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AA, founders sells 55 percent of Bookabach site to Texas-based HomeAway

AA, founders sells 55 percent of Bookabach site to Texas-based HomeAway

Nov. 7 (BusinessDesk) – The New Zealand Automobile Association has sold its stake in online holiday home booking site Bookabach to HomeAway, a global vacation rental home company based Austin, Texas. The deal includes Bookastay, an Australian affiliate, HomeAway said in a state...

06 Nov 2013
NZ dollar rises above 84 US cents after stronger labour market data signals rate hikes next year

NZ dollar rises above 84 US cents after stronger labour market data signals rate hikes next year

By Tina Morrison Nov. 7 (BusinessDesk) – The New Zealand dollar rose above 84 US cents overnight after stronger-than-expected labour market data affirmed bets a strengthening economy will require rate hikes next year. The kiwi touched a high of 84.14 US cents overnight, rising...

06 Nov 2013
While you were sleeping Dow advances to record

While you were sleeping Dow advances to record

By Margreet Dietz Nov 7 (BusinessDesk) - The Dow Jones Industrial Average rose to a record as investors bet that the latest economic and jobs reports will confirm weak growth and prompt the US Federal Reserve to maintain its monetary stimulus into the new year. In afternoon tra...

06 Nov 2013
Fonterra snaffles distressed Tasmanian yoghurt-maker

Fonterra snaffles distressed Tasmanian yoghurt-maker

06 Nov 2013
MARKET CLOSE NZX 50 sets new record; Xero, Ryman rise, Chorus drops

MARKET CLOSE NZX 50 sets new record; Xero, Ryman rise, Chorus drops

06 Nov 2013
Govt unveils New Zealand Story toolkit for export businesses

Govt unveils New Zealand Story toolkit for export businesses

06 Nov 2013
NZ dollar gains as jobs growth beats forecasts, stokes rate hike expectations

NZ dollar gains as jobs growth beats forecasts, stokes rate hike expectations

06 Nov 2013
TrustPower 1H earnings fall 8 percent amid lower generation; shares drop

TrustPower 1H earnings fall 8 percent amid lower generation; shares drop

06 Nov 2013
S and P joins Moody’s in reviewing Chorus credit rating after pricing review

S and P joins Moody’s in reviewing Chorus credit rating after pricing review

06 Nov 2013
Chorus credit rating on review for downgrade by Moody’s on pricing review

Chorus credit rating on review for downgrade by Moody’s on pricing review

06 Nov 2013
Briscoe says third quarter sales rise 6.2 percent , forecasts annual profit will rise

Briscoe says third quarter sales rise 6.2 percent , forecasts annual profit will rise

05 Nov 2013
UPDATED Strength of NZ labour market stokes talk of rate hikes; kiwi gains

UPDATED Strength of NZ labour market stokes talk of rate hikes; kiwi gains

05 Nov 2013
NZ unemployment rate slips to 6.2 percent as companies hire workers; kiwi jumps

NZ unemployment rate slips to 6.2 percent as companies hire workers; kiwi jumps

05 Nov 2013
NZ dollar advances to week-high as kiwi favoured over Aussie

NZ dollar advances to week-high as kiwi favoured over Aussie

05 Nov 2013
Govt to shake-up construction sector in bid cut building material costs

Govt to shake-up construction sector in bid cut building material costs

05 Nov 2013
Nuplex forecasts lift in 2014 earnings, largely flat markets

Nuplex forecasts lift in 2014 earnings, largely flat markets

05 Nov 2013
While you were sleeping Data points to US expansion

While you were sleeping Data points to US expansion

05 Nov 2013
Dairy product prices fall 1.8 percent in GDT auction, led by whole milk powder, butter

Dairy product prices fall 1.8 percent in GDT auction, led by whole milk powder, butter

05 Nov 2013
Government puts $900K into taking WOW global

Government puts $900K into taking WOW global

05 Nov 2013
MARKET CLOSE NZ shares gain; Xero, Ryman, Summerset at record, Chorus drops

MARKET CLOSE NZ shares gain; Xero, Ryman, Summerset at record, Chorus drops

05 Nov 2013
Australia’s central bank keeps rates on hold, ‘uncomfortably high’ currency falls after statement

Australia’s central bank keeps rates on hold, ‘uncomfortably high’ currency falls after statement

05 Nov 2013
NZ dollar gains vs. Aust counterpart as RBA says currency ‘still uncomfortably high’

NZ dollar gains vs. Aust counterpart as RBA says currency ‘still uncomfortably high’

05 Nov 2013
Auditor gives mixed report on EQC for Christchurch rebuild

Auditor gives mixed report on EQC for Christchurch rebuild

05 Nov 2013
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