Sky Network Television shares plunged below $1 for the first time in its 21 years as a listed company after Spark NZ beat the pay-TV operator to secure cricket broadcasting rights.
New Zealand shares rose in quiet trading, led by Fonterra Shareholders' Fund units which hit a four-month high as investors and suppliers take some confidence in the dairy processor's new strategy.
Kathmandu Holdings' shares jumped to their highest level since April after the retailer said annual profit rose as much as 13 per cent on faster sales growth across the Tasman and new contributions...
Receivers for Ebert Construction have said that subcontractors are likely to be left out of pocket after the collapse of the business.
Activity in New Zealand's services sector softened in June, adding to a picture of lacklustre economic growth.
New Zealand's economy grew in line with expectations in the first quarter, as strong construction activity offset weak services output.
New Zealand's services sector activity slipped further in April, touching the lowest level in more than six years and adding to concerns about an economic slowdown.
Pure Cann New Zealand has secured $6 million from Australia's Cann Group for a 20% stake in the local medicinal cannabis company.
An Otago farmer's misplaced trust in a stock and station agent has ended with a judge saying the days of doing business on a handshake are over.
A Milton farmer's misplaced trust in a stock and station agent has ended with a judge saying the days of doing business on a handshake are over.
New Zealand posted a trade surplus of $12 million in February, down from a $188 million surplus in the same month a year ago, as China boosted milk powder exports while imports of cars rose.
The broadband in around 40,000 rural households won't be good enough to stream Rugby World Cup matches later this year.
Growth in the uptake of ultra-fast broadband on the networks Chorus is installing slowed in the December quarter as more of the roll-out was completed.
2degrees has appointed chief financial officer Mark Aue as chief executive, replacing Stewart Sherriff, who signalled in August that he wanted to step down after five years in the top job.
Barfoot & Thompson says the tide is turning towards a buyers’ market for Auckland housing.
The Sealord Group has lifted its annual net profit 3% after it disposed of a loss-making venture and as earnings from continuing operations climbed by 11.4%.
A year after its backdoor listing, TIL Logistics has renewed the third of three contracts billed as risks to its financial performance.
Electricity lines companies have been told to act with "ambition and urgency'' when changing their pricing to cater for new technologies like solar panels, electric vehicles and batteries.
Kiwibank says the number of customers using its branches has halved since 2015 and fewer than 5% of customers use a branch as their only means of interacting with it, a parliamentary select committee has been told.
Tower won't pay a dividend this year as planned as the cost of covering wild weather claims across the Pacific and a settlement with its reinsurer kept the firm in the red.