Business News

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Evening Business for 22 May 2015

News from the business sector including a market report.

From Business News on 22 May 2015

Midday Markets for 22 May 2015

For the latest from the markets we're joined by Andrew Cathie at Craigs Investment Partners.

From Business News on 22 May 2015

Serko makes full-year loss, sees profitablity in 2017

Serko has reported a full-year loss, but expects to begin turning a profit in 2017.

From Business News on 22 May 2015

Hellaby Holdings buys firms to strengthen automotive position

The investment firm, Hellaby Holdings, has bought two businesses for less than 25 million dollars to help strengthen its position in the automotive sector.

From Business News on 22 May 2015

New levy makes for unhappy airline and airport

Air New Zealand and Auckland International Airport are unhappy about the Government's levy on international travellers, saying it could deter visitors.

From Business News on 22 May 2015

Airline industry wants Christchurch Airport to drop its price

The Commerce Commission says Christchurch Airport has improved its level of disclosure on its pricing plans, but still thinks its rate of return is too high.

From Business News on 22 May 2015

Comvita says strong sales boost profit by 28%

The natural health company and honey exporter, Comvita, has lifted its full year profit by more than a quarter, due to stronger sales.

From Business News on 22 May 2015

Ryman Healthcare's full year profit driven by strong demand

Ryman Healthcare has lifted its full-profit, thanks to strong demand for its new villages in its target markets of Auckland and Melbourne.

From Business News on 22 May 2015

Markets Update for 22 May 2015

A brief update of movements in the financial sector.

From Business News on 22 May 2015

Morning markets for 22 May 2015

Business growth in the United States and euro zone slowed in May, while China's factory sector contracted again.

From Business News on 22 May 2015

DNZ hopeful of profit boost

DNZ Property Fund says its new NorthWest shopping centre in Auckland will boost profits from the time its opens in October.

From Business News on 22 May 2015

Domino Pizza says GPS technology will create 3,000 new jobs

Domino's Pizza says it will create 3,000 new jobs in Australia and New Zealand in what is set to be the biggest intake of employees in the company's history.

From Business News on 22 May 2015

Intueri Education's profit hit by NZ's strong job market

Intueri Education is building more teaching kitchens to cater for the rising number of international foodies looking to hone their culinary skills in New Zealand.

From Business News on 22 May 2015

Rakon says focus on core strengths will drive revenue growth

Rakon says the company is back in the black and focused on growing its core strengths, after a major restructuring.

From Business News on 22 May 2015

NZX to step up efforts to grow NZ capital markets

The NZX is stepping up efforts to increase the size of New Zealand's capital markets as it faces criticism for its poor share price.

From Business News on 22 May 2015

Migration boom may be short lived

New Zealand's migration boom may be short lived.

From Business News on 22 May 2015

Business reaction to budget

Meanwhile, the budget had little in it for business except for the 500-million dollar cut in ACC levies.

From Business News on 22 May 2015

Budget surplus delayed a year

An economist says next year's forecast surplus could still be missed.

From Business News on 22 May 2015

Today's market update

The sharemarket was flat today, with the benchmark NZX 50 index rising 13 points to close at 5,769.

From Business News on 21 May 2015

Business Briefs

Japan's economy has grown faster than anticipated in the first quarter, jumping zero-point-6 percent, compared to the previous quarter.

From Business News on 21 May 2015

Midday Markets for 21 May 2015

For the latest from the markets we're joined by Belinda Stanley at Craigs Investment Partners.

From Business News on 21 May 2015

Intueri Education's profit hit by NZ's strong job market

Intueri Education says New Zealand's strong jobs market is having a negative impact on its bottom line.

From Business News on 21 May 2015

DNZ Property Fund net profit jumps 16 percent

DNZ Property Fund's net profit has jumped nearly 16 percent to 32-million dollars.

From Business News on 21 May 2015

Rakon returns company to profitability with strong 2nd half

Rakon has returned the company to profitability, after a period of restructuring and asset sales.

From Business News on 21 May 2015

NZ economy looking more attractive

The economy is luring more foreign workers and keeping New Zealanders at home, pushing migration numbers to a new high.

From Business News on 21 May 2015

Markets Update for 21 May 2015

A brief update of movements in the financial sector.

From Business News on 21 May 2015

Morning markets for 21 May 2015

April minutes from the Federal Reserve reveal officials believe it is premature to raise interest rates in June.

From Business News on 21 May 2015

Jade Software plans return to profitability in three years

Jade Software is planning to return to profitability in three years, following strong revenue growth.

From Business News on 21 May 2015

Goodman Property Trust lifts its annual profit by a third

Goodman Property Trust says interest for business premises remains strong.

From Business News on 21 May 2015

Biggest banks have agreed to pay fines

Some of the world's biggest banks have agreed to pay fines of 5.7 billion US dollars for manipulating foreign currency markets.

From Business News on 21 May 2015

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