Stories by Pattrick - Page 19
While you were sleeping: European stocks, bonds rally
Fri, 6th Mar 2015
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government
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stock exchange
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industrial
European stocks climbed, while the euro dropped to the lowest level in more than 11 years, after the European Central Bank said it will start wider as.
MARKET CLOSE: NZ shares fall, led by Meridian, Spark, Fletcher
Thu, 5th Mar 2015
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uc
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telco
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meridian energy
NZ shares dropped today, with Meridian Energy leading the fall as investors booked profits ahead of an upcoming payment. Spark and Fletcher also declined.
NZ dollar drops after RBNZ looks at new home loan restrictions
Thu, 5th Mar 2015
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rbnz
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new zealand dollar
The New Zealand dollar dropped after the Reserve Bank said it's looking at ways to restrict lending on residential property investments, stoking specu.
Vector chair Stiassny calls for regulatory change to incentivise electricity innovation
Thu, 5th Mar 2015
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datacentre infrastructure
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power / energy
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vector
Michael Stiassny, chairman of Auckland lines company Vector, says current regulation doesn't incentivise the electricity sector to foster new technolo.
NZ could reap $190M/year benefit becoming first nation to allow beyond-line-of-sight drones
Thu, 5th Mar 2015
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drones
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callaghan innovation
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open ai
Allowing drones to operate beyond the operator's line of sight could provide economic gains of up to $190 million a year to New Zealand's.
Open Country posts record annual profit on surge in sales, sees 'strong' 2015
Thu, 5th Mar 2015
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sales
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revenue
Open Country Dairy, the dairy manufacturer controlled by Talley's Group, reported a record profit for 2014 as revenue growth outpaced rising cost of.
Bridges pushes NZ as 'most ready in the world' for electric cars
Thu, 5th Mar 2015
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datacentre infrastructure
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cartech
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power / energy
Transport and Energy Minister Simon Bridges has officials investigating ways to accelerate the uptake of electric vehicles, although is ruling out inc.
Briscoe posts 17% gain in annual profit, in line with forecast
Thu, 5th Mar 2015
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supply chain & logistics
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briscoes
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inventory management systems
Briscoe Group, the homeware and sporting goods retail chain, posted a 17 percent gain in annual profit, in line with its forecast, as it widened margi.
Don't wait for FTA before acting on India, says India-NZ business council chair
Thu, 5th Mar 2015
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india-new zealand business council
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investment
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trade
New Zealand companies looking to do business in India should move beyond a mutual love of cricket and not wait for a free-trade agreement before seeki.
Seeka post-harvest shed destroyed in fire, earnings likely to be unaffected
Thu, 5th Mar 2015
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insurance
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fire
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shares
Seeka Kiwifruit Industries, the country's biggest kiwifruit grower, doesn't expect earnings to be materially affected by a fire that destroyed a shed.
NZ dollar hits new record vs. euro ahead of ECB quantitative easing
Thu, 5th Mar 2015
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new zealand dollar
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kiwi
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anz bank
The New Zealand dollar rose to a record against the euro ahead of a European Central Bank meeting tonight where it's expected to detail plans for its.
While you were sleeping: Eyes on US jobs, ECB
Thu, 5th Mar 2015
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wall street
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inflation
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industrial
Wall Street fell after a softer-than-expected private jobs report and a decline in oil prices, while stocks in Europe gained ahead of a European Centr.
AsureQuality posts 5% drop in 1H profit as costs rise; expects to beat FY target
Wed, 4th Mar 2015
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government
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financial results
AsureQuality, the state-owned food-testing company, posted a 5 percent drop in first-half profit, reflecting higher operating costs to develop future.
Carter Holt cladding 'inherently defective', appeal court hears
Wed, 4th Mar 2015
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edutech
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schools
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law
Carter Holt Harvey faces lawsuit over defective cladding used in 880 school buildings. Ministry of Education seeks to recoup costs.
Kordia turns to profit in 1H as Australian business improves
Wed, 4th Mar 2015
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kordia
Kordia Group, the broadcasting and telecommunications network operator, turned to a profit in the first half on an improved performance at its Austra.
Rex Bionics widens full-year loss as commercialisation costs rise
Wed, 4th Mar 2015
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rex bionics
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r&d
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government funding
Rex Bionics Plc, the New Zealand company listed on the London Stock Exchange's AIM market, said higher costs to commercialise its robotic exoskeletons.
NZ government launches Ageing Well, the latest national science challenge
Wed, 4th Mar 2015
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university of otago
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biosecurity
Science and Innovation Minister Steven Joyce has launched the Ageing Well National Science Challenge, one of 11 planned by the government to tackle th.
NZ residential building activity rises 4.3% in 4th-qtr, driven by Canterbury
Wed, 4th Mar 2015
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statistics nz
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banking
New Zealand residential building activity rose for the first time in three quarters in the final three months of 2014, led by earthquake-related rebui.
Spark sells Telecom Rentals for $106M to Australia's FlexiGroup
Wed, 4th Mar 2015
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uc
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telco
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flexigroup
Spark New Zealand, formerly Telecom Corp, agreed to sell its Telecom Rentals business for $106 million to Australian financial services company FlexiG.
Auckland houses prices fall in February as volume, listings pick up
Wed, 4th Mar 2015
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sales
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housing
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inflation
Auckland house prices fell in February, as listings rose and the number of properties sold reached its second-highest level in seven years for that mo.