Business

Business stories

Z triples profit after Chevron buy

Wellington Listed service station chain Z Energy has more than tripled its annual profit after acquiring Chevron New Zealand's Caltex and Challenge brands. Profit jumped to $243...

Xtra e-mail back in NZ

Auckland Spark has completed the divorce from Yahoo and brought its Xtra e-mail service home to New Zealand. New Zealand-owned e-mail platform SMX is hosting the...

New gas-burning plant for Waikato

Auckland Nova Energy has gained permission to build a 360 megawatt gas-burning power plant in the Waikato region. The independent panel approving the plant agreed it...

Sisters help Harraways mark 150th

New Zealand's famous oats company, Harraways, is celebrating 150 years of providing people with oats for porridge. Harraway sisters, Dorothy Duffy and Carol Ball, great-granddaughters...

One-vessel ferry service viable, council told

Whanganui He was once a sceptic, but Nik Zangouropoulos came to Whanganui on Tuesday preaching the benefits of a ferry service between Whanganui and Motueka. He...

Action-filled week for investors

Jeremy Flood of Craigs Investment Partners It has been another action packed week for investors as the global reporting season continued and the local reporting season...

Mondelez extracted $130m before leaving

Wellington Mondelez New Zealand Investments pulled out $130 million of dividends from its New Zealand business, more than twice the profits its generated is six...

Summerset to grapple with ripple effect

Rebecca Howard Summerset Group's board came under pressure regarding its plans for wage-earners who will not benefit from a recent government-funded lift in caregiver wages...

One in three NZers have no retirement money plan

Tamsyn Parker Nearly one in three New Zealanders admits to letting their money take care of itself and the number has grown in the last...

Govt plans nudge sharemarket

Rebecca Howard New Zealand shares rose on Thursday as Fletcher Building benefited from government plans to beef up infrastructure spending. A2 Milk continued to climb after...
The South Today