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Russia raises key rate amid Ukraine concerns

Business New from NZ Herald - 1 hour 11 min ago
MOSCOW (AP) Russias central bank has unexpectedly raised its key interest rate in a bid to stem inflation and support the currency as the country faces increasing economic pressure over its policies in Ukraine.The bank said Friday...
Categories: NZ Herald Business

UK economy grows 0.8 pct to reach pre-crisis size

Business New from NZ Herald - 1 hour 21 min ago
LONDON (AP) Official figures show Britains economy has surpassed its pre-recession size for the first time since the 2008 global banking crisis.The Office for National Statistics says gross domestic product grew by 0.8 percent...
Categories: NZ Herald Business

Towering worry: Small holes cause big jitters

Business New from NZ Herald - 2 hours 36 min ago
SEOUL, South Korea (AP) For the developers of the worlds sixth tallest building near Seoul, a mysteriously shrinking lake and the appearance of small sinkholes in residential neighborhoods couldnt have come at a more inopportune...
Categories: NZ Herald Business

UK buying more Kiwi wine

Business New from NZ Herald - 2 hours 41 min ago
New Zealand is the second most popular country of origin for premium wine sold in the UK, according to latest figures.New Zealand Winegrowers global marketing director Chris Yorke said 18 per cent of all wines sold for above £7...
Categories: NZ Herald Business

China pork giant WH Group makes 2nd IPO attempt

Business New from NZ Herald - 2 hours 56 min ago
HONG KONG (AP) Chinese pork giant WH Group is taking a second run at going public with a scaled-back share offering after abandoning its first IPO attempt because of sagging investor demand.The company, which bought U.S. producer...
Categories: NZ Herald Business

German business confidence drops again

Business New from NZ Herald - 3 hours 1 min ago
BERLIN (AP) German business confidence is down for a third month in a row amid ongoing concerns about the economic impact of the crises in Ukraine and Iraq.The closely-watched Ifo Institute survey fell to 108 points in July from...
Categories: NZ Herald Business

BSkyB to take over Italian, German pay TV networks

Business New from NZ Herald - 3 hours 6 min ago
LONDON (AP) London-based satellite broadcaster BSkyB has agreed to take control of its sister companies in Italy and Germany, creating a European pay TV giant, by buying stakes from 21st Century Fox.The deal announced Friday to...
Categories: NZ Herald Business

German airlines cancel more Tel Aviv flights

Business New from NZ Herald - 3 hours 41 min ago
BERLIN (AP) Germanys two largest airlines say they are not yet resuming flights to Israel even though the European Aviation Safety Agency has lifted a recommendation that airlines refrain from flying to Tel Aviv airport.Air Berlin...
Categories: NZ Herald Business

Dunedin leaders prepare to visit two sister cities

Latest news from Channel 9 - 4 hours 13 min ago
Dunedin leaders are preparing to visit two sister cities in Scotland and Japan as part of a mayoral delegation. Mayor Dave Cull will lead the delegation, to Edinburgh and Otaru. City councillors Neville Peat and Andrew Noone are also going. They'll be joined by Dunedin City Council community advisor Cara Paterson.
Categories: Channel 9

Value of exported goods falls

Latest news from Channel 9 - 4 hours 16 min ago
The value of exported goods has fallen 7.4% in the June quarter. The seasonally adjusted value of exports was $12.4b. The drop follows a small increase in the March quarter, and large increases in the September and December quarters. Dairy prices have contributed to the decrease, with milk powder, butter and cheese down 8.1%. That's a drop of $335m. Logs, meat and fruit also fell.
Categories: Channel 9

DCC pushes back public transport takeover

Latest news from Channel 9 - 4 hours 21 min ago
It seems the Dunedin City Council is getting cold feet about being responsible for public transport. The council initially looked at taking over operation of the city's public transport system from July next year. But now it's in favour of delaying that start date, until at least 2017.
Categories: Channel 9

New director appointed to Toitu Otago Settlers Museum

Latest news from Channel 9 - 4 hours 27 min ago
The Dunedin City Council has appointed a new director of Toitu Otago Settlers Museum, following the departure of Linda Wigley last September.
Categories: Channel 9

Nightly interview: Michael Sutton

Latest news from Channel 9 - 4 hours 29 min ago
A Dunedin man has been awarded the title of Amateur Landscape Photographer of the Year. The award was part of New Zealand's largest annual competition for amateur photographers. Winner Michael Sutton joins us to talk about his accolade.
Categories: Channel 9

Possum traps found on walking tracks

Latest news from Channel 9 - 4 hours 33 min ago
Members of the public are being urged to take care on walking tracks around the city after several possum traps were found in North Dunedin. Fifteen leg hold traps were found in the town belt bush area beside Opoho Park on Wednesday. And after similar incidents last year, Dunedin City Council staff think they know why the traps are being set.
Categories: Channel 9

Dirty Dunedin streets an issue for local councilman

Latest news from Channel 9 - 4 hours 36 min ago
The cleanliness of Dunedin has been brought into question. The issue has come up at a meeting of the Dunedin City Council's Infrastructure Services Committee. And contrary to what staff are used to - it wasn't a member of the public complaining.
Categories: Channel 9

Police investigating string of burglaries

Latest news from Channel 9 - 4 hours 40 min ago
Dunedin police are investigating a number of burglaries, of homes and vehicles over the last few days.
Categories: Channel 9

Oil price slips below $102 a barrel

Business New from NZ Herald - 5 hours 6 min ago
The price of oil slipped below $102 a barrel on Friday, falling for a second day after spiking on lower U.S. inventories and tensions in the Ukraine and the Middle East.Benchmark U.S. crude for September delivery was down 10 cents...
Categories: NZ Herald Business

World markets drift ahead of US data next week

Business New from NZ Herald - 5 hours 51 min ago
MUMBAI, India (AP) European stock markets were down Friday, while Asian markets took cheer from U.S. unemployment claims falling to an eight-year low. Traders were generally cautious at the end of the week, taking a wait-and-see...
Categories: NZ Herald Business

McNuggets pulled from sale in HK after meat scare

Business New from NZ Herald - 6 hours 11 min ago
HONG KONG (AP) McDonalds restaurants in Hong Kong have taken chicken nuggets and chicken filet burgers off the menu after a U.S.-owned supplier in mainland China was accused of selling expired meat.The fast food chain said late...
Categories: NZ Herald Business

Japan inflation eases in June under tax hike blow

Business New from NZ Herald - 7 hours 6 min ago
TOKYO (AP) Japans inflation rate eased slightly in June as a sales tax hike stunted demand, the government reported Friday.The core consumer price index, which does not include prices for fresh foods, rose 3.3 percent in June,...
Categories: NZ Herald Business
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