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Restaurant Brands 1Q adjusted profit beats expectations

Business New from NZ Herald - 1 hour 14 min ago
NEW YORK (AP) Restaurant Brands International Inc. reported adjusted earnings that beat analysts expectations for the first-quarter as sales at its Burger King and Tim Hortons operations showed healthy growth.The Canadian company,...
Categories: NZ Herald Business

Chipotle: Transition to non-GMO ingredients complete

Business New from NZ Herald - 1 hour 39 min ago
NEW YORK (AP) Chipotle says it has completed phasing out genetically modified ingredients from its food.The Denver-based chain had already been using mostly non-GMO ingredients, but said in late 2013 it was working on transitioning...
Categories: NZ Herald Business

Fitch downgrades Japan citing economic concerns

Business New from NZ Herald - 1 hour 39 min ago
Fitch Ratings has lowered Japans credit rating as the country continues to wrestle with staggering debt.Fitch said Monday that the government did not include sufficient measures in its budget to replace a sales tax hike it put...
Categories: NZ Herald Business

Russia tightens ban on European food imports

Business New from NZ Herald - Mon, 27/04/2015 - 11:20pm
MOSCOW (AP) Russia is set to tighten its ban on food imports from Europe by restricting re-exports of fruit and vegetables through European countries.The deputy head of Russias agricultural regulator, Yulia Shvabauskene, says...
Categories: NZ Herald Business

Applied Materials calls off $9.4B Tokyo Electron buyout

Business New from NZ Herald - Mon, 27/04/2015 - 11:10pm
SANTA CLARA, Calif. (AP) Applied Materials has called off its $9.4 billion acquisition of Tokyo Electron Ltd. after hitting a regulatory roadblock.The companies said that they were told by the Department of Justice that there...
Categories: NZ Herald Business

Starbucks breakdown shows how registers have evolved

Business New from NZ Herald - Mon, 27/04/2015 - 10:15pm
NEW YORK (AP) A glitch that disabled registers at thousands of Starbucks stores Friday was a reminder of the invisible systems restaurants rely on to run increasingly sophisticated operations.Registers that once merely rang up...
Categories: NZ Herald Business

Poll: Most Greeks dissatisfied with government performance

Business New from NZ Herald - Mon, 27/04/2015 - 10:15pm
ATHENS, Greece (AP) An opinion poll shows a majority of Greeks are dissatisfied with the new governments performance, and half want it to compromise with its European creditors if current tortuous bailout negotiations reach an...
Categories: NZ Herald Business

Spain: PM says economy on track to grow 2.9 pct this year

Business New from NZ Herald - Mon, 27/04/2015 - 8:10pm
MADRID (AP) Spains prime minister says the countrys economy is on track to grow 2.9 percent this year and expand an additional 2.9 percent in 2016.Mariano Rajoy gave the upbeat assessment a month before his party is expected...
Categories: NZ Herald Business

Old companies thrive in brand-loyal Japan adapting to times

Business New from NZ Herald - Mon, 27/04/2015 - 7:40pm
KYOTO, Japan (AP) Successful businesses shine for a few years, then nimbler competitors outwit them in a constant cycle that spans being feted to forgotten in less than a generation. But Japan has something different: thousands...
Categories: NZ Herald Business

Deutsche Bank to streamline operations to improve profit

Business New from NZ Herald - Mon, 27/04/2015 - 7:35pm
FRANKFURT, Germany (AP) Deutsche Bank says its reorganization will mean spinning off its Postbank branches in Germany through a share offering, closing offices in some countries, and eliminating less profitable business at its investment...
Categories: NZ Herald Business

Stocks rise despite Japan downgrade, lack of Greece deal

Business New from NZ Herald - Mon, 27/04/2015 - 5:45pm
BEIJING (AP) Global stocks mostly rose on Monday despite a downgrade of Japan and a lack of a bailout deal for Greece. Investors were looking ahead to Apple earnings results and the U.S. Federal Reserves policy meeting.KEEPING...
Categories: NZ Herald Business

Why BP should buy Tesla from Elon Musk

Business New from NZ Herald - Mon, 27/04/2015 - 2:00pm
Executives at BP, which has a market value of about $130 billion and a family tree dating to an oil discovery in Persia at the start of the 20th century, are worried.It turns out that Royal DutchShell ran its slide rule over BP...
Categories: NZ Herald Business

Why the US PR industry is sucking up Pulitzer winners

Business New from NZ Herald - Mon, 27/04/2015 - 12:00pm
The number of news reporters in the Washington, D.C., area nearly doubled over the last decade, from 1,450 to 2,760. In Los Angeles it grew by 20 per cent.In New York City, it basically stayed flat. Outside of those cities, in that...
Categories: NZ Herald Business

How much would you need to earn?

Business New from NZ Herald - Mon, 27/04/2015 - 12:00pm
When American tech company boss Dan Price announced to staff recently he would slash his million dollar pay-packet to raise the minimu
Categories: NZ Herald Business

Worlds coolest economist hot on his numbers

Business New from NZ Herald - Mon, 27/04/2015 - 9:35am
Michael Pettis must be the worlds coolest economist.Thats a very uncool thing to say of course. Hed probably dispute it too. But it is hard to imagine a much cooler character than the casually dishevelled American who greets...
Categories: NZ Herald Business

Clinton Foundation admits missteps in donor disclosure

Business New from NZ Herald - Mon, 27/04/2015 - 9:15am
WASHINGTON (AP) The acting chief executive of the Clinton Foundation is acknowledging the global philanthropy made mistakes in how it disclosed its donors amid growing scrutiny as Hillary Rodham Clinton opens her presidential campaign...
Categories: NZ Herald Business

Greenpeace spots 3-mile oil slick off Spains Canary Islands

Business New from NZ Herald - Mon, 27/04/2015 - 6:40am
MADRID (AP) Greenpeace has called on Spains government to dedicate more resources to cleaning up an oil spill rising up from a sunken fishing trawler off the Canary Islands after spotting a five-kilometer (3-mile) slick.The group...
Categories: NZ Herald Business

Call of Duty: Black Ops 3: 5 ways its different

Business New from NZ Herald - Mon, 27/04/2015 - 5:05am
SANTA MONICA, Calif. (AP) Call of Duty: Black Ops 3 is enlisting a few new recruits.The third installment in Treyarchs popular military shooter saga is adding the option to play cooperatively with other gamers in the plot-driven...
Categories: NZ Herald Business

Determined CallPlus co-founder Annette Presley dares to think big

Business New from NZ Herald - Mon, 27/04/2015 - 5:00am
Asked about the best advice from her years in business CallPlus co-founder Annette Presley is quiet - it is the first time she has seemed unsure of what to say. After a pause, she says in measured tones: It wasnt so long ago that...
Categories: NZ Herald Business

More mature Nasdaq sets new record built on solid earnings base

Business New from NZ Herald - Mon, 27/04/2015 - 5:00am
Fifteen years after its bubble exploded dramatically costing tens of thousands of hopeful tech millionaires their savings, the Nasdaq finally made its way back this week.And this time, underpinning the markets new record are real...
Categories: NZ Herald Business
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