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Rubicon plans to sell Clearwood stake for $15.3M

Rubicon plans to sell Clearwood stake for $15.3M to focus on ArborGen business By Tina Morrison

Source: Scoop NZ - Business | 11 Dec 2017 | 12:58 pm(NZT)

Augusta Capital buys Wellington property for new Fund

Dec. 11 (BusinessDesk) - Augusta Capital has unconditionally purchased a Wellington industrial property as a seed asset for a new industrial fund that is expected to initially raise between $50 million and $70 million of equity when it launches early ...

Source: Scoop NZ - Business | 11 Dec 2017 | 12:51 pm(NZT)

Pyne Gould settles Wilaci dispute, other issues ongoing

Dec. 11 (BusinessDesk) - Pyne Gould Corp has reached a confidential deal with Australia's Wilaci over late payment fees, which it says will be smaller than the 20.5 million British pound cost of its Supreme Court-ordered payout.

Source: Scoop NZ - Business | 11 Dec 2017 | 12:49 pm(NZT)

Trump rails against news media after reporting corrections

WASHINGTON (AP) — President Donald Trump is again railing against the news media, calling them a "stain on America."In a tweet Sunday, Trump blasts the lack of attention over what he describes as "false and defamatory stories" by...

Source: nzherald.co.nz - Business | 11 Dec 2017 | 12:25 pm(NZT)

Give to Charity, Not Beggars, This Christmas

While Christmas is the season of goodwill, Retail NZ is urging shoppers to give to charity, not to beggars in the lead-up to Christmas.

Source: Scoop NZ - Business | 11 Dec 2017 | 12:03 pm(NZT)



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'False alarm' triggered temporary pipeline shutdown

Dec. 11 (BusinessDesk) - New Zealand Refining says yesterday's outage on the refinery-to-Auckland pipeline was caused by a "false alarm" and that it's back up and running.

Source: Scoop NZ - Business | 11 Dec 2017 | 12:00 pm(NZT)

Bitcoin futures set to begin trading at Chicago exchange

CHICAGO (AP) — A security based on bitcoin, the digital currency that has exploded in popularly and volatility this year, was to begin trading on a major U.S. exchange for the first time on Sunday.The Chicago Board Options Exchange,...

Source: nzherald.co.nz - Business | 11 Dec 2017 | 11:15 am(NZT)

Rocket Lab countdown to lift-off: What's happening at the Mahia launch pad

Rocket Lab hopes it will get its second test Electron rocket into orbit this afternoon.The launch follows a successful lift-off in May when the first test vehicle reached space but not orbit as a communication glitch meant the mission...

Source: nzherald.co.nz - Business | 11 Dec 2017 | 10:57 am(NZT)

Qatar buys 24 Typhoon fighters as part of $8 billion deal

LONDON (AP) — British aerospace company BAE Systems has agreed to sell 24 Typhoon fighter planes to Qatar as part of a 6 billion pound ($8 billion) deal with European defense contractors.British Defense Secretary Gavin Williamson...

Source: nzherald.co.nz - Business | 11 Dec 2017 | 10:44 am(NZT)

Card spending driven higher by fuel, Black Friday

New Zealand retail spending on electronic cards rose in November, boosted by higher fuel prices and as the US Thanksgiving 'Black Friday' holiday bargains gain international traction.Seasonally adjusted total retail spending on...

Source: nzherald.co.nz - Business | 11 Dec 2017 | 10:37 am(NZT)



Businesses expect weak NZ dollar

Businesses expecting the New Zealand dollar to fall further and stay weak in 2018, while economics are picking a rise.

Source: Radio New Zealand Business Headlines | 11 Dec 2017 | 10:12 am(NZT)

Crime costs retail sector dearly - report

Retail crime costs the sector about $1.1 billion each year with a further $500m spent on crime prevention, a report says.

Source: Radio New Zealand Business Headlines | 8 Dec 2017 | 11:21 am(NZT)

Fonterra cuts milk price forecast

The dairy co-operative reduced its forecast payout to farmers because of volatile prices.

Source: Radio New Zealand Business Headlines | 7 Dec 2017 | 8:32 am(NZT)

What slowdown? House prices accelerate

The housing market has picked up pace again, according to the latest QV data.

Source: Radio New Zealand Business Headlines | 7 Dec 2017 | 7:06 am(NZT)

Tight labour market weighing on businesses - survey

A tight labour market is continuing to weigh on the sentiment of businesses.

Source: Radio New Zealand Business Headlines | 6 Dec 2017 | 8:37 pm(NZT)

Wellington company Chrometoaster wins top Australian design award for educational game

Dave Turnbull's creative juices started flowing in a high school classroom in Queenstown 20 years ago.

Source: Stuff.co.nz - Business | 26 Jun 2017 | 5:00 am(NZT)

Quality versus quantity - tourism shares dairy's challenge

Head of an international marketing company says that going for quality over quantity is the real challenge for New Zealand tourism.

Source: Stuff.co.nz - Business | 26 Jun 2017 | 5:00 am(NZT)

EDITORIAL: Barriers to Christchurch commuter rail service

EDITORIAL: Just one month ago, another proposal for a commuter rail service into Christchurch was turned down by the committee which plans the region's public transport. Now, a Labour Party election pledge has resurrected the idea, proposing a commuter train from Rolleston to the central city.

Source: Stuff.co.nz - Business | 26 Jun 2017 | 5:00 am(NZT)



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E-commerce opens door for ethnic communities: Alibaba

The Internet has made New Zealand is a great place for ethnic minorities to grow a business, according to Chinese mega-company Alibaba.

Source: Stuff.co.nz - Business | 26 Jun 2017 | 5:00 am(NZT)

Languishing malls must develop or die, say retail experts

Suburban shopping malls aren't dead but it's not hard to kill them off, retail experts say.

Source: Stuff.co.nz - Business | 26 Jun 2017 | 5:00 am(NZT)















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