Precinct Properties has sold a building in Auckland's Queen Street to Robert Jones Holdings for $97 million - nearly $1.5 million more than its June book value. (AUDIO)
The outlook for the infrastructure and building industry points to an easing of investor confidence as the challenges posed by skills and material shortages moderates enthusiasm. (AUDIO)
The number of people moving to New Zealand or staying long-term has hit an all time high for the third month in a row, as a fast-growing economy attracts people looking for work.
Forsyth Barr analyst Chelsea Leadbetter believes Kathmandu is the best-placed of the listed retailers to benefit from the shift in retail sales online.
The New Zealand dollar rose against the currencies of all its major trading partners today, but the local sharemarket shed 24 points to finish the day at 5472.
A round-up from Radio New Zealand's business reporters featuring Precinct Properties selling SAP Tower, Acurity Health lists profit and Ligno using distillers grains as feedstock.
Even though it is a global leader, Netflix will be very much a Johnny-come-lately when it launches its internet based movie and television subscription service here in March.
The Warehouse Group is aiming to become the number one multichannel and digital retailer in New Zealand, as fast moving technology changes the face of retailing.
Millions of dollars of deals in dairying, telecommunications and food research have been announced during the Chinese President Xi Jingping's visit to New Zealand.
Ryman Healthcare has posted another record first-half result and is forecasting its second-half will be even stronger.
The New Zealand dollar rebounded today, shaking off the dampening impact of yet another poor global dairy auction this week, while the sharemarket shed 31 points to close at 5496.
Metro Performance Glass has made a net profit of $800,000 in its first two months of operating ended September and has reported sales in the two months of $31.5 million.
A major Chinese dairy company has announced plans to invest a further $400 million in New Zealand dairy projects as well as research work with Lincoln University.
Fisher & Paykel Healthcare expects to see a 20-fold increase in the number of patients using its key respiratory and acute care products within 10 years. (AUDIO)
Xero's first-half net loss widened 50 percent but its revenue jumped 85 percent as the accounting software company continued to invest in growth. (AUDIO)
Vital Healthcare Property Trust is still on the hunt to buy more properties to add to its portfolio of hospitals and health facilities in Australia and New Zealand. (AUDIO)
Seafood and aquaculture company Sanford said it was likely to sell its Pacific tuna business after lower prices for skipjack tuna meant its full-year profit came in below expectations.
Fisher & Paykel Healthcare's first-half net profit rose 10 percent, as the company continues to increase its share of growing key markets.