Opec agrees to continue restricting supply

The oil ministers from the OPEC cartel and a group of non-OPEC partners agreed on Thursday (US time) to extend crude output cuts until the end of next year in efforts to keep supplies tight and bolster prices.The move reflects the... Source: NZ Herald Business News

By | November 30th, 2017|Business|0 Comments

Harry Potter puts a curse on Barnes & Noble's sales

NEW YORK (AP) — Call it the curse of Harry Potter.Shares in bookseller Barnes & Noble tumbled almost 12 percent Thursday after the company reported a sharp drop in quarterly sales.It said part of the blame was that in the same... Source: NZ Herald Business News

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American says it has found pilots for most Christmas flights

FORT WORTH, Texas (AP) — American Airlines says only a few hundred of its late December flights remain without pilots scheduled to fly the plane.An airline spokesman said Thursday that pilots were picking up extra flights and the... Source: NZ Herald Business News

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The Latest: OPEC, allies extend oil output cuts through 2018

VIENNA (AP) — The Latest on OPEC's meeting about oil production (all times local):7:10 p.m.OPEC oil ministers and their non-OPEC partners have agreed to extend crude output cuts until the end of next year in efforts to keep supplies... Source: NZ Herald Business News

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OPEC and non-OPEC partners extend crude output cuts until end of 2018 in effort to keep supplies tight, bolster prices

VIENNA (AP) — OPEC and non-OPEC partners extend crude output cuts until end of 2018 in effort to keep supplies tight, bolster prices. Source: NZ Herald Business News

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Australian lawmaker resigns roles over Chinese dealings

CANBERRA, Australia (AP) — An Australian lawmaker has resigned from his leadership roles in the opposition party over scandals involving a wealthy Chinese businessman and political donor that have raised accusations of China buying... Source: NZ Herald Business News

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Asian stocks fall after tech slide pulls down Wall Street

BEIJING (AP) — Asian stock markets declined Thursday after U.S. tech stocks fell and China reported stronger manufacturing as investors looked ahead to a key OPEC meeting.KEEPING SCORE: The Shanghai Composite Index shed 0.3 percent... Source: NZ Herald Business News

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NZ probes sacked US TV host Matt Lauer's Queenstown estate

New Zealand authorities want more information about sexual harassment claims against US television host Matt Lauer, who owns a $13 million lakefront property near Queenstown.The Overseas Investment Office "is aware that allegations... Source: NZ Herald Business News

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What North Korean photos say about new ballistic missile

TOKYO (AP) — North Korea released dozens of photos Thursday of the Hwasong-15, a new intercontinental ballistic missile it claims can reach any target in the continental United States. The photo dump, published in the paper and online... Source: NZ Herald Business News

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New Zealand aviation market set to boom says Airbus

Airbus says the number of airline passengers to New Zealand's top three cities will nearly double to 38 million by 2036.In its latest market forecast the company says the passenger aircraft fleet above 100 seats serving Australia,... Source: NZ Herald Business News

By | November 30th, 2017|Business|0 Comments