IT Brief New Zealand - Technology news for CIOs & IT decision-makers

Stories by Pattrick - Page 12

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MightyRiverPower will close Southdown station at the end of 2015
Tue, 24th Mar 2015
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shares
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mighty river power
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employees
MightyRiverPower, whose first half earnings slumped as it wrote down the value of assets and exited its international geothermal interests.
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Bohannan resigns from Bathurst Resources
Tue, 24th Mar 2015
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productivity
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solid energy
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bathurst resources
Hamish Bohannan resigns as CEO of Bathurst Resources, citing the company's put on hold expansion due to low coal prices.
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NZ dollar hits new record against Aussie, stoking parity speculation
Tue, 24th Mar 2015
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rbnz
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new zealand dollar
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australian dollar
The New Zealand dollar touched a new record against the Australian dollar overnight, renewing speculation about the possibility of parity.
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While you were sleeping: Mixed markets, weak dollar
Tue, 24th Mar 2015
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wall street
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us federal reserve
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industrial
Wall Street mostly moved higher, as the US dollar fell, amid expectations the Federal Reserve will lift interest rates more gradually than initially t.
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UPDATE: RAM liquidators seek $954,000 investor withdrew in test case
Mon, 23rd Mar 2015
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pwc
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ram
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mental health
Liquidators of the Ross Asset Management group of companies are looking to claw back $954,000 one investor withdrew before the scheme collapsed.
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MARKET CLOSE: NZ shares mixed; Spark gains, Kathmandu falls before earnings
Mon, 23rd Mar 2015
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uc
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telco
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nzx
NZ shares end mixed as Spark soars, Kathmandu slumps pre-earnings, amidst varied investor sentiment and currency impact.
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NZOG closes in on 50% of Cue Energy
Mon, 23rd Mar 2015
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datacentre infrastructure
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power / energy
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cue energy
New Zealand Oil and Gas has increased its stake in Cue Energy Resources to 41.55%, getting closer to a key 50% threshold amidst its hostile takeover bid.
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NZ dollar rises to new records vs. euro and Aussie
Mon, 23rd Mar 2015
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new zealand dollar
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australian dollar
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us federal reserve
The New Zealand dollar rose to a new record against the euro ahead of a key meeting between Greek Prime Minister and German chancellor.
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NZ-Korea FTA signed amid spying and lost sovereignty claims
Mon, 23rd Mar 2015
A long-awaited free trade agreement between New Zealand and South Korea has been signed in Seoul by Prime Minister John Key and the Korean president.
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Rabobank NZ profit rises 31% to record, sees 'sustained' milk price recovery in 2016
Mon, 23rd Mar 2015
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rabobank
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banking
Rabobank New Zealand said profit rose 31 percent to a record in 2014 as the local unit of Netherlands-based Rabobank Group increased rural sector len.
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Auckland to Beijing direct connection as Air NZ, China Air tie up
Mon, 23rd Mar 2015
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air new zealand
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china air
Air New Zealand and China Air have agreed a new alliance that will deliver daily direct flights between Auckland and the Chinese capital, Beijing.
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NZ export log prices record first drop in eight months as Chinese inventories build
Mon, 23rd Mar 2015
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agrihq
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demand
New Zealand export log prices dropped for the first time in eight months as shipments to China exceed demand, resulting in a build up of inventory.
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2degrees unlikely to shake up landline prices, market commentators say
Mon, 23rd Mar 2015
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uc
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snap
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telco
2degrees' purchase of internet service provider Snap, which gives it a foothold in the landline market, is unlikely to deliver a big shake-up in price.
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NZ Dollar Outlook: Traders split on kiwi direction amid volatility
Mon, 23rd Mar 2015
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housing
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new zealand dollar
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inflation
The New Zealand dollar has recently been at the mercy of US dollar volatility and analysts are split on what direction it may take this week.
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Ross Asset Management liquidators seek $954,000 investor withdrew in test case
Mon, 23rd Mar 2015
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pwc
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mental health
Liquidators of the Ross Asset Management group of companies, found to be a ponzi scheme, are looking to claw back $954,000 one investor withdrew befor.
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Auckland Airport international passenger numbers rise 5.4% in February, on jump in Chinese
Mon, 23rd Mar 2015
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shares
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auckland airport
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stock market
Auckland International Airport said international passenger numbers through New Zealand's busiest gateway rose 5.
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NZ lamb wool prices fall from 4-year high as higher kiwi makes local wool more costly
Mon, 23rd Mar 2015
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outlook
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new zealand dollar
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agrihq
New Zealand lamb wool prices fell from a four-year high at auction last week as a rising local currency made the fibre more expensive.
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2degrees acquires Snap ISP for complete business offering
Mon, 23rd Mar 2015
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uc
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snap
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telco
2Degrees, New Zealand's third-largest mobile telecommunications provider, is to acquire Christchurch-based internet service provider, Snap, to allow.
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NZ consumer confidence gains in March quarter in face of cheaper petrol, home loans
Mon, 23rd Mar 2015
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consumers
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banking
New Zealand consumer confidence rose in the first three months of the year, as Kiwis enjoyed cheaper fuel prices and lower fixed home-loan rates.
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Pumpkin Patch says nothing certain after talk of approaches sends stock soaring
Mon, 23rd Mar 2015
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banking
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retailers
Pumpkin Patch, whose shares soared on Friday after the children's clothing retailer announced it was seeking proposals to acquire or refinance.