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Global Stories

NZ Super Fund invests US$60 million in LanzaTech, taking 17% stake
Investment

NZ Super Fund invests US$60 million in LanzaTech, taking 17% stake

The New Zealand Superannuation Fund has invested US$60 million in LanzaTech, taking a 17 percent stake, in what may be the gas fermentation company.

By Pattrick Smellie • 4 min read • Tue, 9th Dec 2014
Fonterra shareholders use AGM to flag concern over lower milk payout
Strategy

Fonterra shareholders use AGM to flag concern over lower milk payout

Fonterra Cooperative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout, the dair.

By Pattrick Smellie • 4 min read • Wed, 12th Nov 2014
Veritas buys bar owner for $31.2M, 4th purchase in 18 months; shares jump
Shares

Veritas buys bar owner for $31.2M, 4th purchase in 18 months; shares jump

Veritas Investments' acquisition spree continues, bagging The Better Bar Group for £31.2M, propelling its shares and promising revenue soar.

By Pattrick Smellie • 2 min read • Fri, 7th Nov 2014

Stories from Other Regions

NZ business confidence eases in December, still buoyant
Inflation

NZ business confidence eases in December, still buoyant

New Zealand business confidence slipped in December, while staying largely upbeat, as inflation remains tame in spite of a growing economy and expo.

By Pattrick Smellie • 2 min read • Fri, 19th Dec 2014
ComCom pushes out final decision on Chorus copper line pricing
Unified Communications

ComCom pushes out final decision on Chorus copper line pricing

The Commerce Commission has pushed out the timeline for a final decision on what price Chorus can charge on its copper line network as it deals wit.

By Pattrick Smellie • 3 min read • Fri, 19th Dec 2014
UDPATE: NZ economy grows 1% in 3Q as primary sector keeps momentum going
Inflation

UDPATE: NZ economy grows 1% in 3Q as primary sector keeps momentum going

New Zealand's economy grew at a faster pace than expected in the September quarter as a good start to the dairy season and increased oil and gas ac.

By Pattrick Smellie • 4 min read • Thu, 18th Dec 2014
Tower talks down impact of Supreme Court valuation ruling
Shares

Tower talks down impact of Supreme Court valuation ruling

Tower, the insurer which sold its health, life, and investment units to focus on general insurance, has talked down yesterday's Supreme Court rulin.

By Pattrick Smellie • 3 min read • Tue, 16th Dec 2014
Meridian Energy abandons QLD hyrdo plans on 'puzzling' Australian stance
Clean technologies

Meridian Energy abandons QLD hyrdo plans on 'puzzling' Australian stance

Meridian Energy, the partially privatised electricity generator and retailer, has abandoned plans for a Queensland hydro power project, blaming the.

By Pattrick Smellie • 3 min read • Fri, 12th Dec 2014
High Court turns down Kuwait Finance House claim over Canterbury funding
Investment

High Court turns down Kuwait Finance House claim over Canterbury funding

The Kuwaiti firm asked the court to uphold a ruling in the Bahrain Chamber for Dispute Resolution against Berkeley, California-based David Teece.

By Pattrick Smellie • 3 min read • Thu, 11th Dec 2014
GeoOp posts wider first-half loss as it chases global growth
Government

GeoOp posts wider first-half loss as it chases global growth

GeoOp, the small business app developer, widened its first-half loss as it spent more on product development and sales to chase global growth.

By Pattrick Smellie • 2 min read • Thu, 11th Dec 2014
Rubicon reiterates IPO plans for ArborGen, laments languishing share price
Investment

Rubicon reiterates IPO plans for ArborGen, laments languishing share price

Rubicon, the forestry biotech company spun out of Fletcher Challenge, reiterated plans for an initial public offer for ArborGen, the biotech forest.

By Pattrick Smellie • 3 min read • Fri, 5th Dec 2014
RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne
Health Technologies

RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne

Vital Healthcare Property Trust, the country's biggest listed medical and healthcare property investor, has signalled A$14.

By Pattrick Smellie • 2 min read • Thu, 4th Dec 2014
Spark warns of price rises after copper decision pushes up costs; shares fall
Unified Communications

Spark warns of price rises after copper decision pushes up costs; shares fall

Spark New Zealand, formerly Telecom Corp, is reviewing its prices, saying today's Commerce Commission draft decision on wholesale copper line prici.

By Pattrick Smellie • 4 min read • Tue, 2nd Dec 2014
Abano agrees to sell orthotics business, taking 'small loss' against 2015 results
Health Technologies

Abano agrees to sell orthotics business, taking 'small loss' against 2015 results

Abano Healthcare sells its orthotics arm to private investors, accepting a small loss on 2015 results, steering focus towards dental growth.

By Pattrick Smellie • 2 min read • Tue, 25th Nov 2014
KiwiRail would allow Hawke's Bay council to lease Napier-Gisbourne line
Investment

KiwiRail would allow Hawke's Bay council to lease Napier-Gisbourne line

Kiwirail, the state-owned railroad, has conditionally agreed to lease the mothballed Napier-to-Gisborne line to Hawke's Bay Regional Council, effec.

By Pattrick Smellie • 1 min read • Mon, 24th Nov 2014
Serko widens 1H loss, boosts sales and staff
Serko

Serko widens 1H loss, boosts sales and staff

Serko, the online travel booking business, widened its first-half loss in line with its May prospectus as it hired more staff to chase sales growth.

By Pattrick Smellie • 3 min read • Thu, 20th Nov 2014
NZ expects to benefit from G20 commitment to lift economic growth
Productivity

NZ expects to benefit from G20 commitment to lift economic growth

New Zealand expects to benefit from commitments secured at the G20 Leaders' Summit, from the world's 20 biggest economies, to lift economic growth.

By Pattrick Smellie • 2 min read • Mon, 17th Nov 2014
CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild
Unified Communications

CORRECT: Telstra spends $20 million for 2% of Orion Health in IPO bookbuild

Telstra Health, a unit of Australia's largest telecommunications business Telstra Corp, bought 2 percent of Orion Health Group in the healthcare ma.

By Pattrick Smellie • 3 min read • Thu, 13th Nov 2014