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Comvita buys Whanganui-based Kiwi Honey for undisclosed sum
By Paul McBeth Oct. 2 (BusinessDesk) - Comvita, which makes products based on the virtues of Manuka honey, has ramped up its supply buying Whanganui-based Kiwi Honey for an undisclosed sum. The Te Puke-based company will add 3,500 beehives to its supply base after buying the a...
While you were sleeping US manufacturing advances
By Margreet Dietz Oct 2 (BusinessDesk) - Equities received a lift from unexpected growth in US manufacturing, underpinning hopes that the slowdown in the world's largest economy might be a little less than feared. A report today showed that the Institute for Supply Management’s...
Vodafone NZ boosts profit 16 percent as settlements take sting out of regulation
By Paul McBeth Oct. 1 (BusinessDesk) - Vodafone New Zealand, the country's biggest mobile phone operator, boosted annual profit 16 percent after reaching settlements with rival Telecom, taking the sting out of its warning that regulation would eat into this year's earnings. Ne...
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