Dene Mackenzie

To under sell and over deliver is English trait

To under sell and over deliver is English trait

New Zealand this week had its country ratings upgraded by Dun and Bradstreet. MYOB Business Monitor said the slow spread of the economic recovery has been mixed across the regions. So where does New Zealand's economy sit about a month out from the Government's much-lauded Budget? Business editor Dene Mackenzie investigates.

Brokers retain hold advice

Sharebrokers Forsyth Barr and Craigs Investment Partners are retaining their hold recommendation on Telecom shares while at the same time revising their profit forecasts.

Lombard directors charged

Lombard directors charged

The Securities Commission has laid criminal charges against Lombard Finance and Investment directors Sir Douglas Graham, Michael Reeves, William (Bill) Jeffries and Lawrence Bryant.

Hide vows to stop regulatory wave

Hide vows to stop regulatory wave

Regulatory Reform Minister Rodney Hide yesterday vowed to stop a "tidal wave of regulation" that businesses in New Zealand had to deal with.

Govt controls urged for finance firms

There is an urgent need for tougher rules relating to finance companies, Massey University school of economics and finance lecturer Bill Wilson says.

Telecom to target 200 job losses

Telecom has revised its forecast earnings in coming years, compounding months of difficulties with both regulation and operation, and also announced a targeted reduction of 200 management jobs this year.

Easter provides boost but retail data likely to be flat

Household indicators take centre stage this week with retail figures for February, out today, likely to be meek.

Microsoft's new phones out

Microsoft's new phones out

Microsoft has launched two new phones aimed at young people who use smart phones to navigate and manage their social lives.

Currencies react to Greek aid plan

Currencies react to Greek aid plan

Global currencies yesterday jumped to their highest levels against the United States dollar in several months after Euro zone finance ministers approved a giant 30 billion ($NZ57 billion) emergency aid package for debt-plagued Greece.

A2 name likely to disappear

Dunedin-founded biotechnology company A2 seems destined to disappear following an announcement yesterday it was in merger discussions with its Australian counterpart, Freedom Nutritional Products.