Deadly plant disease threatens $250M rose business

NEW ORLEANS (AP) — The outlook for American-grown roses is becoming a bit less rosy, with the spread of an incurable virus that's causing major damage to the nation's $250-million-a-year rose business.U.S. rose bush producers account... Source: NZ Herald Business News

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

Monsanto asks judge to throw out $289M award in cancer suit

SAN FRANCISCO (AP) — Agribusiness company Monsanto has asked a San Francisco judge to throw out a jury's $289 million award to a former school groundskeeper who said the company's Roundup weed killer left him dying of cancer.Attorneys... Source: NZ Herald Business News

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

Thousands of cars will be damaged by Florence's floods

As flooding continues in the Carolinas after Hurricane Florence's massive rainfall, experts say high water will damage thousands of vehicles.But auto industry analysts say the number of soggy vehicles will be far less than the roughly... Source: NZ Herald Business News

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

Liberia investigating $100 million in missing new bank notes

MONROVIA, Liberia (AP) — Liberia's government says it is investigating the disappearance of newly printed bills worth about $100 million that were imported into the West African nation.That amount is nearly 5 percent of the country's... Source: NZ Herald Business News

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Editorial: Consumer confidence fall a worry as gloom sets in

EDITORIAL: Whether you believe this Government is to blame for the downturn, or that it is the victim of a political backlash, news that consumer confidence slumped to six-year lows in September is cause for concern.The Westpac... Source: NZ Herald Business News

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Epic hour-long Melbourne house auction sparks bidding frenzy

A standard, brick, single-storey home has sparked a bidding frenzy that stretched for over an hour, with a staggering 167 bids.The epic auction proved fruitful for the homeowners with it selling well above the reserve.Five parties... Source: NZ Herald Business News

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

NZ shares shrug off Synlait slump, join global rally

New Zealand shares rose as investors shrugged off a slightly gloomier outlook for Synlait Milk and joined a global rally as the latest bout in the US-China trade war wasn't as harsh as feared. The S&P/NZX index increased 29.29 points,... Source: NZ Herald Business News

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Qatar Airways announces $104 million revenue loss as boycott takes its toll

Qatar Airways says it suffered a US$69 million ($104.4m) loss this year off revenue of US$11.5 billion amid a boycott of Doha by four Arab nations.The carrier made the announcement in a statement Tuesday, over a year after the boycott... Source: NZ Herald Business News

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Qatar Airways announces $69 million revenue loss this year

DUBAI, United Arab Emirates (AP) — Qatar Airways says it suffered a $69 million loss this year off revenue of $11.5 billion amid a boycott of Doha by four Arab nations.The carrier made the announcement in a statement Tuesday, over... Source: NZ Herald Business News

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

NZ dollar sticks to a tight range ahead of GDP data

The New Zealand dollar traded in a tight range as investors await tomorrow's gross domestic product data for any signs of weakening growth that could pave the way for a rate cut by the central bank. The kiwi traded at 65.94 US... Source: NZ Herald Business News

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