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Eric Watson: Look beyond the milk shed

I was interested to read a NZ Herald piece, The Price of Milk , and I found myself agreeing with Mike Joy, Massey University marine ecologist. He ma
Categories: NZ Herald Business

Consumer Watch: End of loyalty on cards

Is your wallet full of loyalty cards? A coffee card, a Onecard for Countdown?Marketing researcher Valentyna Melnyk, of Massey University, predicts that within 10 years, loyalty schemes as we know them may be a thing of the past.She...
Categories: NZ Herald Business

Rome protesters target plans to make firing easier

Business New from NZ Herald - 23 min 44 sec ago
ROME (AP) Hundreds of thousands of protesters have rallied in Rome to protest Premier Matteo Renzis plan to make it easier to fire workers.Two noisy marches crisscrossed the heart of the Italian capital Saturday, snarling traffic...
Categories: NZ Herald Business

Europes bank test aims to strengthen economy

Business New from NZ Herald - Sat, 25/10/2014 - 9:05pm
FRANKFURT, Germany (AP) The European Central Bank on Sunday will reveal the results of a yearlong search through the books of Europes 130 biggest banks, a key part of the regions effort to recover from its debt and economic crisis.The...
Categories: NZ Herald Business

16 killed in northwest China coal mine collapse

Business New from NZ Herald - Sat, 25/10/2014 - 5:15pm
BEIJING (AP) A coal mine shaft collapsed in northwestern China, killing 16 miners, an official said Saturday, highlighting the persistence of safety problems in the industry despite a leveling off of demand.Another 11 miners were...
Categories: NZ Herald Business

Vietnam arrests tycoon for lending fraud

Business New from NZ Herald - Sat, 25/10/2014 - 4:25pm
HANOI, Vietnam (AP) Police in Vietnam have arrested a prominent businessman and one of the countrys richest men on suspicion of lending fraud, as authorities step up their crackdown on financial crimes in a bid to clean up the debt-ridden...
Categories: NZ Herald Business

Ebola epidemic could cost Fonterra $150m

Business New from NZ Herald - Sat, 25/10/2014 - 2:43pm
The head of the countrys largest company, Fonterra, says the growing Ebola epidemic could cost the company $150 million.As African countries locked down their borders in an attempt to control the disease, demand was dropping for...
Categories: NZ Herald Business

Regulators close small Illinois bank

Business New from NZ Herald - Sat, 25/10/2014 - 12:45pm
WASHINGTON (AP) Regulators have closed a small lender in Illinois, bringing U.S. bank failures this year to 16 after 24 closures in all of 2013.The Federal Deposit Insurance Corp. said Friday that it has taken over The National...
Categories: NZ Herald Business

US halal food supplier indicted over beef exports

Business New from NZ Herald - Sat, 25/10/2014 - 12:40pm
IOWA CITY, Iowa (AP) The founder of a popular line of food products for observant Muslims has been charged with fraudulently shipping beef to Malaysia and Indonesia that didnt meet the countries import requirements, federal prosecutors...
Categories: NZ Herald Business

CBD tower adaptable

Business New from NZ Herald - Sat, 25/10/2014 - 12:16pm
JLL has been appointed by AQM to sell 15 office levels in the distinctive 19-level reflective blue glazed tower building at 396 Queen St, Auckland.The building is ideal for renovation into an upmarket hotel, apartments or an educational...
Categories: NZ Herald Business

What you need to know about massive air bag recall

Business New from NZ Herald - Sat, 25/10/2014 - 10:55am
DETROIT (AP) U.S. investigators, automakers and a parts supply company are trying to figure out why some automobile air bags inflate with too much force, blowing apart metal canisters and sending shards flying at drivers and passengers.So...
Categories: NZ Herald Business

Is refinancing your mortgage worth it?

Business New from NZ Herald - Sat, 25/10/2014 - 10:40am
The interest rate pendulum has swung in favor of homeowners again.A steady decline in recent weeks brought down the average rate for a 30-year fixed home loan below 4 percent to 3.92 percent this week, the lowest level in more than...
Categories: NZ Herald Business

Earnings from Microsoft, others drive stocks up

Business New from NZ Herald - Sat, 25/10/2014 - 10:15am
NEW YORK (AP) The stock market is closing out its best week in almost two years as earnings gains from Microsoft and others got investors in a buying mood.The market is coming off a rocky two weeks. Indexes have made wide swings...
Categories: NZ Herald Business

US official: Auto safety agency under review

Business New from NZ Herald - Sat, 25/10/2014 - 10:05am
WASHINGTON (AP) Transportation officials are reviewing the safety culture of the U.S. agency that oversees auto recalls, a senior Obama administration official said Friday. The National Highway Traffic Safety Administration has...
Categories: NZ Herald Business

NBCUniversal settles with unpaid interns for $6.4M

Business New from NZ Herald - Sat, 25/10/2014 - 10:00am
NEW YORK (AP) Nearly 9,000 unpaid interns stand to benefit from a $6.4 million settlement with NBCUniversal over back wages.Unpaid interns who worked on Saturday Night Live and other shows brought a class action suit last July...
Categories: NZ Herald Business

Market jolt is reality check for investors

Business New from NZ Herald - Sat, 25/10/2014 - 9:55am
NEW YORK (AP) Sometimes a little fear is healthy for stock investors.Nine days ago, after a series of sharp sell-offs, the Standard Poors 500 index was down 7.4 percent from its September record as fears of a global economic...
Categories: NZ Herald Business

Greeks get 8 years to clear austerity tax bill

Business New from NZ Herald - Sat, 25/10/2014 - 9:35am
ATHENS, Greece (AP) Parliament has approved draft legislation that would give distressed Greeks more than eight years to settle unpaid taxes imposed under the countrys austerity measures.Lawmakers Friday backed the measure allowing...
Categories: NZ Herald Business

US rig count up 9 to 1,927

Business New from NZ Herald - Sat, 25/10/2014 - 9:25am
HOUSTON (AP) Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by nine this week to 1,927.The Houston firm said Friday in its weekly report that 1,595 rigs were...
Categories: NZ Herald Business

Canada loses bid to make Ford engines to Mexico

Business New from NZ Herald - Sat, 25/10/2014 - 9:20am
DETROIT (AP) Canada has lost to Mexico in a bid to build engines for Ford Motor Co.Canada wanted 1.5-liter and 1.6-liter engine production for the Ford Fiesta go to Fords Windsor Engine or Essex Engine plants, which are both in...
Categories: NZ Herald Business

UPS expects double-digit surge in Dec shipments

Business New from NZ Herald - Sat, 25/10/2014 - 9:20am
DALLAS (AP) UPS might levy surcharges or even turn away some holiday shipments this year if retailers surprise the delivery giant by dropping off more packages than they had planned.UPS executives discussed the possibilities Friday...
Categories: NZ Herald Business
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