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New Zealand (NZ) Stories - Page 371

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New Zealand (NZ) stories

'We're not going away,' says seabed miner, as EPA appeal dropped
Chatham Rock Phosphate

'We're not going away,' says seabed miner, as EPA appeal dropped

Would-be seabed miner Trans-Tasman Resources has dropped its appeal against its rejected proposal to vacuum ironsands off the ocean floor far offsh.

By Pattrick Smellie • 4 min read • Fri, 12th Dec 2014
Stulz to develop NZ reseller channel with launch of data centre optimisation service
Hyperscale

Stulz to develop NZ reseller channel with launch of data centre optimisation service

Stulz will be developing its reseller channel in New Zealand during 2015 and providing the data centre optimisation service through these new partners.

By Shannon Williams • 2 min read • Tue, 9th Dec 2014
Whey protein inquiry calls for tighter rules after missteps lead to botulism scare
Risk & Compliance

Whey protein inquiry calls for tighter rules after missteps lead to botulism scare

Stage two of a government inquiry into Fonterra Cooperative Group's whey protein contamination scare has recommended the Ministry for Primary Indus.

By Pattrick Smellie • 3 min read • Tue, 9th Dec 2014
Michael Hill knuckles down on North American market, CEO Parsell says
Shares

Michael Hill knuckles down on North American market, CEO Parsell says

Michael Hill International, the jewellery retailer named for its founder, is bedding in a strategy to gain traction in North America, which it even.

By Pattrick Smellie • 3 min read • Thu, 4th Dec 2014

Stories from Other Regions

New Zealand (NZ) stories

Greenback slips to third in NZ's expanded TWI, yuan at second
Reserve Bank of New Zealand

Greenback slips to third in NZ's expanded TWI, yuan at second

The US dollar's weighting has slipped in the Reserve Bank of New Zealand's new trade-weighted index, which adds the Chinese yuan to a line-up of 17.

By Pattrick Smellie • 2 min read • Mon, 15th Dec 2014
Trustpower committed to Australian renewables projects
Power / Energy

Trustpower committed to Australian renewables projects

Tauranga-based electricity company Trustpower says it remains committed to its renewable energy projects in Australia, in spite of the uncertainty.

By Pattrick Smellie • 2 min read • Mon, 15th Dec 2014
RBNZ sees 44% bounce in whole milk powder in 2015
Endpoint Protection

RBNZ sees 44% bounce in whole milk powder in 2015

The Reserve Bank expects whole milk powder prices to rise by about 44 percent next year as the slump in global prices this year prompts less compet.

By Pattrick Smellie • 3 min read • Thu, 11th Dec 2014
Civil servant bosses income falls to 2008 levels in 2014
New Zealand Racing Board

Civil servant bosses income falls to 2008 levels in 2014

Senior New Zealand public servants' and chief executives' total collective pay is at the lowest level in six years and is expected to stay low base.

By Pattrick Smellie • 3 min read • Thu, 11th Dec 2014
Tame NZ inflation expectations may still be too high, RBNZ says
Inflation

Tame NZ inflation expectations may still be too high, RBNZ says

Tame expectations for increases in New Zealand consumer price increases could still be too high, and the Reserve Bank is reviewing the way it asses.

By Pattrick Smellie • 3 min read • Thu, 11th Dec 2014
Bunnings triples annual profit in NZ as pickup in construction spurs demand
Fletcher Building

Bunnings triples annual profit in NZ as pickup in construction spurs demand

Bunnings, the hardware chain owned by Australian Wesfarmers, more than tripled annual profit in New Zealand, as a booming property market stoked de.

By Pattrick Smellie • 2 min read • Wed, 10th Dec 2014
Hallenstein Glasson sales up on last year, margins improve, chairman Bell says
Data Analytics

Hallenstein Glasson sales up on last year, margins improve, chairman Bell says

Hallenstein Glasson, the clothing chain, said sales are tracking above last year after four months of trading and margins have improved, though the.

By Pattrick Smellie • 2 min read • Wed, 10th Dec 2014
NZ shares gain as F&P Healthcare at record on weak kiwi, Air NZ fuel costs drop
Fintech

NZ shares gain as F&P Healthcare at record on weak kiwi, Air NZ fuel costs drop

New Zealand shares rose as the declining kiwi dollar boosted companies that get their revenue in US dollars, such as Fisher & Paykel Healthcare, an.

By Pattrick Smellie • 3 min read • Tue, 9th Dec 2014
NZ manufacturing sales rise 0.4% in 3rd-qtr, as metal offsets slide in dairy, meat
Demand

NZ manufacturing sales rise 0.4% in 3rd-qtr, as metal offsets slide in dairy, meat

New Zealand manufacturing sales rose in the third quarter as an increase in output of metal building products offset a decline in volumes for both.

By Pattrick Smellie • 2 min read • Mon, 8th Dec 2014
Intueri agrees to acquire Academy Group, adding pharmacy, floristry, building courses
Shares

Intueri agrees to acquire Academy Group, adding pharmacy, floristry, building courses

Intueri Education Group, New Zealand's largest private training company, has agreed to buy Academy Group NZ for an initial payment of $4 million a.

By Pattrick Smellie • 1 min read • Thu, 4th Dec 2014
NZ building work put in place rises 1.5% in 3rd-qtr, led by non-residential activity
Earthquakes

NZ building work put in place rises 1.5% in 3rd-qtr, led by non-residential activity

New Zealand building work accelerated in the September quarter as increased activity in non-residential construction offset a decline in residentia.

By Pattrick Smellie • 2 min read • Wed, 3rd Dec 2014
NZ set to gain market share in Chinese softwood log market, AgriHQ says
Market share

NZ set to gain market share in Chinese softwood log market, AgriHQ says

New Zealand, the largest supplier of softwood logs to China, is likely to continue to gain market share over the next five years, according to an i.

By Pattrick Smellie • 2 min read • Mon, 1st Dec 2014
Breaking...Graeme Muller appointed NZTech CEO
NZTech

Breaking...Graeme Muller appointed NZTech CEO

Graeme Muller appointed as new CEO of New Zealand Technology Industry Association, aims to advance industry and stimulate economic growth.

By Shannon Williams • 1 min read • Mon, 1st Dec 2014
RBNZ constrained in influencing long-term rates, Wheeler says
Property Market

RBNZ constrained in influencing long-term rates, Wheeler says

The Reserve Bank's influence over long-term interest rates is limited by global investor activity, and it may need to call on further macro-prudent.

By Pattrick Smellie • 3 min read • Mon, 1st Dec 2014