Moody's mulls Telecom downgrade
By AARON LIM - BusinessDay.co.nz
International credit rating agency Moody's Investors Service has put Telecom under review for a possible downgrade.
Cynotech looks for increased profit
By DAVID HARGREAVES - BusinessDay.co.nz | 03:35PM
Finance company Cynotech is predicting a "reasonable increase" on last year's $1.8 million profit in the year to December.
NZ energy records posted in September quarter
Reuters | 03:12PM
Record crude oil prices, petrol prices and geothermal electricity generation marked New Zealand's energy trends in the September quarter this year.
Christmas sales flag
By DAVID HARGREAVES - BusinessDay.co.nz
The Christmas shopping season is off to a very slow start - with sales recorded by the country's largest eftpos provider up just 1.7 percent in the first two weeks of December compared with the same period last year.
More Business Stories
- Auckland City in $200m debt offer
- Councils post 42pc profit jump
- Company fined for bogus breast pills
- Michael Hill feels the strain
- Date set for Bridgecorp hearing
- ING urged to repay funds
- Retailers have fingers crossed for Christmas rush
- Airlines to face cartel charges
- Developer in IRD fight again
- More banks embroiled in Madoff scandal
- Geneva Finance, Plus SMS late with half-year reports
- It'll be a buyer's market in 2009
- Treasury warns of tough time
- Gloom as manufacturing sales volumes hit 5-yr low
- Price-fixing claims denied by Air NZ
- Bankruptcies up 20pc and rising
- ANZ picks kiwi to fall below US45c
- Air NZ hits back at cartel probe
- Treasury boss down on NZ economic prospects
- Mass layoffs loom for Waikato mushroom farm
- Stink costs 160 Waikato jobs
- Trade minister disappointed at further WTO talk delays
- Personal bankruptcies up 25 pc
- Housing affordability best since 2005 - report
- Manufacturing sales drop to five-year low
- Richina Pacific plans to delist from NZX
- Nervous retailers eye full shelves
- More businesses axing staff
- PFG announces half year loss
- Marlborough company claims successful algae refining
- The art of keeping it simple
EU unveils climate, economic stimulus plan
Reuters
European leaders have sealed a 200-billion-euro economic crisis pact, while unveiling an ambitious climate change deal to cut greenhouse gas emissions by 20 percent from 1990 levels by 2020.
Focus on White House in auto bailout saga
We don't yet get the gravity of this crisis
By ROD ORAM - Sunday Star Times
Congratulations, New Zealand! We have become the Road Runner cartoons' Wile E Coyote of nations. During the past year we have run full-tilt over the cliff. If we keep running and don't look down, our political and business leaders assure us, we'll be all right.
A principle of shareholders' rights
Oz Minerals sheds 135 jobs
AAP
Australia's largest zinc miner has sacked 135 workers at a north-west Queensland mine.
The long running air cargo 'cartel' saga
By DENISE MCNABB - The Independent
Charges being filed in the High Court today against Air New Zealand alleging illegal cartel action come in the face of repeated claims by the carrier's chief executive Rob Fyfe that there is no evidence to support such accusations.
Hellaby fix-it pilot unfazed by clouds
Dec 16 - Open: Kiwi unable to hold gains against greenback
The New Zealand dollar was unable to hold on to mild gains against a weakening greenback, as the euro surged against the United States currency.
Dec 15 - Close: NZD firms in quiet session
Dec 16 - Open: Market opens flat
NZPA
The New Zealand sharemarket opened on a flat note today, after stocks fell on Wall Street overnight.
Dec 15 - Close: Sharemarket gives up gains to close flat
Retail landlords nervous
By LIZ MCDONALD - The Press
Confidence among commercial landlords has plunged in the past three months, as LIZ McDONALD reports.
Redundancy help package detailed
- Schapelle's sister 'a hot little mumma'
- Kiwi on Thai drugs charges
- Caddie's outburst disappoints Tiger
- Hutt crash 'terrible waste of young lives'
- Kidman upsets Aborigines by playing didgeridoo
- Sarkozy's wife sues over nude images
- It'll be a buyer's market in 2009
- 'Pimp' had 'perfect client' for underage teen, court told
- Cigarette linked man to two rapes
- Slow driving lands top jockey in court
RING THE CHANGES: Chief executive Mark Hamilton at the Bell Tea and Coffee Company's new $8.5 million offices and warehouse in Highbrook.
• Read more
More banks embroiled in Madoff scandal
Banks and investment funds across the world have lined up to admit investing billions of dollars in the companies of Bernard Madoff, whom US authorities accused of masterminding a massive fraud.
Hellaby fix-it pilot unfazed by clouds
John Williamson has developed a reputation for being something of a fixer. He is now working on listed Auckland diversified industrial and retail company Hellaby Holdings, reports Kris Hall.
- Courts
- |
- Environment
- |
- Education
- |
- Health
- |
- Korero
'Pimp' had 'perfect client' for underage teen, court told
A teenage girl has told a New Plymouth court that brothel owner Michael Andrew Keith Hastie asked her to work as a prostitute when she was 15.
- Rugby
- |
- League
- |
- Cricket
- |
- Football
- |
- Basketball
Kiwi third fastest
New Zealand driver Brendon Hartley has guided his Red Bull car to the third fastest time after day one of Formula One (F1) testing in Spain.
Top dollar at mortgagee sale
A three-hectare development site in central Auckland has been sold for $43.5 million in what is believed to be the highest price ever paid for a property in New Zealand at auction.