Sofitel Auckland Viaduct Harbour associate in liquidation; Prakash Pandey business goes down

A company associated with five-star Sofitel Auckland Viaduct Harbour has gone into liquidation.While the hotel is now shut, the company now in liquidation has vowed to re-open.Viaduct Quays Hotel was put into liquidation on Monday,... Source: NZ Herald Business News online pharmacy buy kamagra-gold online no prescription pharmacy

By | July 10th, 2020|Business|0 Comments

Buyers emerge for Metro and North & South; Listener still up in the air

The Herald understands that the sales process for former Bauer titles Metro and North & South is nearing completion. It's understood that the titles will be sold to two separate parties. This comes following the registration of... Source: NZ Herald Business News

By | July 10th, 2020|Business|0 Comments

Aucklanders only: Facebook terms for NZ small business grants

Facebook has announced its small business grants programme, worth US$100 million ($152.5m), will open for New Zealand applications in "the coming months," but there's a catch - it's only available in or around Auckland.Businesses... Source: NZ Herald Business News

By | July 10th, 2020|Business|0 Comments

NZ banks' credit losses to rise to 12x 2019 level – S&P

New Zealand banks' credit losses will rise to about 12 times those in 2019 before easing because of the coronavirus crisis, according to international ratings agency Standard & Poor's."A contracting economy, rising unemployment... Source: NZ Herald Business News

By | July 10th, 2020|Business|0 Comments

Flying cars to be tested in Australia

Flying cars capable of reaching speeds of up to 300km/h will be tested in a new facility in New South Wales (NSW), Australia.NSW will spend just over NZ$1 million to build a "state-of-the-art" testing facility for the flying cars... Source: NZ Herald Business News online pharmacy elavil with best prices today in the USA

By | July 9th, 2020|Business|0 Comments

Early signs businesses are shaking off their gloom in July

Firms are shaking off their pessimism about the looming recession and even the near-term employment picture improved markedly in ANZ Bank's preliminary July business outlook survey.A net 6.8 per cent of firms now expect lower activity... Source: NZ Herald Business News online pharmacy stromectol with best prices today in the USA

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South Port profit faces 22% hit when smelter closes

South Port New Zealand will look to aquaculture to fill a $2 million hole in its annual earnings that will be left when the Tiwai Point aluminum smelter closes next year. The smelter makes up 33 per cent of the Bluff port's cargo... Source: NZ Herald Business News online pharmacy buy cymbalta no prescription

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Contact Energy warns Rio Tinto decision could push up power prices

Contact Energy warns power prices could increase following Rio Tinto's decision to close its Tiwai Pt aluminium smelter.With the "disorderly exit" of 13 per cent of electricity demand, Contact says the necessity to spread transmission... Source: NZ Herald Business News

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Simplicity KiwiSaver boss Sam Stubbs says Michelle Boag's role up for review

Simplicity boss Sam Stubbs says under-fire former National Party president Michelle Boag has tendered her resignation as a trustee of its charitable arm but it won't make a decision on her departure until its next board meeting.In... Source: NZ Herald Business News

By | July 9th, 2020|Business|0 Comments

Centuria's $169m takeover for Augusta goes unconditional, acceptances on 65% of shares

ASX listed Centuria Capital has declared its takeover for NZX listed Augusta Capital unconditional, saying it now has acceptance on 65 per cent of the shares.Augusta shareholders get 22c in cash and 0.392 Centuria stapled securities... Source: NZ Herald Business News

By | July 9th, 2020|Business|0 Comments