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NZ business confidence slips from 19-month high as agriculture turns gloomy
March 27 (BusinessDesk) - New Zealand business confidence fell from a 19-month high in March as the agricultural sector turned gloomy, seeing falling profits and less employment as drought prevails in the North Island. A net 35 percent of firms expect general business condition...
Telecom launches residential UFB with cheapest option at $95 a month
By Paul McBeth March 27 (BusinessDesk) - Telecom Corp, which is in the process of overhauling its business, has launched its pricing plans for ultra-fast broadband, with the cheapest option available at $95 a month. The country's biggest phone company is offering national pric...
Fonterra to slash Australian brands to restore profitability as rivalry intensifies
March 27 (BusinessDesk) – Fonterra Cooperative Group plans to slash its consumer brands in Australia to restore profitability as competition intensifies for both milk supply and retail sales. The company’s ANZ division, which produces consumer products and ingredients in Austra...
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