Comvita shares sank 14% after the manuka honey products maker warned annual earnings would tumble by about two-thirds as the nation's unseasonably wet and windy weather saps the honey harvest and...
Standard & Poor’s affirmed New Zealand’s credit rating, saying the economy’s solid growth looks set to continue and the Crown’s fiscal management remains prudent. The kiwi dollar gained.
Xero chairman Chris Liddell will step down from the board at the end of the week to take up a role in US president-elect Donald Trump’s administration.
Building consents for retirement villages continued to rise in November, as operators expand to meet the demands of New Zealand’s ageing population.
New Zealand seasonally adjusted retail spending on electronic cards eased more than expected, despite the Christmas holiday.
Fonterra Co-operative Group and Livestock Improvement Corporation, both farmer-owned co-operatives, are set to launch a new online farm performance tool in mid-February.
Auckland-based Veritas Investments said yesterday it was still working on a plan for its unprofitable Nosh supermarket business to be presented to ANZ Bank New Zealand.
Fairfax NZ has posted its first annual loss in four years, as it wrote off more than $100 million from the value of its mastheads and buildings and more than doubled its bill to pay out redundancies in 2016.
Comvita has sold its Medihoney brand to United States partner Derma Sciences for about $19 million, and will reap a further $11 million selling Derma shares.
Warehouse Group, will trim down its structure to cut costs, bundling its stationery and 'Red Sheds' into one division and its Noel Leeming and Torpedo7 groups into another.
CBL Corp has completed its purchase of France’s Securities and Financial Solutions Europe SA, taking over its biggest customer in a deal the credit and financial risk insurer expects will lift earnings.
Restaurant Brands New Zealand says its deal to buy Pacific Island Restaurants (PIR), the largest fast-food operator in Hawaii with 82 Taco Bell and Pizza Hut stores, has been delayed until the end...
Kiwis Against Seabed Mining (KASM) has been denied charitable status and the accompanying tax benefits.
Dairy product prices fell at the Global Dairy Trade auction, sliding for a second consecutive auction, as whole milk powder prices unexpectedly sank amid increased volume on offer.
Spotlight posted a decline in profit for the first time in five years in 2016, as it marked two decades in this country.
NZAX-listed mobile payments company Lateral Corp is the vehicle for a backdoor listing in a $3.2million deal with property developer Golden Tower NZ.
ASX-listed autoparts company Bapcor is creeping closer to control of Hellaby Holdings, building a 47.5% stake according to its latest disclosure yesterday.
From a precarious looking start, the New Zealand economy has come through 2016 with a rising confidence as revenue and indicators picked up, PaulMcBeth, of BusinessDesk, observes.
Wellington’s Habitual Fix on Featherston St has been placed into liquidation after a significant drop in turnover after November’s earthquakes.
Housing credit growth continued to lose momentum in November, according to fresh figures from the Reserve Bank of New Zealand, as the latest investor loan-to-value ratio (LVR) restrictions look to...