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Jan. 26 (BusinessDesk) – Fletcher Construction (FCC) has lost its bid to toss out a claim by Capital & Coast District Health Board (CCH) over leaky pipes at Wellington hospital, with the judge ruling the suit was largely strong enough to go to trial. Read more »

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Jan. 26 (BusinessDesk) – New Zealand shares dropped as an Australian public holiday saw a quiet day where the benchmark index fell, led lower by Air New Zealand and Trustpower, while Metro Performance Glass gained. Read more »

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Jan. 26 (BusinessDesk) – The New Zealand dollar is heading for a 0.9 percent gain against the greenback this week but may run out of steam as investors pay more attention to a narrowing interest rate differential with the US. Read more »

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Jan. 26 (BusinessDesk) – Wellington Drive Technologies says it won’t meet 2017 earnings guidance after disappointing revenue in the fourth quarter, and has some supply concerns but remains positive about 2018. Read more »

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Jan. 26 (BusinessDesk) – Auckland property developer Augustine Lau has been sentenced to two-and-a-half months prison for damaging seven protected native trees in 2014 after receiving multiple warnings from the local council. Read more »

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Jan. 26 (BusinessDesk) – The New Zealand Transport Agency has given the joint venture building the $850 million Transmission Gully motorway north of Wellington some breathing room on its completion date after the November 2016 earthquake, followed by torrential … Read more »

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Jan. 26 (BusinessDesk) – Popular Wellington diner Five Boroughs has moved across town into smaller premises after the company was put into voluntary liquidation, which the owners say give it greater opportunity to chase more profitable business. Read more »

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Jan. 26 (BusinessDesk) – Oceania Healthcare is going upscale with its aged-care offering, targeting suites that attract a variety of fees over and above the government funding accompanying a traditional care bed. Read more »

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Jan. 26 (BusinessDesk) – The New Zealand dollar fell almost half a US cent after US President Donald Trump said he wanted to see a “strong” greenback and that comments by his Treasury secretary earlier this week were misinterpreted. Read more »

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Jan. 26 (BusinessDesk) – Wall Street climbed, lifting the Dow to a record, amid optimism about the outlook for corporate earnings including those of Caterpillar, while the euro rose to a three-year high amid an upbeat economic assessment of the European … Read more »

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Jan. 25 (BusinessDesk) – New Zealand shares rose, led higher by Pushpay Holdings and A2 Milk Co, with Trustpower and Infratil weakening. Read more »

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Jan. 25 (BusinessDesk) – The New Zealand dollar fell as weaker-than-expected inflation figures dashed expectations the Reserve Bank might have raised interest this year, although the greenback remained out of favour over US Treasury Secretary Steven Mnuchin’s … Read more »

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Jan. 25 (BusinessDesk) – The Wood Processors & Manufacturers Association of New Zealand continues to lobby the government for more a more favourable trading environment as processors such as Juken New Zealand eye drastic measures in the face of subsidised … Read more »

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Tauranga’s SwipedOn raises $1 mln to accelerate growth after hitting $1 mln in sales Read more »

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Jan. 25 (BusinessDesk) – Living Cell Technologies has sold its half-share in a joint venture with Japan’s Otsuka Pharmaceutical Factory for A$3 million, giving the Kiwi biotech firm enough funds to keep operating for the next two-and-a-half years. Read more »

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Jan. 25 (BusinessDesk) – Communications Minister Clare Curran wants to get rid of a siloed approach in digital policymaking that has led to missed opportunities as she seeks to bridge the digital divide between communities with good internet access … Read more »

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Jan. 25 (BusinessDesk) – The government will amend the Employment Relations Act to strengthen collective bargaining, reinstate minimum standards and employee protections, and prevent 90-day trials being used by big businesses. Read more »

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Jan. 25 (BusinessDesk) – The New Zealand dollar fell 1 US cent as surprisingly weak fourth-quarter consumer price inflation data dashed expectations the Reserve Bank might lift rates this year rather next. Read more »

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Jan. 25 (BusinessDesk) – New Zealand fourth-quarter inflation was lower than expected as higher fuel prices were offset by a slide in food prices and as some major retailers move away from short-term discounts and specials to consistently lower prices for … Read more »

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Jan. 25 (BusinessDesk) – The New Zealand government posted an unexpected operating surplus in the first five months of the financial year as rising consumer spending bolstered GST and a robust labour market boosted income tax. Read more »