New Zealand Business News - 澳纽网Ausnz.net聚合新闻

The Latest: Chairman says bipartisan desire for privacy law

WASHINGTON (AP) — The Latest on congressional hearing on privacy (all times local):10:45 a.m.A Senate panel is considering ways to govern how companies can use consumer data for targeting ads and other tasks.Sen. John Thune,...

Source: - Business | 27 Sep 2018 | 2:50 am(NZT)

Abramovich ends Swiss residency bid after 'defamatory' claim

GENEVA (AP) — Russian oligarch and Chelsea soccer club owner Roman Abramovich has withdrawn an application for residency in Switzerland after authorities made clear that it would be rejected, officials said Wednesday.Lawyers for...

Source: - Business | 27 Sep 2018 | 2:40 am(NZT)

Nearly $13M in restitution ordered in medical fraud case

RAPID CITY, S.D. (AP) — A former Rapid City dentist and city councilman convicted of medical fraud has been ordered to pay $12 million to victims, with his cohorts adding nearly another million.Larry Lytle, 83, was sentenced in...

Source: - Business | 27 Sep 2018 | 2:35 am(NZT)

Small retailers upbeat about 4Q but tariffs make some uneasy

NEW YORK (AP) — Sales are so strong at women's clothing company Leota that owner Sarah Carson is asking manufacturers for more inventory for the holidays, a change from last year.Leota, which sells dresses, tops, pants and skirts...

Source: - Business | 27 Sep 2018 | 2:25 am(NZT)

After a lull, new-home sales up 3.5 percent in August

WASHINGTON (AP) — Sales of new U.S. homes climbed 3.5 percent in August, snapping a two-month decline as buying surged in the pricey Northeast and West housing markets.The Commerce Department said Wednesday that newly built homes...

Source: - Business | 27 Sep 2018 | 2:10 am(NZT)

MARKET CLOSE: NZ shares edge up

Sept. 26 (BusinessDesk) - New Zealand shares edged higher as improved confidence lifted building and tourism stocks. Rising oil prices kept investors nervous about higher energy costs for companies, and was identified as a headwind for Air New Zealand ...

Source: Scoop NZ - Business | 26 Sep 2018 | 8:55 pm(NZT)

Callaghan funds Larry Ellison/Russell Coutts yacht building

Sept. 26 (BusinessDesk) - A New Zealand company owned by multi-billionaire America’s Cup arch-rival Larry Ellison, and which has Rich Lister yachtsman Russell Coutts on the board, is getting more taxpayer funding.

Source: Scoop NZ - Business | 26 Sep 2018 | 8:40 pm(NZT)

NZ dollar rises on improved business confidence

NZ dollar rises on improved business confidence; FOMC and RBNZ in focus By Rebecca Howard

Source: Scoop NZ - Business | 26 Sep 2018 | 8:12 pm(NZT)

Media merger: public benefit not limited to economic reasons

Sept. 26 (BusinessDesk) - The Commerce Commission has never been limited to balancing strictly economic considerations when gauging whether a merger passes a public benefit test, the Court of Appeal says.

Source: Scoop NZ - Business | 26 Sep 2018 | 8:08 pm(NZT)

Te Rere Hau sale among options in NZ Windfarms review

Sept. 26 (BusinessDesk) - NZ Windfarms says it will look at any strategic options, including sale of its Te Rere Hau project, in order to deliver the best value to its shareholders.

Source: Scoop NZ - Business | 26 Sep 2018 | 7:58 pm(NZT)

Burger King banned from hiring migrants

It would seem like a strong stand has been taken against companies that hire and exploit migrant workers. A current case in reference is Burger King.

Source: - Business | 26 Sep 2018 | 6:10 pm(NZT)

New Zealand’s F1 factory into top gear for 2019

New Zealand's 'F1 driver factory' - the Castrol Toyota Racing Series - is set to go up a gear next season when the top five finishers in the series will all gain points towards a Formula One FIA Super Licence.

Source: - Business | 26 Sep 2018 | 5:01 pm(NZT)

NZ hoki quota owners proactively choosing to reduce catch

Quota owners in the New Zealand hoki fishing industry have announced today they have proactively chosen to reduce the amount of hoki they will catch next year, in response to changing patterns they are observing in one of the five hoki fishing grounds.

Source: - Business | 26 Sep 2018 | 4:59 pm(NZT)

Repair work to be undertaken on First Gas 400-Line

A First Gas engineering team is to undertake repair work on its 400-Line (30-inch Maui pipeline) at a farm near Whitecliffs in Tongaporutu, Taranaki where land movement has been identified, the company said today.

Source: - Business | 26 Sep 2018 | 4:31 pm(NZT)

Fair trade for logs

The Wood Processors and Manufacturers Association of New Zealand (WPMA) held a well-attended regional meeting on Tuesday night in conjunction with the New Zealand Frame and Truss Manufacturers Association in Rotorua.

Source: - Business | 26 Sep 2018 | 3:55 pm(NZT)

iPhone X pushes Apple towards world first trillion dollar company

Sales of the pricey iPhone X pushed Apple's results far beyond Wall Street targets, with subscriptions from App Store, Apple Music and iCloud services bolstering business.

Source: Radio New Zealand Business Headlines | 1 Aug 2018 | 11:22 am(NZT)

Ebert Construction firm goes into receivership, workers locked out from sites

Ebert Construction Ltd has gone into receivership and workers are finding themselves locked out with no access to their tools this morning.

Source: Radio New Zealand Business Headlines | 1 Aug 2018 | 9:26 am(NZT)

House prices drop in Auckland, rise in Queenstown

Growth in house prices continues to slow, with the regions outperforming the main centres, where prices have gone back in some places.

Source: Radio New Zealand Business Headlines | 1 Aug 2018 | 6:48 am(NZT)

Business confidence slumps to 10-year low

Business confidence has slumped to its lowest level in nearly a decade and firms are barely positive about their own outlook.

Source: Radio New Zealand Business Headlines | 31 Jul 2018 | 9:21 pm(NZT)

Weetbix trademark violation case in court

A battle between two breakfast cereals has wound up in the High Court in Christchurch.

Source: Radio New Zealand Business Headlines | 31 Jul 2018 | 7:32 pm(NZT)

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