TransCanada ordered to inspect part of Keystone pipeline

ABERDEEN, S.D. (AP) — TransCanada Corp. is digging up a portion of the Keystone oil pipeline in South Dakota after an inspection identified potential issues with the pipeline's coating.South Dakota Department of Environment and... Source: NZ Herald Business News

By | July 31st, 2018|Business|0 Comments

Unarmed US missile test flight terminated due to anomaly

VANDENBERG AIR FORCE BASE, Calif. (AP) — An unarmed U.S. Air Force Minuteman 3 intercontinental ballistic missile was intentionally destroyed in flight when an anomaly occurred during a test launch from California.An Air Force Global... Source: NZ Herald Business News

By | July 31st, 2018|Business|0 Comments

Senate votes to extend flood insurance program

WASHINGTON (AP) — The Senate voted Tuesday to extend for four months the program that provides flood insurance for nearly 5 million homeowners and business owners.The bill's passage by an 86-12 vote averts a scenario in which people... Source: NZ Herald Business News

By | July 31st, 2018|Business|0 Comments

Ferragamo reports profit drop, names ex-Gucci exec as CEO

MILAN (AP) — The Salvatore Ferragamo fashion house has named a former Gucci executive as CEO to relaunch the brand after reporting a 23 percent drop in first-half profits.The Italian luxury brand said Micaela Le Divelec Lemmi, who... Source: NZ Herald Business News

By | July 31st, 2018|Business|0 Comments

Undercover video shows pig abuse but also common practices

DENVER (AP) — Recently released undercover video showing pigs being kicked, hit and punched at a Kentucky supplier for the world's largest meat producer drew prompt condemnation from animal rights groups and the agricultural industry... Source: NZ Herald Business News

By | July 31st, 2018|Business|0 Comments

WorkSafe accepts enforceable undertaking from Woods Glass after man's leg caught in machine

An investigation into Woods Glass found the company failed to honour its health and safety obligations after a worker's leg was caught in glass-cutting machinery.WorkSafe New Zealand found that the glass supply and glazing company... Source: NZ Herald Business News

By | July 31st, 2018|Business|0 Comments

Aussie butchery business fined $650,000 after workplace brawl

An Australian butchery business has been ordered to pay nearly A$600,000 ($652,000) in damages for failing to prevent a vicious workplace fist fight.Late last month, the Queensland District Court found the company negligent for... Source: NZ Herald Business News

By | July 31st, 2018|Business|0 Comments

Freightways, Sky TV lead NZ shares gain

New Zealand shares gained, led higher by Freightways and Sky Network Television as the market remains quiet ahead of earnings season.The S&P/NZX50 Index rose 0.71 points, or 0.008 percent, to 8,922.09. Within the index, 24 stocks... Source: NZ Herald Business News

By | July 31st, 2018|Business|0 Comments

NZ dollar rises against the yen

The New Zealand dollar rose against the yen after the Bank of Japan made minor policy tweaks rather than any drastic changes.The kiwi rose to 75.82 yen at 5pm in Wellington from 75.73 yen at 8am in Wellington and from 75.44 yen... Source: NZ Herald Business News

By | July 31st, 2018|Business|0 Comments

Fentanyl maker joins lawsuit to block Nevada execution plan

LAS VEGAS (AP) — A maker of the powerful synthetic opioid fentanyl (FEN'-tah-nil) has joined a bid to block Nevada from using its product in the first execution in the state in more than 12 years.Over objections from a state attorney,... Source: NZ Herald Business News

By | July 30th, 2018|Business|0 Comments