The continued volatility of the retail sector in New Zealand and overseas became clearer yesterday with two listed retailers announcing plans at either end of the spectrum.
Dunedin-based biomedical company Pacific Edge yesterday secured another major agreement that will help the global expansion of its bladder cancer-testing product.
Air New Zealand is flying high with customers and sharebrokers as it continues to fly its passengers while Qantas and other airlines keep their planes grounded.
Rising food prices have started to pinch, with Statistics New Zealand yesterday reporting a 7.4% in the cost of food in the year ended May.
Investors yesterday reacted positively to news SkyCity Entertainment was negotiating with the Government over a proposal to build a $350 million convention centre in Auckland.
The New Zealand dollar fell yesterday, down nearly 1% against most of the currencies of major trading partners, as earthquakes continued to rock Canterbury.
Having attended several "cloud" seminars in the past four years, and written several articles and columns about the same, Mackline now has a sense that the game is about to change.
The New Zealand Debt Management Office is borrowing extra money now to have a better blend of long-term debt and lower borrowing costs in the future, treasurer Phil Combes says.
One of the pleasures of reviewing books is finding one written so well that there has to be a line drawn from racing from chapter to chapter and holding back so the end does not come too quickly. The Hunter (Hachette), by Tom Wood, is such a book.
Dunedin South MP Clare Curran was yesterday removed from Parliament for wearing a Highlanders rugby jersey, a move she called an overreaction by Speaker Lockwood Smith.
New Zealand is still on track to reach a record budget deficit of nearly $17 billion by the end of this month (June) but Treasury figures out yesterday showed some encouraging signs for the Government.
Expectations of increased economic activity because of rebuilding Christchurch and holding the Rugby World Cup have pushed business confidence to a record high, according to the latest BNZ survey.
The Government is under attack for borrowing more than it needs to meet current liabilities and opponents of the actions are accusing Finance Minister Bill English of subterfuge.
The Reserve Bank is widely expected to leave official interest rates unchanged at 2.5% on Thursday, despite some encouraging signs emerging in the New Zealand economy.
The International Air Transport Association yesterday slashed its 2011 airline industry profit to $US4 billion ($NZ4.92 billion), a 54% fall compared with the $US8.6 billion forecast in March.
Green Party co-leader Metiria Turei yesterday renewed her attack on the Government and KiwiRail for awarding $500 million of work to overseas contractors.
Issuing green energy bonds would give New Zealanders a safe place for their retirement funds and give state energy companies access to capital, the Green Party says.
A skills shortage is starting to bite in the South as employment agencies and employers struggle to find qualified staff.
The DNZ proposal to merge with Argosy has dominated the New Zealand listed property sector in the past month, Forsyth Barr broker Tony Conroy says.
The Government's new Environmental Protection Authority has been labelled an "economic development agency in drag", by Labour environment spokesman Charles Chauvel.
