Threats from US put new pressure on Iranian oil importers

Importers of Iranian oil are facing pressure from the United States to find another energy source or be hit with sanctions.The Trump administration is threatening other countries, including close allies such as South Korea, with... Source: NZ Herald Business News

By | June 28th, 2018|Business|0 Comments

Matthew Hooton: Business uncertainty to get worse

COMMENT: Pity Finance Minister Grant Robertson. The former student leader, junior diplomat and political staffer has done almost everything right to avoid repeating the Winter of Discontent that rocked Helen Clark's first term.He... Source: NZ Herald Business News

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Countdown unveils new song, voice and ad in mission to become 'more Kiwi'

Countdown has long had to contend with the fact that it isn't a Kiwi company. Its 18,000 staff, 3 million weekly customers and thousands of suppliers might largely be New Zealanders, but the overarching business remains in Australian... Source: NZ Herald Business News

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Stock Takes: NZX is warned over expertise

Sharemarket operator, the NZX, will add a more experienced staffer to its market surveillance team after pressure from securities regulator, the Financial Markets Authority.The FMA has released its annual report on the NZX which... Source: NZ Herald Business News

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Auckland Council's sales of public land spark a marina protest over the 'City of Sales'

Boating marinas across Auckland are the focus of a multi-million dollar development surge which some claim threatens to reduce public access to waterfront locations.Richlister Simon Herbert is at the forefront of development plans... Source: NZ Herald Business News

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NZ shares up; Comvita and Kathmandu rally while Fisher & Paykel drops

New Zealand shares rose, led higher by Comvita and Kathmandu Holdings, while Fisher and Paykel Healthcare Corp and Trade Me Group fell.The S&P/NZX50 Index gained 2.27 points, or 0.03 per cent, to 8,998.79. Within the index, 32 stocks... Source: NZ Herald Business News

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NZ dollar touches fresh 2-year low as market begins to price in rate cut

The New Zealand dollar touched a fresh two-year low after the central bank kept rates on hold and the market began to price in a possible cut.The kiwi traded at 67.80 US cents as at 5pm in Wellington versus 67.91 cents at 8am and... Source: NZ Herald Business News

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Court's ruling hits teachers unions, but how hard is unclear

COLUMBUS, Ohio (AP) — Teachers unions are hoping that recent grass-roots protests over pay and working conditions will blunt the impact of a U.S. Supreme Court ruling on union fees and help persuade dues-paying members not to abandon... Source: NZ Herald Business News

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Massive strike by MBIE and IRD staff confirmed

A massive public service strike has been confirmed.The PSA says its attempts to broker a solution to next month's industrial dispute have failed, and more than 4000 members will walk off the job next month.Advocates attended eleventh-hour... Source: NZ Herald Business News

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Kiwi financial jobseekers becoming more impatient during recruitment process

New Zealand's financial jobseekers are becoming more impatient during the recruitment process, according to new research.The research, commissioned by specialised recruiter Robert Half, of 100 chief financial officers across the... Source: NZ Herald Business News

By | June 28th, 2018|Business|0 Comments