Article – BusinessDesk

April 6 (BusinessDesk) – Ongoing trade ructions between China and the US could create some short-term opportunities for New Zealand exporters but will be outweighed by the longer-term damage to global trade, analysts say. Read more »

Article – BusinessDesk

April 6 (BusinessDesk) – Orion Health Group shares jumped 18 percent after media speculation of a trade sale spurred the health software developer to confirm it was pursuing “potentially significant transactions”. Read more »

Article – BusinessDesk

April 6 (BusinessDesk) – Taranaki’s tourism sector is getting the bulk of a $20 million injection from Regional Economic Development Minister Shane Jones’s provincial growth fund to help wean the region off its reliance on the dairy and energy industries. Read more »

Article – BusinessDesk

April 6 (BusinessDesk) – The New Zealand dollar dropped after US President Donald Trump called for US$100 billion of additional tariffs on Chinese goods, ratcheting up concerns about a global trade war and triggering a spike in risk aversion among … Read more »

Article – BusinessDesk

Summerset first quarter sales fall 16%; on track to deliver 450 new homes in 2018 Read more »

Article – BusinessDesk

April 6 (BusinessDesk) – ERoad’s annual sales of contracted units rose 62 percent, meeting guidance, as the logistics and fleet management firm’s North American expansion continues to accelerate. Read more »

Article – BusinessDesk

April 6 (BusinessDesk) – The New Zealand dollar fell as a perceived thaw in the US-China trade relations stand-off stoked demand for the greenback and renewed investors’ appetite for risk-sensitive assets, pushing stocks on Wall Street higher. Read more »

Article – BusinessDesk

April 6 (BusinessDesk) – Equities on both sides of the Atlantic rallied amid signs that the US and China will negotiate to halt an escalating trade dispute that has dampened an otherwise optimistic outlook for corporate profits and economic growth. Read more »

Article – BusinessDesk

MARKET CLOSE: NZ shares drop led by Sky TV, Fletcher at 9-year low; Kathmandu, Synlait gain Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – The New Zealand dollar rose against the Australian dollar as investors shrugged off better data across the Tasman and remained jittery about the potential impact of a global trade war. Concerns did ease slightly in Asian trading … Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – Scott Technology boosted first-half profit 26 percent as demand for the Dunedin-based firm’s automation and robotics systems saw it operating near full capacity. Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – Lyttelton Port Co workers belonging to the Rail and Maritime Transport Union (RMTU) will begin striking again later this month as the union and maritime hub operator remain in dispute over pay and rosters. Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – The government will help fund the construction of irrigation projects on the Canterbury plains and near Kurow and Nelson as it winds back support for large-scale water schemes. Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – Broking firm First NZ Capital (FNZC) has done a deal with Auckland-based stock analysis company Shareclarity to provide equity research for independent retail investors. Read more »

Article – BusinessDesk

April 4 (BusinessDesk) – Orion Health Group, whose shares hit a record low this week after the company cut guidance for the third time, can reach profitability with further cost-cutting and may not need to raise more capital, says chief financial officer … Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – ASX-listed autoparts maker Bapcor has exited the last of the leftover Hellaby Holdings assets it didn’t want with the sale of industrial asset maintenance firm TBS Group for $35 million, reaping more from the divestments than … Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – New Zealand commodity prices rose for a third month in March as tight supply bolstered prices for dairy and meat products and Chinese demand continued to underpin forestry. Aluminium prices fell as the US imposed tariffs, stoking trade … Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – New Zealand carpet maker Cavalier Corp is emerging from a tough period after an influx of cheaper synthetics forced it to restructure its business to compete. It has now streamlined its operations and with most of the … Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – New Zealands biggest architectural firm Jasmax is laying off staff and has seen its managing partner resign from the company. Read more »

Article – BusinessDesk

April 5 (BusinessDesk) – Synlait Milk said it will spend about $18 million to double production of lactoferrin at its Dunsandel plant after securing a multi-year agreement to supply the high-value milk protein. Read more »