Currency: Dollar sidelined on back of Euro action
The New Zealand dollar traded sideways today as investors focused on the euro and the prospect of higher European interest rates.The kiwi largely maintained its strength on moderate two-way flow, easing a little to US63.98c against... 
© 2024 NZ Herald Mon, 21 Aug 6:20pm Future of Telstra up in the air
Australian Prime Minister John Howard remains non-committal on whether his government's remaining stake in Telstra should be sold off, or be placed into the Future Fund, news agency AAP reported today.The Future Fund option and...
© 2024 NZ Herald Mon, 21 Aug 4:20pm Telecom considers offloading Yellow Pages
Telecom today confirmed earlier rumours it was investigating various options, including a sale or public listing, of its printed and on-line directory operation Yellow Pages Group.Chief financial officer Marko Bogoievski said...
© 2024 NZ Herald Mon, 21 Aug 1:40pm  Another cyclone could ruin Australian banana industry
Banana growers fear the multi-million dollar industry in north Queensland may never recover if the region is battered by cyclones in successive seasons, according to a report by news agency AAP today.Growers in the Innisfail and...
© 2024 NZ Herald Mon, 21 Aug 1:40pm  Casino operator's profit up around 13 per cent
Sky City Entertainment Group has announced a full-year profit up 12.9 per cent to $120.1 million.The casino operator today reported the result for the year to June was achieved on operating revenue up 11.8 per cent to $757.9 million.New...
© 2024 NZ Herald Mon, 21 Aug 11:00am Russia bans poultry from Michigan
Russia has banned poultry and bird imports from the US state of Michigan where a bird flu virus was found in swans, Interfax news agency quoted Agriculture Minister Alexei Gordeyev as saying yesterday.The US Department of Agriculture...
© 2024 NZ Herald Mon, 21 Aug 10:20am |
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Investors unimpressed with Skycity's returns
Skycity Entertainment Group reported a full year profit up 12.9 per cent to $120.1 million today, but the result left investors unimpressed.In the hours after the announcement, the company's share price fell more than 4 per cent,...
© 2024 NZ Herald Mon, 21 Aug 4:20pm  New face at helm of Jasons Travel Media
Steven Joyce, a former National Party election campaign manager, has been appointed chief executive of publisher Jasons Travel Media.The move came as Mr Joyce's investment company today purchased a further 1 million shares in...
© 2024 NZ Herald Mon, 21 Aug 2:20pm BHP Billiton to unveil US$3bn buyback
Global mining company BHP Billiton will announce plans this week to return up to US$3 ($4.75) billion to shareholders, despite a strike over pay at its copper mine in Chile, the Sunday Telegraph newspaper said.The Escondida...
© 2024 NZ Herald Mon, 21 Aug 1:40pm Job vacancies drop in July
The Department of Labour's latest Job Vacancy Monitor reveals a weakening labour market.There were 6351 advertised job vacancies in July, 8 per cent fewer than in the same period 12 months earlier.This was a reversal from...
© 2024 NZ Herald Mon, 21 Aug 1:40pm US stocks: Iran and oil are week's wild cards
NEW YORK - Wall Street may encounter some turbulence this week, with Iran's nuclear dispute with the West poised to come to a head and the latest earnings reporting season all but done.Developments surrounding Iran's nuclear ambitions...
© 2024 NZ Herald Mon, 21 Aug 12:20am Coles may be subject to takeover bid
Coles Myer may be subject to a takeover bid, the biggest in Australian corporate history, within only a couple of days.Shares in Australia's second biggest retailer rocketed to new highs last week following speculation an A$16...
© 2024 NZ Herald Mon, 21 Aug 10:20am 
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