Comvita, the manuka honey company, made a loss in the first half of its financial year after Chinese authorities cracked down on people selling its products through informal trading channels.
With first-half revenue up 7% and underlying after-tax profit above 6%, Freightways is painting a positive outlook for its full year 2017 result.
Telecommunications company Chorus received its expected significant lift in revenue from the full period of regulated price changes, Forsyth Barr broker Lyn Howe said yesterday.
New Zealand Post and its majority-owned Kiwi Group Holdings both reported reduced profits for the six months ended December.
Tourism, cafes and restaurants underpinned a strong January showing for Otago Southland's services sector performance index, well up on January last year and continuing December's positive run.
Southland shearer Leon Samuels today set a new world solo eight-hours strongwool ewe-shearing record after a tally of 605 in a woolshed north of Gore.
US food company Kraft Heinz Co withdrew its proposal for a $143-billion ($NZ199b) merger with larger rival Unilever Plc, raising questions about whether Kraft will turn its focus to another target.
Otago dairy farming leaders joined their counterparts from throughout the country at the recent annual Dairy Environment Leaders Forum in Wellington.
The geep might have been a sheep but an odd-looking animal found on the Taieri a few years ago helped spur some interesting research.
The World Shearing and Woolhandling Championships proved an ideal forum to seek feedback on a new online resource for shearing contractors and farmers.
For the first time in five years the price of lamb has gone up from January to February, delivering farmers an unseasonal boost to earnings for this time of year.
A cooling housing market appears to have also cooled expectations for higher house prices, but the ASB Housing Confidence survey still finds most respondents think now is a bad time to buy a house.
Wednesday and Thursday will be peak days for both New Zealand and Australian companies as the December reporting season continues this week.
For Milton farmer Nigel Woodhead (28) there was no pre-wedding gift quite like becoming Young Farmer of the Year for the lower South Island.
US food company Kraft Heinz has made a surprise offer for Unilever in a bid to build a global consumer goods giant, although it was flatly rejected by the maker of Lipton tea and Dove soap.
The holiday season may have undermined a run of manufacturing expansion in the South during the past quarter, led into contraction in January by softening production and employment data.
ANZ New Zealand, the country’s largest bank, increased both its statutory and cash profit in the three months to December, but experienced squeezed interest margins in the period.
Abano Healthcare’s board has rejected both the increased hostile takeover offer by Healthcare Partners and its request to undertake due diligence on the transtasman dental chain operator.
Quality must not fall with growth in the tourism sector, Auckland Airport chairman Sir Henry van der Heyden says.
A Wanaka landowner has been fined $20,000 and ordered to carry out about $100,000 of replanting after admitting illegally clearing indigenous vegetation last year.