing activity

Tina Morrison 15 Feb 2016
OMV farms out 30% of deep-sea Pegasus oil licence to Statoil

OMV farms out 30% of deep-sea Pegasus oil licence to Statoil

Pattrick Smellie 15 Feb 2016
Broadspectrum says NZ OIO 'unlikely' to rule on Ferrovial bid before expiry next month

Broadspectrum says NZ OIO 'unlikely' to rule on Ferrovial bid before expiry next month

Paul McBeth 15 Feb 2016
Landcorp won't renew sharemilking contract with Shanghai Pengxin in 2017

Landcorp won't renew sharemilking contract with Shanghai Pengxin in 2017

Jonathan Underhill 15 Feb 2016
Westpac to pay $4M to customers it overcharged for Aussie dollars

Westpac to pay $4M to customers it overcharged for Aussie dollars

Sophie Boot 15 Feb 2016
NZOG chairman Peter Griffiths steps down unexpectedly

NZOG chairman Peter Griffiths steps down unexpectedly

Paul McBeth 15 Feb 2016
NZ dollar gains vs. euro after ECB's Draghi hints at potential for more stimulus

NZ dollar gains vs. euro after ECB's Draghi hints at potential for more stimulus

Tina Morrison 15 Feb 2016
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