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Ghosn's arrest casts doubt on Renault-Nissan alliance future

DETROIT (AP) — For years, France's Renault and Japan's Nissan struggled to make money in the global auto business.Then came Carlos Ghosn, a Renault executive who helped to orchestrate an unprecedented transcontinental alliance,... Source: NZ Herald Business News

By | November 20th, 2018|Business|0 Comments

Analyst questions Fletcher Building strategy as downgrade sparks share price slide

Fletcher Building's turnaround strategy is under further question after the construction firm shocked the market with a profit warning for the first half.Investors punished the stock as Fletcher's board addressed the annual shareholders... Source: NZ Herald Business News

By | November 20th, 2018|Business|0 Comments

A2 Milk answers its critics with 65 per cent earnings lift in first four months

A2 Milk has answered its critics where it matters most - the bottom line.The stock, which has polarised opinion in the investment community, has been under fire from various quarters over share sales by top management, worries about... Source: NZ Herald Business News

By | November 20th, 2018|Business|0 Comments

Dannevirke lime quarry on the market for $1.75m

One of the North Island's biggest lime quarries and farm fertiliser production plants has been placed on the market for sale.Brown's Lime Quarry near Dannevirke is a 12.8-hectare open cast lime pit producing two grades of crop and... Source: NZ Herald Business News

By | November 19th, 2018|Business|0 Comments

Markets Right Now: Tech stocks lead a slump on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (all times local):11:45 a.m.Technology stocks are leading a slump on Wall Street led by big drops in Apple and Facebook.Apple lost 3.9 percent in midday trading... Source: NZ Herald Business News

By | November 19th, 2018|Business|0 Comments

New stores revealed in Tauranga shopping centre Bayfair's $115m redevelopment

The first stage of Bayfair Shopping Centre's $115 million redevelopment will be revealed to the public for the first time next month - just in time for Christmas.More than 30 new stores will open early December, which include Seed... Source: NZ Herald Business News

By | November 19th, 2018|Business|0 Comments

Germany, France propose euro budget to bolster currency zone

FRANKFURT, Germany (AP) — A top eurozone official says the 19 countries that use the euro will push ahead with discussions on a eurozone budget proposed by France and Germany to make the currency union more resistant to crises.Mario... Source: NZ Herald Business News

By | November 19th, 2018|Business|0 Comments

A2 Milk management, directors to face the music at AGM

The investment community will gain some insight into one of the share market's most volatile stocks when a2 Milk holds its annual meeting in Melbourne today.The alternative milk company, which has become one of the NZX's biggest... Source: NZ Herald Business News

By | November 19th, 2018|Business|0 Comments

Turbulent stock market spooks some older workers, retirees

CHICAGO (AP) — The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis.There's no indication, though, that the recent... Source: NZ Herald Business News

By | November 19th, 2018|Business|0 Comments

American couple selling exclusive Remuera penthouse and Waiheke Island pad

An American rich-lister couple who earlier planned to immigrate to Auckland are instead offloading their more than $6 million dollar Remuera penthouse without having slept a night inside it.The Herald can reveal New York businessman... Source: NZ Herald Business News

By | November 19th, 2018|Business|0 Comments