Posts filtered by tags: Business[x]


PGG Wrightson shareholder Agria fined $220,000 for OIO good character breaches

PGG Wrightson's largest shareholder Alan Lai and his company Agria have been fined $220,000 and ordered to pay another $30,000 in costs by the High Court for breaching good character conditions imposed by the Overseas Investment Office.The... [Author: [email protected]]
Tags: Business, Overseas Investment Office, PGG Wrightson, Agria, Alan Lai

KiwiSaver provider didn't apply for woman's govt contribution

ASB bank has paid out compensation and says it will review its processes after a woman discovered the bank failed to apply for her Government contributions while she was a member of its KiwiSaver scheme.Debbie, who only wants to... [Author: [email protected]]
Tags: Business, Debbie, ASB

US-China trade: Trump says tariffs on Beijing may linger

‘We have to make sure that if we do the deal, China lives by it,’ says president ahead of resumption of trade talksDonald Trump has warned that the United States may leave tariffs on Chinese goods for a “substantial period” to ensure that Beijing complies with any trade agreement, while later emphasizing he wanted them to reach a “great” trade deal.Trade talks are set to resume next week and Chinese officials have been pressing for a full lifting of US tariffs as part of any deal. Continue readi...
Tags: Business, China, US, Economics, World news, US news, Beijing, United States, Asia Pacific, Global Economy, Trump, US China, Trump Administration

Alaska Air Group declares support for Boeing during ‘an incredibly difficult time’

Alaska Air Group President and Chief Operating Officer Ben Minicucci emailed a statement to employees expressing support for Boeing.
Tags: Business, News, Boeing, Alaska Air Group, Boeing & Aerospace, Ben Minicucci

Starbucks holds its first annual meeting without Howard Schultz

Starbucks shareholders gathered for the first annual meeting without former Executive Chairman Howard Schultz, who stepped down last year and is now considering a run for president. But there was no shortage of star power at this year’s meeting — Brandi Carlile performed three numbers to a wildly appreciative crowd — and no shortage of […]
Tags: Business, News, Howard Schultz, Starbucks, Brandi Carlile

Jim's Mowing founder's sacked sister breaks her silence on family feud

The sister of Aussie franchise giant David "Jim" Penman has made the explosive allegation he left her "poverty stricken" after sacking her from his multimillion-dollar company.Jim's Mowing founder spoke to media earlier this month... [Author: [email protected]]
Tags: Business, Jim, David Jim Penman, Jim s Mowing

How Lime scooters have impacted retail and shopping around Auckland CBD

Lime e-scooters are hugely popular with Aucklanders but it turns out they are also popular among retailers.Retailers located in and around downtown Auckland and those in wider CBD area say e-scooters have increased foot traffic... [Author: [email protected]]
Tags: Business, Auckland

Europe slaps Google with $2.5 billion fine

Europe's antitrust regulators slapped Google with a big fine Wednesday for the third time in less than two years, ordering the tech giant to pay 1.49 billion euros (NZ$2.46 billion) for freezing out rivals in the online advertising... [Author: [email protected]]
Tags: Google, Europe, Business

Christchurch mosque shooting: Gun City sells out of rifle used in terror attack

The gun store where the accused Christchurch shooter purchased four weapons has sold out of the assault rifle used in the massacre. The apparent run on AR-15 style semi-automatic assault rifles has seen the country's largest chain,... [Author: [email protected]]
Tags: Business, Christchurch

Brexit: Toilet paper maker stockpiles in a case of no-deal

Major toilet tissue producer Wepa has accelerated plans to charter ships to prepare for no-deal.
Tags: Business, Wepa

Chinese imports 'driving fishermen to despair'

Kenya's Lake Victoria fishermen are struggling to compete with cheap Chinese fish imports.
Tags: Business, Kenya, Lake Victoria

Levi Strauss worth $6.5bn in stock market return

Shares in the inventor of the blue jean have been priced above expectations for its New York flotation
Tags: Business, New York, Levi Strauss

Ray White real estate agents removed over racially charged Facebook posts

Ray White has dropped a husband and wife real estate agent team because of their racist posts on social media.Paul Davie, who has stood for the Conservative Party, and wife Kathryn Davie are real estate agents and were licenced... [Author: [email protected]]
Tags: Facebook, Business, Conservative Party, Ray White, Paul Davie, Kathryn Davie

Poll: More Americans want immigration to stay the same

A growing number of Americans say immigration levels should remain the same or increase, according to a major U.S. survey, a shift that comes as the Trump administration has ramped up immigration enforcement. At the same time, the latest data from the General Social Survey — a widely respected poll that has measured trends on […]
Tags: Business, News, Trump, U S, General Social Survey

With black lung fund in jeopardy, taxpayers could foot bill

LOUISVILLE, Ky. (AP) — The Trump administration and coal industry allies are insisting that a federal black lung trust fund will continue to pay benefits to sick miners despite a drastic cut in funding. But the expected shortfalls will be covered by taxpayers instead of coal companies, adding more debt to the already struggling fund. […]
Tags: Health, Business, News, Nation, Louisville, Trump, Ky AP

NZ GDP grew 0.6 per cent in December quarter

New Zealand's gross domestic product (GDP) grew by 0.6 per cent in the December quarter and by 2.8 per cent over the year, Stats NZ said.The quarterly result was in line with market expectations but below the Reserve Bank's latest... [Author: [email protected]]
Tags: Business, New Zealand, Nz, Reserve Bank, Stats NZ

How major US stock indexes fared Wednesday

Stocks got a brief bump from news that the Federal Reserve doesn’t plan to raise rates this year, but still ended mostly lower Wednesday after those gains faded. Bond prices rose sharply after the Fed forecast slower economic growth. That sent bond yields down to the lowest they’ve been in more than a year. Banks […]
Tags: Business, News, US, Nation, Federal Reserve, Fed

Political spending by Abrams’ nonprofit could pose problems

WASHINGTON (AP) — Stacey Abrams has gone from losing the Georgia governor’s race to being a heavily recruited Democratic star. It’s a dramatic rise often fueled by the promotional spending of Fair Fight Action, a nonprofit she founded to advance voting rights. It can accept unlimited sums of money and could be a problem if […]
Tags: Business, News, Washington, Georgia, Ap, Abrams, Stacey Abrams

New Sky TV boss trashes his company's own Fanpass service

New Sky TV boss Martin Stewart hints that his company should never have lost the 2019 Rugby World Cup to Spark, and needs to repair relationships with NZ Rugby and other content partners as it looks to re-establish itself as "the... [Author: [email protected]]
Tags: Business, NZ Rugby, Martin Stewart

M&A Quarterly News In The Transport, Logistics and Supply Chain Industry Sector

The report below gives a good overview of the first quarter M&A activity in the Transport, Logistics and Supply Chain Industry Sector. M&A activity for North American based target companies in the Transportation and Logistics sector for Q4 2018 included 43 closed deals, according to data published by industry data tracker FactSet. One of the notable middle market transactions closed in November when SP Plus Corp acquired Baggage Airline Guest Services, Inc., trading as Bags, Inc., for US$275 mi...
Tags: Business, US, Transport, Mergers, Mergers and Acquisitions, Merger, Acquisition, Orlando, FactSet, SP Plus Corp, Transport/Logistics, Entire Transport Logistics and Supply Chain, Peter Heydenrych, Corporate Finance Associates, Merger-and-aquisitions, Transportation and Logistics

Whangarei man fights injunction order from Mad Butcher

A Whangarei butcher is defending an injunction order by Mad Butcher Holdings following the end of his contract with the butcher business.Mad Butcher filed legal proceedings in the Auckland High Court for a restriction of trade against... [Author: [email protected]]
Tags: Business, Whangarei, Auckland High Court

Whangārei man fights injunction order from Mad Butcher

A Whangārei butcher is defending an injunction order by Mad Butcher Holdings following the end of his contract with the meat business.Mad Butcher filed legal proceedings in the Auckland High Court for a restriction of trade... [Author: [email protected]]
Tags: Business, Auckland High Court

M&A Quarterly News In The Plastics and Rubber Industry Sector

The report below gives a good overview of the first quarter M&A activity in the Plastics and Rubber Industry Sector. M&A activity for North American based target companies in the Plastic and Rubber sector for Q4 2018 included 25 closed deals, according to data published by industry data tracker FactSet. One of the notable middle market transactions closed in November when VisiPak, Inc., a subsidiary of Sinclair & Rush Inc, acquired Masterpac Corp for an undisclosed amount. The transaction allow...
Tags: Business, US, Mergers, Mergers and Acquisitions, Merger, Acquisition, St Louis Missouri, FactSet, Plastics/Rubber, Plastics and Rubber, Corporate Finance Associates, Merger-and-aquisitions, Jim Zipurski, Entire Plastics and Rubber, Acquistitions, Mergers-aquisition

Thousands of jobs on the line as Disney merges with Fox

Walt Disney completed its US$71 billion acquisition of 21st Century Fox entertainments assets, and now must get to the task of squeezing out promised cost savings, an effort that will lead to thousands of firings in the film and TV... [Author: [email protected]]
Tags: Business, Disney, US, Fox, 21st Century Fox, Walt Disney

Epic Games is offering $100 million to game developers with no catch

Epic Games launched a new grant program called Epic MegaGrants. The program will dish out $100 million in funds to developers working in the 3D graphics community, even if they don't use Unreal Engine. The post Epic Games is offering $100 million to game developers with no catch appeared first on Digital Trends.
Tags: Gaming, Business, News, Trends, Epic Games, Unreal, Fortnite

Slower US growth means no rate rise for 2019, says Fed

The central bank had hinted at two rises this year, but is more cautious due to slower economic growth.
Tags: Business, US, Fed

Pentagon to probe if Shanahan used office to help Boeing

WASHINGTON (AP) — The Pentagon’s inspector general says it will investigate a watchdog group’s allegations that acting Defense Secretary Patrick Shanahan has used his office to promote his former employer, Boeing Co. Dwrena K. Allen, spokeswoman for the inspector general, said Wednesday that Shanahan has been informed of the investigation. A Washington, D.C., watchdog group […]
Tags: Business, News, Washington, Defense, Ap, Nation, Pentagon, Boeing, Shanahan, Patrick Shanahan, Boeing Co Dwrena K Allen

Kidfluencers' rampant YouTube marketing creates minefield for Google

On Feb. 13, JoJo Siwa posted a YouTube video from a Target store, detailing her plan to buy "every single item of JoJo merch" inside. She starts with clothes, piling her own trademarked shirts and dresses into a cart. "I literally... [Author: [email protected]]
Tags: Google, Business, Jojo Siwa

What’s a centibillionaire? Ask Bill Gates and Jeff Bezos, the only members of the $100 Billion Club

Bloomberg tracks the fortunes of some 2,800 billionaires. Of those, 145 are worth at least $10 billion, making them decabillionaires. Now, the world contains two centibillionaires simultaneously. Microsoft co-founder Bill Gates, once the world’s richest person, has again eclipsed the $100 billion threshold, joining’s Jeff Bezos in the exclusive club, according to the Bloomberg Billionaires Index. Gates’s fortune, now $100 billion on the nose, hasn’t reached such heights since the dot-...
Tags: Amazon, Business, Microsoft, France, Los Angeles, Georgia, Spain, Bloomberg, Sport, Soccer, Bill Gates, Warren, Jeff Bezos, Amancio Ortega, Kohl, Bezos

FBI joining criminal investigation into certification of Boeing 737 MAX

The federal grand jury investigation, based in Washington, D.C., is looking into the certification process that approved the safety of the new Boeing plane, two of which have crashed since October.
Tags: Business, News, Washington, Fbi, Boeing, Local Business, Boeing & Aerospace