Latest NZX Stock Market News from BusinessDesk
The latest sharemarket news and movements from the NZX. Includes market open and close reports, plus NZX50.
On The Money: Air NZ, Inland Revenue, Du Val and more
3 days ago · On The Money (OTM) is our column of general frippery we observed within the worlds of business and government this week.Corridors of power On the Money’s usual …
Fonterra's board unfazed by Bega’s push as consumer business …
6 days ago · Fonterra Co-operative Group’s board is comfortable with the way matters with the want-to-be bidder of its consumer business, Bega Group, are playing out, its chair says.The …
The evolution of markets | BusinessDesk
3 days ago · "The stock market is never obvious. It is designed to fool most people, most of the time."That’s a quote from Jesse Livermore (1877-1940), one of the most legendary stock …
Pāmu on track for record profit as farmgate prices rise, farm ...
5 days ago · The country’s state-owned farming operation is likely to report a record profit as its performance is buoyed by increased farmgate returns and improved on-farm performance.Like …
International investors interested in importing LNG to NZ despite …
5 days ago · International investors are still interested in importing liquified natural gas to New Zealand, despite those initially promoting the idea in this country getting cold feet over the …
Online trading platform Sharesies a new source of capital for listed ...
May 14, 2025 · Listed animal and healthcare giant Ebos recently closed a boosted $58 million retail offer to existing shareholders. Among the Ebos investors chipping in more money for a …
Why Meta is willing to pay billions for a data labeller
6 days ago · When Facebook paid US$20 billion (NZ$33b) collectively to buy Instagram and WhatsApp in the 2010s, it was effectively neutralising fast-growing competitors in photo …
Dunedin businessman Malcolm Burns declared bankrupt
6 days ago · Dunedin businessman Malcolm Burns has been declared bankrupt after a string of insolvencies.On June 12, Justice Dale Lester in the High Court at Dunedin adjudicated Burns …
Amazon CEO says AI will lead to smaller workforce
4 days ago · By Sebastian Herrera and Chip CutterAmazon.com, one of the largest US employers, plans to reduce its workforce in the coming years because the increasing use of …