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1.7 million chickens drown as NC rivers swollen by Florence

About 1.7 million chickens have been killed in flooding from Florence as rising North Carolina rivers swamped at least 60 farm buildings where the animals were being raised for market, according to a major poultry producer.Sanderson... Source: NZ Herald Business News

By | September 18th, 2018|Business|0 Comments

The Latest: Trump considering permanent US troops in Poland

WASHINGTON (AP) — The Latest on President Donald Trump's meeting with Polish President Andrzej Duda (all times local):1:15 p.m.President Donald Trump says he's "very seriously" considering a greater U.S. troop presence in Poland... Source: NZ Herald Business News

By | September 18th, 2018|Business|0 Comments

Cyprus taps bond market at 'most favorable' yield

NICOSIA, Cyprus (AP) — Cyprus' government spokesman says the country has raised 1.5 billion euros ($1.75 billion) at the "historically most favorable" interest rate of 2.4 percent.Prodromos Prodromou said the 10-year bond issue... Source: NZ Herald Business News

By | September 18th, 2018|Business|0 Comments

Cyprus, Egypt set to sign deal for offshore gas pipeline

NICOSIA, Cyprus (AP) — Egypt's oil minister says Europe stands to gain from an agreement his country will sign with the Mediterranean island nation of Cyprus to pipe offshore natural gas to processing plants in Egypt where it will... Source: NZ Herald Business News

By | September 18th, 2018|Business|0 Comments

Los Angeles to consider banning sale of fur products

LOS ANGELES (AP) — Los Angeles would become the largest city in the U.S. to ban the sale of fur products if the City Council approves a proposed law backed by animal activists who say the multibillion-dollar fur industry is rife with... Source: NZ Herald Business News

By | September 18th, 2018|Business|0 Comments

IRD rubbishes Oxfam claims of tax evasion by big drug companies

The Inland Revenue Department said claims from the charity group Oxfam that pharmaceutical companies in New Zealand are underpaying tax by $21 million "completely misrepresents" the situation here.Inland Revenue international strategy... Source: NZ Herald Business News

By | September 18th, 2018|Business|0 Comments

Markets shrug off latest Donald Trump trade war shot

Markets across Asia - including New Zealand - have largely shrugged off the latest shot in the US, China trade war. This morning the Trump administration said it would impose tariffs on US$200 billion more in Chinese goods, starting... Source: NZ Herald Business News

By | September 18th, 2018|Business|0 Comments

Hawke's Bay economy given five-star rating on back of region's latest wine vintage

Hawke's Bay is back in the economic big time, with ASB Bank giving the region a five-star rating on the back of a thriving housing market and a bumper grape harvest.In its latest Regional Economic Scorecard report, ASB rated Hawke's... Source: NZ Herald Business News

By | September 18th, 2018|Business|0 Comments

NZ dollar lifts against greenback

The New Zealand dollar rose against the greenback as markets took new US tariffs on Chinese imports in their stride and there was no immediate retaliation from China. The kiwi traded at 65.90 US cents at 5pm in Wellington from... Source: NZ Herald Business News

By | September 18th, 2018|Business|0 Comments

Diver who helped with Thai cave rescue sues Elon Musk

A British diver who helped rescue youth soccer players trapped in a cave in Thailand is suing Elon Musk, alleging that the Tesla CEO falsely accused him of being a pedophile.Diver Vernon Unsworth, who lives north of London, contends... Source: NZ Herald Business News

By | September 17th, 2018|Business|0 Comments