All News

NZ dollar gains, bolstered by RBA minutes, strong dairy prices

NZ dollar gains, bolstered by RBA minutes, strong dairy prices

By Paul McBeth July 17 (BusinessDesk) - The New Zealand dollar gained ahead of US Federal Reserve chairman Ben Benanke’s congressional testimony as speculative investors pare back their bets on the greenback, and was bolstered by Reserve Bank of Australia minutes talking down th...

16 Jul 2013
While you were sleeping Coca-Cola disappoints

While you were sleeping Coca-Cola disappoints

By Margreet Dietz July 17 (BusinessDesk) - Wall Street retreated from record highs as investors were disappointed with corporate earnings such as from Coca-Cola and awaited Federal Reserve Chairman Ben Bernanke's testimonial before Congress, beginning tomorrow. Shares of Coca-C...

16 Jul 2013
Contact, Genesis at greatest risk from Tiwai closure, S and P says

Contact, Genesis at greatest risk from Tiwai closure, S and P says

July 16 (BusinessDesk) – Contact Energy and state-owned Genesis Energy are the two power companies most at risk if the Tiwai Point aluminium smelter closes, says a senior Standard & Poors analyst, Richard Creed. In an interview televised on the Reuters Insider programme, Creed,...

16 Jul 2013