All News
NZ dollar weakens after positive US data
By Tina Morrison Nov 28 (BusinessDesk) – The New Zealand dollar weakened as investors bet positive US data increases the chances the Federal Reserve will taper its monetary stimulus soon, bolstering the greenback. The kiwi slipped to 81.24 US cents at 8am in Wellington, from 81...
While you were sleeping Jobless claims, HP surprise
By Margreet Dietz Nov 28 (BusinessDesk) – Wall Street advanced amid better-than-expected US jobs data and earnings including from Hewlett-Packard, bolstering optimism about the outlook for the world's largest economy and corporate profits. Shares of Hewlett-Packard jumped, last...
Pengxin, Synlait founders cross 90 percent threshold in Synlait Farms takeover
Nov. 27 (BusinessDesk) - Shanghai Pengxin, which bought the Crafar family farms in a controversial deal last year, and the Synlait founders have cross the 90 percent compulsory acquisition threshold in their $85.7 million takeover bid for Synlait Farms. SFL Holdings, a joint v...
Prev
