Business New Zealand

  • WELLINGTON, Nov 10- New Zealand's central bank said international factors, including U.S. political uncertainty, were the major risks to the country's economy after it lowered interest rates to a record low of 1.75 percent on Thursday. The Reserve Bank of New Zealand indicated that future rate cuts were unlikely after its third cut this year as it forecast...

  • WELLINGTON, Nov 10- New Zealand's central bank. The local dollar briefly rose more than a third of a U.S. cent to $0.7342 as the market assumed the Reserve Bank of New Zealand was now done cutting interest rates. "We think at this stage that we won't need another cut," Wheeler told reporters in Wellington, adding that most risks to the local economy were external.

  • New Zealand's central bank cut its benchmark interest rate to a record low of 1.75 percent on Thursday, the third easing this year.

  • *With freedoms flexible, UK seeks Brexit compromises. BERLIN, Nov 7- British businessman Simon Boyd recalls winning a big contract to build an aircraft hangar in France- only to lose it because he couldn't secure the required French insurance in time. "It's easier for us to export to Mongolia than to France," he told Reuters.

  • LONDON, Nov 6- New Zealand's sovereign wealth fund plans to protect its portfolio from climate change risks by cutting fossil fuel exposure and seeking greener investments, its chief executive said. The NZ $31 billion fund, established to support New Zealand's retirees, is hosting an annual meeting for some of the world's biggest sovereign funds in Auckland on...

  • New Zealand ranks first as easiest place for business

    The World Bank study shows that applicants starting a company in New Zealand face a simpler process.

  • WELLINGTON, Oct 26- New Zealand has edged out Singapore to take top spot for ease of doing business in the World Bank's latest rankings, but money laundering experts warned the honour masked the darker side of the Pacific nation's vulnerability as a channel for illegal funds. In its annual "Doing Business" report released on Tuesday, the World Bank cited tax...

  • Queensland Police officers at the site of a park ride accident that killed four at the Dreamworld theme park on Gold Coast on October 25, 2016.

    The Thunder River Rapids ride is described by Dreamworld as a "moderate thrill" attraction for those older than two.

  • City of Auckland, New Zealand

    New Zealand is the world's easiest place to do business, the World Bank found, pushing Singapore out of its decade-long top spot.

  • More then 80% of electricity in NZ is from renewables

    New Zealand might not be a superpower but is a leader in the field of renewable energy, says NZ's Energy and Resources Minister Simon Bridges.

  • The acquisition, which is expected to be completed next spring, allows both companies to sell to each other's customers and to deploy Rockwell's capability with onboard connectivity to make internet-enabled seats, galleys, lavatories and other cabin systems that B/E Aerospace provides. B/E Aerospace plans to use Rockwell's dealer network and...

  • hopes@ WELLINGTON, Oct 19- Global dairy prices rose in an overnight auction on Tuesday paring losses from the previous auction earlier this month, and adding to economists' expectations prices are recovering as supply tightens. Prices in the fortnightly global dairy trade auction rose 1.4 percent to an average selling price of $2,965 per tonne, resuming a...

  • If you currently own an original, or a replacement, Galaxy Note 7 and live in Asia Pacific, there's a range of options.

  • ALBANY, United States- Federal Reserve Bank of New York President William C. Dudley conducts an open-press fireside chat with the Business Council of New York State- 1200 GMT. BRUSSELS- Participation by European Central Bank Board member Benoit Coeure in a public exchange of views with Members of the Financial Assistance Working Group of the ECON Committee to...

  • Australia, NZ top illicit trade index: EIU

    Other findings include China making large improvements in combating illicit trade in the area of IP, says the Economist Intelligence Unit's Chris Clague.

  • LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial policy committee member Anil Kashyap speaks in parliament- 1000 GMT. OSLO- Norwegian central bank Governor Oystein Olsen speaks at the Centre for Monetary Economics/ BI Norwegian Business School- 0900 GMT.

  • LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial policy committee member Anil Kashyap speaks in parliament- 1000 GMT. OSLO- Norwegian central bank Governor Oystein Olsen speaks at the Centre for Monetary Economics/ BI Norwegian Business School- 0900 GMT.

  • TUESDAY, OCTOBER 11 LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial policy committee member Anil Kashyap speaks in parliament- 1000 GMT. SYDNEY- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic conditions and monetary policy...

  • SATURDAY, OCTOBER 8 WASHINGTON- International Monetary and Financial Committee holds a news conference 2016 Annual Meetings of the World Bank Group and the International Monetary Fund- 1615 GMT. TUESDAY, OCTOBER 11 LONDON- Bank of England's Monetary Policy Committee member Michael Saunders speaks in parliament- 0900 GMT. LONDON- Bank of England's financial...

  • Daniel Loeb's Third Point climbed 1.1 percent, while Citadel's Wellington fund gained 2 percent, and Barry Rosenstein's Jana Partners returned 2 percent, the funds told investors. That leaves Third Point up 7.2 percent for the year, while Citadel is up 2.6 percent and Jana Partners trimmed its losses to 1.1 percent. Poor performance has also forced some firms,...