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Fonterra boss Theo Spierings: Im not saying its rosy - its not

Business New from NZ Herald - 1 hour 35 min ago
Theo Spierings bull; More than 25 years experience in the global dairy industry.bull; Born 1964 in the Netherlands.bull; Bachelor of Arts in Food Technology/Biotechnology.bull; Master of Business Administration, Glasgow U...
Categories: NZ Herald Business

Skys the limit for NZ property price speculation

Business New from NZ Herald - 1 hour 39 min ago
Despite constantly forging new records, the majority of respondents in a new property report believe prices will continue to increase. ASBs Housing Confidence report, out today, shows a net 65 per cent of respondents expect house...
Categories: NZ Herald Business

Kirkcaldie owners OK David Jones takeover

Business New from NZ Herald - 1 hour 50 min ago
Kirkcaldie shareholders call time on 152-year-old Wellington store, will get $19.4mKirkcaldie Stains shareholders have voted in favour of Australian department store chain David Jones taking over the upscale Wellington store,...
Categories: NZ Herald Business

New Zealand, where the kids are alright

Business New from NZ Herald - 2 hours 20 sec ago
New Zealand is normally to be found in the undistinguished, if not downright alarming, zone of international economic-performance rankings.So it is encouraging when analysis of data that indicates material wellbeing finds us third...
Categories: NZ Herald Business

Party pill godfathers house sold to local man

Business New from NZ Herald - 2 hours 2 min ago
The family home of party pills godfather Matt Bowden has sold to a local man at a mortgagee sale for $1.8 million.The modern four bedroom property described by the auctioneer as a fine opportunity was the last of Mr Bowdens former...
Categories: NZ Herald Business

All in the family for screen sector

Business New from NZ Herald - 2 hours 5 min ago
The Film Commission is taking a bigger role in the television business and the Government is looking at closer ties with the TV funding agency NZ On Air, screen industry sources say.This month the commission swallowed up the private...
Categories: NZ Herald Business

Facebook ready to test giant drone for internet service

Business New from NZ Herald - 2 hours 9 min ago
Facebook says it will begin test flights later this year of a solar-powered drone with the wingspan of a Boeing 737, the next stage of its campaign to deliver Internet service to remote parts of the world.Engineers at the giant...
Categories: NZ Herald Business

Dairys decline here to last?

Business New from NZ Herald - 2 hours 15 min ago
App users: Tap here for the full story Fonterras plan to cut staff will help lift its fortunes, but the giant co-op faces mo
Categories: NZ Herald Business

LinkedIn 2Q caps rough week for social media stocks

Business New from NZ Herald - 2 hours 40 min ago
NEW YORK (AP) It hasnt been a good week for social media companies, not even for the usually reliable professional networking service LinkedIn Corp.The companys second-quarter results announced Thursday beat Wall Streets expectations...
Categories: NZ Herald Business

Business Highlights

Business New from NZ Herald - 3 hours 10 min ago
___Spring rebound for US economy sets stage for Fed rate hikeWASHINGTON (AP) The U.S. economy isnt moving at warp speed, but it looks like it will be strong enough to handle an expected interest rate increase later this year.Fueled...
Categories: NZ Herald Business

Entrepreneur of the Year: Finding the right gaps to tweak

Business New from NZ Herald - 3 hours 19 min ago
This year the 17 contenders come from backgrounds ranging from childcare to digital games development.They will appear before an independent judging panel on August 18, competing for the top slot in one of five categories: products,...
Categories: NZ Herald Business

Caseload: Selfless judge jets off for jolly hoot

Business New from NZ Herald - 3 hours 20 min ago
Chief Justice Dame Sian Elias abandoned her day job as Chief Justice and Head of the Supreme Court to drop by Londons Palace of Westminster for a bit of play-acting today.Dame Sian (66) makes up a legal luvvie threesome alongside...
Categories: NZ Herald Business

Senate panel passes bill lifting crude oil export ban

Business New from NZ Herald - 3 hours 24 min ago
WASHINGTON (AP) A U.S. Senate panel approved energy legislation Thursday that would lift the 40-year-old ban on crude oil exports and open more areas of the Arctic, Gulf of Mexico and the Atlantic Ocean to oil and gas exploration.Republican...
Categories: NZ Herald Business

Ombudsman warning: Bank tech leaving older people behind

Business New from NZ Herald - 3 hours 25 min ago
A generation of people are being left behind when it comes to banking as banks race to embrace new technology, according to Banking Ombudsman Deborah Battell.Battell who steps down as the ombudsman today said one of her biggest...
Categories: NZ Herald Business

Amgen hikes 2015 forecast after 2Q increase in profit, sales

Business New from NZ Herald - 3 hours 35 min ago
TRENTON, N.J. (AP) Amgen Inc. shares jumped in extended trading after the maker of osteoporosis drug Prolia easily beat Wall Streets second-quarter profit expectations and hiked its 2015 financial forecast.Amgen, based in Thousand...
Categories: NZ Herald Business

Apple Watchs quiet NZ debut

Business New from NZ Herald - 3 hours 40 min ago
The hype for the Apple Watch is noticeably more subdued than previous products, with 16 Aucklanders and 11 Wellingtonians queuing to buy the watch this morning.Three Noel Leeming stores, two in Auckland and one in Wellington, are...
Categories: NZ Herald Business

Brilinta? Brintellix? FDA warns of drug name mix-ups

Business New from NZ Herald - 3 hours 44 min ago
NEW YORK (AP) The Food and Drug Administration said Thursday that some doctors and pharmacies are getting confused by the similar names of an antidepressant and a blood-thinning medicine.The FDA says its not aware of any patients...
Categories: NZ Herald Business

Dollars slump boosts exporters

Business New from NZ Herald - 4 hours 9 min ago
The New Zealand dollars slump against the greenback bodes well for a number of NZX-listed exporters, notably Fisher Paykel Healthcare.Driven in part by the currency depreciation, the Manukau-based medical device makers shares...
Categories: NZ Herald Business

NZ dollar extends slide as easing RBNZ contrasts with more upbeat Fed

Business New from NZ Herald - 4 hours 19 min ago
The New Zealand dollar extended its decline, falling below 66 US cents as the prospect of more easing by the Reserve Bank dented the appeal of the kiwi in an environment where the US Federal Reserve prepares to hike interest rates.The...
Categories: NZ Herald Business

Spirit jet wheel ignites on landing in Dallas; no injuries

Business New from NZ Herald - 4 hours 24 min ago
GRAPEVINE, Texas (AP) No injuries were reported after a tire on a landing gear on a Spirit Airlines jet caught fire while landing at Dallas-Fort Worth International Airport.Airline spokeswoman Paul Berry says Spirit Flight 407...
Categories: NZ Herald Business
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