Retail

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Meridian to supply Australian online retailer Kogan.com
Infrastructure

Meridian to supply Australian online retailer Kogan.com

By Gavin Evans June 24 (BusinessDesk) - Meridian Energy’s Australian business has agreed to supply power and gas to a new energy service being started by online retailer Kogan.com. The multi-year agreement is expected to take effect before the end of 2019. Powershop will su...

Gavin Evans 24 Jun 2019
NZ consumer confidence still downbeat in June quarter
Economy

NZ consumer confidence still downbeat in June quarter

By Rebecca Howard June 18 (BusinessDesk) - New Zealand households remain downbeat with consumer confidence dipping in June and remaining at below average levels, the latest Westpac McDermott Miller survey shows. The consumer confidence index fell 0.3 points to 103.5 in the...

Rebecca Howard 17 Jun 2019
NZ dollar lower on stronger than expected US retail data
Markets

NZ dollar lower on stronger than expected US retail data

By Rebecca Howard June 17 (BusinessDesk) - The New Zealand dollar was trading lower after stronger than expected US retail data ahead of the Federal Reserve's meeting this week.  The kiwi was trading at 64.91 US cents from 65.34 US cents at 5pm in Wellington Friday. The tra...

Rebecca Howard 16 Jun 2019
Burger Fuel turns to profit as it changes direction

Burger Fuel turns to profit as it changes direction

By Jenny Ruth June 14 (BusinessDesk) - Burger Fuel Worldwide says it posted a $1.2 million net profit for the year ended March, a turnaround from the previous year’s $463,000 net loss, as it transitions to a new business model. Sales fell 15 percent to $21 million, mostly r...

Jenny Ruth 14 Jun 2019