Business News
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News from the business sector, including a market report.
Specialty dairy company Synlait Milk is in a trading halt at its own request as it races to arrange the repayment of a $130 million loan. Anan Zaki has the Business news.
Fish farmer New Zealand King Salmon's full year profit has leapt higher on reduced fish deaths as its recovery continues. Anan Zaki has the business news.
Employment confidence has turned positive for the first time in nine months, but workers expect it will get harder to find a job. Anan Zaki has the business news.
The Shareholders Association says Fletcher Building's board is making the right moves in refreshing the company's leadership but it wants more transparency in the process. Anan Zaki has the business news.
Fisher & Paykel Healthcare has nudged its forecasts for full year revenue and profit higher despite the adverse effects of a stronger currency and likely drop in the value of its Auckland property. Anan Zaki has the business news.
Weak consumer spending and wholesale trade have driven the economy back into recession. Stats NZ data shows gross domestic product - the broad measure of economic growth - fell 0.1 percent in the three months ended December. Anan Zaki has the business news.
Retailer, The Warehouse, has reported a first half year loss with sales down 5 percent, with the sale of Torpedo7 taking a toll on the bottom line. Anan Zaki has the business news.
