All News

NZ dollar falls as European jitters re-emerge, sapping appetite for risk-sensitive assets

NZ dollar falls as European jitters re-emerge, sapping appetite for risk-sensitive assets

By Paul McBeth Sept. 24 (BusinessDesk) - The New Zealand dollar fell in local trading as re-emerging fears about the health of Europe's heavily indebted economies sapped investors' appetite for higher-yielding, or riskier, assets and pushed stocks down across Asia. The kiwi fe...

24 Sep 2012
Scott Technologies, Robotic JV win $11M Australian meat processing contract

Scott Technologies, Robotic JV win $11M Australian meat processing contract

By Hannah Lynch Sept. 24 (BusinessDesk) - Scott Technologies and Robotic Technologies have won a contract to provide lamb deboning room automation for two Australian meat processes, valued at $11 million. Meat processing companies the Australian Lamb Company and JBS Australia...

24 Sep 2012
UPDATE2 Nuplex plant closures, writedowns to cut 2013 profit; shares drop

UPDATE2 Nuplex plant closures, writedowns to cut 2013 profit; shares drop

(Adds company comment, estimate of job losses, adds detail of operations at Penrose being retained) By Jonathan Underhill Sept. 24 (BusinessDesk) – Nuplex Industries will close four plants in Australia and New Zealand in the next two years as the trading outlook dims, eliminati...

24 Sep 2012