Business News

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Today's market update

Business firms are feeling even more gloomy about the economy, with confidence falling to a six-year low.

From Business News on 31 Jul 2015

Midday Markets for 31 July 2015

For the latest from the markets we're joined by Don Lewthwaite at First NZ Capital.

From Business News on 31 Jul 2015

OceanaGold says it has agreed to buy Romarco Minerals

The miner, OceanaGold, has agreed to buy Romarco Minerals for about 856 million Canadian dollars, and create what it says will be the lowest cost gold producer in the market.

From Business News on 31 Jul 2015

Kiwi Property wants tax change on quake strengthening costs

Kiwi Property Group is asking for changes to tax regulations, so it can write off some of the 83-and-half million dollars it's spent on earthquake strengthening the Majestic Centre building in Wellington.

From Business News on 31 Jul 2015

Kirks investors agree to takeover by David Jones

The Kirkcaldie and Stains name will soon be no more, after shareholders overwhelmingly agreed to a takeover by Australian retailer, David Jones.

From Business News on 31 Jul 2015

Markets Update for 31 July 2015

A brief update of movements in the financial sector.

From Business News on 31 Jul 2015

Morning markets for 31 July 2015

Wall Street is mixed after some economic data out of the US.

From Business News on 31 Jul 2015

Sir John Todd dies

The head of the one of New Zealand's richest families, Sir John Todd, has died, at the age of 88.

From Business News on 31 Jul 2015

The rich are getting richer - latest NBR Rich List released

The rich are getting richer according to the latest National Business Review Rich List for 2015.

From Business News on 31 Jul 2015

Moa Group sees overseas expansion opportunities

Moa Group says it's well positioned to take advantage of a growing market for craft beer, with lower overheads and improved margins.

From Business News on 31 Jul 2015

Underlying picture for consents still okay - economist

An economist says the underlying picture for housing consents is still rosy, led by Auckland.

From Business News on 31 Jul 2015

Briscoe Group says strong winter sales will drive profit growth

Briscoe Group says it's more than happy with its recent earnings performance and the way it's proposed takeover offer for Kathmandu Holdings is proceeding.

From Business News on 31 Jul 2015

NZ Oil and Gas flagging a potentially significant find

The oil and gas explorer, New Zealand Oil and Gas, is flagging a potentially significant find off the Canterbury Coast.

From Business News on 31 Jul 2015

Evening Business for 30 July 2015

News from the business sector including a market report.

From Business News on 30 Jul 2015

Midday marketsfor 30 July 2015

For the latest from the markets we're joined by Angus Marks at First NZ Capital

From Business News on 30 Jul 2015

Turners buys Southern Finance for $5 million

Turners says it's bought the Christchurch-based Southern Finance company for 5 million dollars.

From Business News on 30 Jul 2015

Heartlands expecting to match forecast profit for the year

Heartland New Zealand is expecting a profit of about 48 million dollars for the 2015 financial year, and expects next year's profits will increase to more than 50 million.

From Business News on 30 Jul 2015

Potentially significant oil find off the Canterbury Coast

The oil and gas explorer, New Zealand Oil and Gas, is flagging a potentially significant oil find off the Canterbury Coast.

From Business News on 30 Jul 2015

Briscoe Group says strong winter sales will drive profit growth

Briscoe Group is expecting its half year profit to rise by at least 8 percent to 20 million dollars, on the back of strong sales and improved margins.

From Business News on 30 Jul 2015

Housing consents have fallen

Housing consents have fallen. Official figures show consents issued dropped a seasonally-adjusted 4-point-1 percent in June compared with the previous month.

From Business News on 30 Jul 2015

Markets Update for 30 July 2015

A brief update of movements in the financial sector.

From Business News on 30 Jul 2015

Morning markets for 30 July 2015

Wall Street is up after a meeting of the Federal Reserve.

From Business News on 30 Jul 2015

IkeGPS considers plans to attract American investors

IkeGPS is considering plans to attract American investors, including the option of listing in the United States.

From Business News on 30 Jul 2015

Ryman buys Hamilton site, close to buying in Melbourne

The retirement and aged care provider, Ryman Healthcare, has bought more land in Hamilton and is close to confirming a third site in Melbourne as part of its plan to increase its resident numbers by 70 percent in the next five years.

From Business News on 30 Jul 2015

Mainfreight takes a swipe at the Treasury

Mainfreight has taken a swipe at the Treasury's call to shut down KiwiRail.

From Business News on 30 Jul 2015

Investors aim to keep listed firms honest

A group of institutional investors is aiming to keep listed firms honest by making sure their rules and processes are open and fair, and ensure their decisions can be accounted for.

From Business News on 30 Jul 2015

Fed leaves door open to September rate hike

The Federal Reserve in the United States has left the door open for a possible rate hike.

From Business News on 30 Jul 2015

Abano expects to grow by acquisition

Abano Healthcare Group is expecting to continue to grow, by buying dental businesses in Australia and Southeast Asia.

From Business News on 30 Jul 2015

Reserve Bank rules out large interest rate cuts

The Reserve Bank says further interest rates cuts are likely, but it's not entertaining the notion of significant reductions.

From Business News on 30 Jul 2015

Today's market update

The Reserve Bank says more interest rate cuts are needed to support the economy, but it has ruled out the need for an aggressive response.

From Business News on 29 Jul 2015

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