Jetstar offloads 22 passengers from Cook Islands flight

Jetstar was forced to offload 22 passengers just before take-off for the Cook Islands to load more fuel because of threatening weather at alternate airports.One passenger said it was an ''appalling failure'' by the airline last... Source: NZ Herald Business News

By | August 31st, 2018|Business|0 Comments

NZ shares fall, led lower by Sky TV

New Zealand shares dipped, led lower by Sky Network Television and Tourism Holdings, but gained over 4 per cent in the month after a busy earnings season.The S&P/NZX50 dropped 26.68 points, or 0.3 per cent, to 9,313.2. Within the... Source: NZ Herald Business News

By | August 31st, 2018|Business|0 Comments

Japan would boost missile defenses in record military budget

TOKYO (AP) — Japan's Defense Ministry is seeking to more than double spending on missile defense, including purchases of costly American arsenals, to defend against North Korean threats.The record-high 5.3 trillion yen ($47 billion)... Source: NZ Herald Business News

By | August 31st, 2018|Business|0 Comments

Auckland Airport and fog flight woes: What you need to know

This morning fog has once again affected flights at Auckland Airport. Why does this low-lying cloud cause such widespread problems for planes? What happens when fog sets in? The fog season for airports runs from April to September... Source: NZ Herald Business News

By | August 30th, 2018|Business|0 Comments

Trump cancels pay raise due federal workers in January

WASHINGTON (AP) — President Donald Trump has told Congress he is canceling a pay raise that most civilian federal employees were due to receive in January, citing budgetary constraints.Trump informed House and Senate leaders in... Source: NZ Herald Business News

By | August 30th, 2018|Business|0 Comments

Stock Takes: A2 Milk on a rollercoaster ride

A2 Milk has been a volatile stock and the curious business of short selling appears to be at least partly to blame.Sharp movements, up or down, seem to be par for the course for a2 Milk, which this month produced a 116 per cent... Source: NZ Herald Business News

By | August 30th, 2018|Business|0 Comments

Matthew Hooton: Business advisory council may surprise

COMMENT: Establishing a prime-ministerial business council is a standard ploy out of the most introductory political playbook. Still, they can be worthwhile.Jim Bolger called his The Enterprise Council. "Enterprise" was to the... Source: NZ Herald Business News

By | August 30th, 2018|Business|0 Comments

From accident to bold plans – Kiwi biotech company takes science to market

Some of the greatest scientific discoveries have been stumbled upon by a researcher hunting for something else. Now, Waikato start-up Synthase Biotech hopes to take its place on that list.Synthase's back story certainly qualifies... Source: NZ Herald Business News

By | August 30th, 2018|Business|0 Comments

Apple CEO Tim Cook cashes in $181 million worth of stock awards

Apple chief executive Tim Cook has wasted no time cashing in US$121 million ($181.9m) worth of stock awards.Cook was awarded 560,000 shares by the iPhone maker last Saturday, according to a regulatory filing.The stock options... Source: NZ Herald Business News

By | August 30th, 2018|Business|0 Comments

Amy Adams: New Zealand's economy needs real leadership not policy uncertainty

COMMENT: In the simplest of terms New Zealand needs a growing economy because that means more jobs, higher incomes and more revenue to pay for the things we need.The Government has a key role to play in delivering sensible, consistent... Source: NZ Herald Business News

By | August 30th, 2018|Business|0 Comments