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Fly Direct is placed in liquidation
TVNZ
Fly Direct Ltd, a company which heavily marketed direct flights to Wanaka from Christchurch and Wellington for the ski season, has collapsed before it got off the ground. Companies Office records show the company has been placed in liquidation. ...
Charter company goes into liquidationNew Zealand Herald
Fly Direct grounded before take-offStuff.co.nz
Fly Direct placed into liquidation3News

all 8 news articles »

BP oil spill: Shares fall further
The Guardian
Another £2.4bn was wiped off the value of BP when trading began in London today, as investors continued to fear that the company's management may not survive the Gulf of Mexico disaster. BP shares fell 3% at the start of the trading session, ...
BP embarks on latest bid to capture gushing oilReuters
What will a hurricane do to the oil spill?BBC News
BP Gulf Spill Prompts Criminal, Civil Investigations by USBusinessWeek
The Associated Press -ABC Online -Telegraph.co.uk
all 15,322 news articles »

Contact Energy leads sharemarket down
New Zealand Herald
The New Zealand sharemarket was weaker today, reflecting weak offshore markets and a quiet corporate news day. The benchmark NZX-50 index closed down 35.867 points, or 1.174 per cent, at 3018.892, after losing 6.5 points yesterday. ...
MARKET CLOSE: NZ shares fall a 2nd day; GPG dropsScoop.co.nz (press release)
Lower Opens Expected For New Zealand, Australia StocksRTT News
MARKET CLOSE: NZ shares snap 4-day advancesharechat
RTT News -Trading Room
all 30 news articles »

Disillusioned farmers consider forming new party
3News
Farmers upset that the National-led Government is pressing ahead with its emissions trading scheme (ETS) in July are talking about starting a rural-based political party to give country people better representation in Parliament. ...
Millions more lambs need to fund ag ETS obligationsNational Business Review
Farmers: ETS sends lambs to slaughterTVNZ
Farmers looking into forming rural partyRadio New Zealand
TopNews New Zealand -Scoop.co.nz (press release) -NZ City
all 22 news articles »

Petrobas awarded exploration rights for oil and gas in the North Island
Channel 9
Energy Minister Gerry Brownlee has announced Petrobras, one of the world's largest oil companies, has been awarded exploration rights for oil and gas on the east coast of the North Island. The five-year permit, covers more than 12000 square kilometers, ...
Greens fight oil exploration, govt talk it upTVNZ
Petrobras digs deep in committing to NZ oil explorationNew Zealand Herald
Brazilian company gets petroleum exploration permitNational Business Review
Gisborne Herald -The Bay of Plenty Times -BusinessWeek
all 46 news articles »

NZ Dollar Down Late In Tandem With Equities; Bonds Mixed
Wall Street Journal
WELLINGTON (Dow Jones)--The New Zealand dollar was lower late Wednesday as risk aversion sparked similar losses in equities amid a dearth of market-driving news. RBS currency strategist Greg Gibbs said the lack of local news or data left the Kiwi ...
NZ dollar settles after volatile nightNew Zealand Herald
FOREX-Euro, Aussie fall but Aussie trims losses after RBAReuters
Experts see no relief in sight for Aussie battlerThe Australian
National Business Review -Stuff.co.nz -BusinessWeek
all 93 news articles »

Fonterra: Whole-Milk Powder Prices Drop 3.6% In Auction
Wall Street Journal
New Zealand's Fonterra Co-Operative Group Ltd. said Tuesday its Internet-based auction for June saw average whole-milk powder prices fall 3.6%. The Auckland dairy multinational and the world's largest exporter of dairy products said the average selling ...
Fonterra shareholders approve vote on trading sharesNational Business Review
Milk Powder Declines for Second Month, Fonterra SaysBusinessWeek
Whole milk prices fall slightlyTVNZ
Radio New Zealand -Scoop.co.nz (press release) -Interactive Investor
all 25 news articles »

NZ Shares End Slightly Down On Lack Of Leads; Proposed Bank Merger In Focus
Wall Street Journal
WELLINGTON (Dow Jones)--New Zealand shares ended slightly weaker Tuesday in quiet trade due to a lack of leads as key offshore markets were shut for a holiday Monday. The NZX-50 Index closed down 0.2%, or 6.5 points, at 3054.76. ...
NZX keen to get new bank on boardNew Zealand Herald
PGC bank merger open to further consolidationNational Business Review
NZ's Pyne Gould Corp in talks to create new bankReuters
BusinessWeek -TVNZ -NZ City
all 29 news articles »

Quarter of Kiwis plan to skip paying bills, says survey
New Zealand Herald
A survey has found 35pc of New Zealanders would skip paying the TV bill if they ran out of cash. Photo / Bay of Plenty Times One in four New Zealanders will pay their bills late over the next year, and a "staggering 20 per cent" will ...
One in four say they'll make a late bill paymentRadio New Zealand
Missed bills harm credit ratingNZ City
20% of Kiwi's prepared to skip mortgage repaymentsMortgageRates.co.nz
Voxy
all 5 news articles »

Tango with Russia shows promise
New Zealand Herald
By Fran O'Sullivan View as one page New Zealand's role in bringing Russia into the formal world trading system could be the game-changer. Photo / Richard Robinson Trade Minister Tim Groser has chalked up a victory in New Zealand's long quest for a free ...
NZ business welcomed Russia trade talksNational Business Review
NZ, Russia Agree to Begin Free Trade Accord TalksBusinessWeek
NZ to Initiate FTA NegotiationsTopNews New Zealand
Toboc - Trade News -Newstalk ZB -Voxy
all 33 news articles »

Shipping line changes tack on orange roughy
Stuff.co.nz
Shipping line Maersk has backed down over refusing to transport orange roughy from New Zealand, a day after saying it would not ship the fish for sustainability reasons. The Denmark-based company's New Zealand manager, ...
Shipping line drops NZ fishStuff.co.nz
Maersk reviews policy on unsustainably caught fishRadio New Zealand
Shipping Company Says No To Unsustainable SeafoodVoxy
Channel 9 -Scoop.co.nz (press release) -The Handy Shipping Guide
all 35 news articles »

House building consents surge
Stuff.co.nz
Volatile house building consents surged 15.5 per cent in April, reversing an 8.6 per cent fall in March, but remain well below their 2007 levels. Economists cautiously welcomed the rise, but most expected ...
New Zealand April Housing Permits Up 15.5% On MonthDaily Markets

all 5 news articles »