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15
Aug, 2017

Dairy prices edge down in global auction

Butter and whole milk prices fell in the latest global dairy auction.

15
Aug, 2017

NZ Super Fund’s fossil fuel sell-down ‘just one opinion’

The oil and gas business has a strong future despite substantial divestment by the $35bn fund, the lead industry body says.

15
Aug, 2017

$265m takeover bid for local infrastructure firm

A Canadian-based engineering consultancy firm has made a $265 million takeover bid for local infrastructure company Opus International.

15
Aug, 2017

Super Fund sells shares to cut climate change exposure

The New Zealand Superannuation Fund has sold shares in some of the world’s biggest companies to reduce exposure to firms emitting greenhouse gases.

14
Aug, 2017

ComCom rebukes four telco companies

Four leading telecommunications companies have received warning letters from the Commerce Commission over misleading practices.

14
Aug, 2017

Sports fans boost spending in bars, restaurants

Two major sporting events helped boost consumer spending in the three months to June.

13
Aug, 2017

Dry winter dampens Contact Energy’s profit

A dry winter and low hydro-lakes have put a dampener on profits of the country’s biggest listed power company Contact Energy.

13
Aug, 2017

Plans for Dunedin chocolate company unveiled

A Dunedin city councillor who tried to take on the manufacturing of Cadbury products has unveiled his new plan for a publicly-owned chocolate company.

12
Aug, 2017

RBNZ holds OCR steady at 1.75%

Reserve Bank Governor Graeme Wheeler has held interest rates steady, as expected, in his last monetary statement this morning.

12
Aug, 2017

Legal action against Australian bank could affect NZ

Banks and environmental groups are keeping close eye on an Australian landmark climate change case which they say could have repercussions on this side of the Tasman.

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