All News
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...
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...
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,...