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New Zealand (NZ) Stories - Page 202

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New Zealand (NZ) stories

NZ lamb wool prices jump to 4-year high, aided by Chinese demand, US dollar strength
New Zealand Dollar

NZ lamb wool prices jump to 4-year high, aided by Chinese demand, US dollar strength

New Zealand lamb wool prices jumped to the highest in more than four years at auction yesterday on increased demand from China for the apparel fibre,.

By Pattrick Smellie • 2 min read • Fri, 13th Mar 2015
DB forecasts cider sales to double in the next five years
Lion

DB forecasts cider sales to double in the next five years

DB Breweries chief executive Andy Routley is forecasting cider sales in New Zealand to double in the next five years to about 12 percent the size of.

By Pattrick Smellie • 4 min read • Thu, 12th Mar 2015
IBM opens new Aussie cloud centre, eyes NZ customers
Public Cloud

IBM opens new Aussie cloud centre, eyes NZ customers

​IBM is going toe-to-toe with Microsoft, opening its second SoftLayer cloud centre in Australia, with Kiwi companies expected to be utilising it.

By Heather Wright • 2 min read • Thu, 12th Mar 2015

Stories from Other Regions

New Zealand (NZ) stories

NZ manufacturing rebounds from two-year low in February
Manufacturing

NZ manufacturing rebounds from two-year low in February

New Zealand manufacturing rebounded from a two-year low in February, led by improvement in new orders and deliveries and a recovery in the petroleum,.

By Pattrick Smellie • 2 min read • Fri, 13th Mar 2015
NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices
Housing

NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices

New Zealand residential property prices rose in February, led by Auckland where an under-supply of housing is putting pressure on the market.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
Tepid inflation surprise raises spectre of lower interest rates
Reserve Bank of New Zealand

Tepid inflation surprise raises spectre of lower interest rates

Any further downward surprises in New Zealand's already tepid pace of consumer inflation may warrant an interest rate cut, the Reserve Bank says.

By Pattrick Smellie • 2 min read • Thu, 12th Mar 2015
SBS Bank agrees to buy 50% of Staples Rodway Asset Management
Fintech

SBS Bank agrees to buy 50% of Staples Rodway Asset Management

SBS Bank, New Zealand's largest building society, has agreed to buy 50 percent of Staples Rodway Asset Management (SRAM) as part of a strategy to bui.

By Pattrick Smellie • 2 min read • Wed, 11th Mar 2015
Restaurant Brands says fourth-quarter sales rise 19%
Sales

Restaurant Brands says fourth-quarter sales rise 19%

Restaurant Brands, New Zealand's largest fast-food store operator, increased fourth-quarter sales by 19 percent as it benefited from an extra week's t.

By Pattrick Smellie • 3 min read • Wed, 11th Mar 2015
NZ govt posts small surplus in 7 mths to January as tax take swells
Government

NZ govt posts small surplus in 7 mths to January as tax take swells

The New Zealand government posted a small operating surplus in the seven months through January as tax revenue beat expectations, while costs were sma.

By Pattrick Smellie • 3 min read • Wed, 11th Mar 2015
Trilogy sees FY profit more than trebling as Aust unit improves, Ecoya makes money
Fintech

Trilogy sees FY profit more than trebling as Aust unit improves, Ecoya makes money

Trilogy International, the skincare products and scented candle maker, says annual profit will more than treble with improved earnings at its Australi.

By Pattrick Smellie • 2 min read • Wed, 11th Mar 2015
No traction yet in Chinese media from 1080 threat
Supply Chain

No traction yet in Chinese media from 1080 threat

News of the threat to contaminate New Zealand infant formula with 1080 poison has barely registered so far in Chinese media, says expatriate Beijing.

By Pattrick Smellie • 1 min read • Tue, 10th Mar 2015
Trading partners learnt of 1080 threat last month
Government

Trading partners learnt of 1080 threat last month

International trading partners first learnt of threats to contaminate New Zealand-manufactured infant milk formula with 1080 poison in February, more.

By Pattrick Smellie • 4 min read • Tue, 10th Mar 2015
NZ listed company earnings underwhelm analysts in market priced for stronger growth
Health Technologies

NZ listed company earnings underwhelm analysts in market priced for stronger growth

New Zealand's listed companies beat earnings estimates on average in the latest results season, but still fell short of the bullish growth expectation.

By Pattrick Smellie • 3 min read • Tue, 10th Mar 2015
Law firm puts out feelers for class action against cladding manufacturers
Adina Thorn Lawyers

Law firm puts out feelers for class action against cladding manufacturers

Law firm Adina Thorn Lawyers is asking leaky building owners to join a proposed class suit against plaster cladding manufacturers, which it says could.

By Pattrick Smellie • 3 min read • Tue, 10th Mar 2015
Emulex invests in Kiwi tertiary students
EduTech

Emulex invests in Kiwi tertiary students

​Emulex Corporation is continuing to invest in New Zealand's education sector and develop its next generation of engineering talent.

By Catherine Knowles • 3 min read • Tue, 10th Mar 2015
NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts
Economics

NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts

The Reserve Bank of New Zealand will probably keep interest rates unchanged this week, reiterating that monetary policy is in neutral, while revising.

By Pattrick Smellie • 4 min read • Mon, 9th Mar 2015
Chatham Rock seeks another $1.25M to pursue new seabed mining licence
NZAX

Chatham Rock seeks another $1.25M to pursue new seabed mining licence

Chatham Rock aims to secure £1.25M for a fresh stab at offshore mining rights, amidst pay cuts and legislative battles.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015
UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share
Capital

UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share

Fliway Group, the transport and logistics provider behind the first float on the NZX this year, is hoping to raise between $27.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015