Zeta Resources’ takeover bid for New Zealand Oil & Gas has failed to meet its minimum acceptance level, clearing the way for acceptances of the counter takeover offer from OG Oil & Gas ...
From underachiever to overachiever, Tourism Holdings has rallied its operations in recent years.
Dunedin-based shared business space company Petridish is in major expansion mode, looking to increase its business membership eightfold to potentially 300 people over the next 18 months.
The Cerebos Greggs food and instant coffee factory in Dunedin has been sold, as part of a wider acquisition of New Zealand, Australian and Asian assets by food giant The Kraft Heinz Company.
The Deloitte South Island index of companies has gained $1.34 billion in market capitalisation for the year to September, reporting a record $19.58 billion for the 31 companies since the index...
Dunedin bladder cancer diagnostic company Pacific Edge has been ranked 6th within the Technology Investment Network (TIN) Top Ten List of Hot Emerging Companies for 2017.
New Zealand’s road and rail transport networks have been found wanting. ODT senior business reporter Simon Hartley talks to Westpac’s new industry economist Paul Clark about the country...
Farm sales across the country mirrored their urban housing cousins, booking a more than 30% plunge in the number of sales for the quarter ended September.
Global demand for crude oil is expected to continue to be bullish after Brent crude hit a two-year high, at $US59 ($NZ65) a barrel last month, also New Zealand heavy road traffic seems set to...
Dunedin company Pacific Edge’s securing of $21.3 million in a rights issue to shareholders has seen $17.5 million wiped off its market capitalisation, after its shares plunged 25% to 33c.
Tourism Holdings’ meteoric share price rise from about 60c to $4.85 in the past four years has reflected substantial industry tailwinds, but a slowing in growth expectations has attracted a stock downgrade.
Niche Dunedin engineering company Scott Technology has posted a strong full-year result, with revenue up 18% to $132.6million and before-tax profit up 35% to $14.9million.
Median house prices in Dunedin and the Queenstown Lakes district showed double-digit gains in September, but across Otago the number of houses sold plunged 17%.
House prices in the Central Otago Lakes area may be declining, but homes in the region remain more unaffordable than in Auckland-Coromandel.
Dunedin cancer diagnostic company Pacific Edge is again tapping shareholders for more cash, as it seeks to raise $21.3million as its monthly cash burn eats into dwindling cash reserves.
Growth in consents for residential and commercial properties has been volatile with new expectations emerging the sector will remain ''broadly flat'' for some time.
Southern deepwater oil and gas deposits are at the heart of a takeover bid for NZ Oil & Gas, as rival companies each seek to grab a controlling stake in the explorer.
Retirement village operator Summerset remains on track to deliver 450 units during full-year 2017, but the potential effect of the slowing housing market has been noted by analysts.
For the first time, gold from Oceana Gold’s new Haile mine in South Carolina will be hitting the bottom line as full commercial production formally started on October 1.
A more than $5million mall redevelopment in George St is well under way, with global shared business space company Regus targeting its opening in mid-January.