News

Fonterra (NZX: FGC), Nestlé to set up NZ’s first net-zero dairy farm

  • December 02, 2022 04:22 PM NZDT | Manika
 Fonterra (NZX: FGC), Nestlé to set up NZ’s first net-zero dairy farm

Fonterra and Nestle enter partnership to develop NZ’s first net-zero farm As per the company release, the partnership aims to reduce NZ’s on-farm emissions Under this plan, farmers would be encouraged to adopt practices best suited to their farms

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Briscoes (NZX:BGP) posts sales growth of 27% in Q3FY22

Briscoes (NZX:BGP) posts sales growth of 27% in Q3FY22

  • November 04, 2022 03:59 PM NZDT | Manika

The Briscoe Group reported sales growth of 27% in Q3FY22. Third-quarter sales grew around 27% despite several headwinds. Homeware and sporting sales ...

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a2 Milk Company (NZX:ATM) gets FDA nod to supply infant milk formula in US

a2 Milk Company (NZX:ATM) gets FDA nod to supply infant milk formula in US

  • November 03, 2022 03:49 PM NZDT | Manika

A2 Milk company gets FDA approval to sell its infant milk formula in the United States. This decision has come after the FDA once deferred its entry ...

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RBNZ warns rising interest rates could test resilience of NZ economy

RBNZ warns rising interest rates could test resilience of NZ economy

  • November 02, 2022 03:42 PM NZDT | Manika

he Reserve Bank of New Zealand released its Financial Stability Report today (2 November). The report states that even though the economy has been re ...

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Sixth Street, BGH to buy Pushpay (NZX:PPH) for NZ$1.53B

Sixth Street, BGH to buy Pushpay (NZX:PPH) for NZ$1.53B

  • October 31, 2022 05:35 PM NZDT | Manika

Sixth Street and BGH Capital offer to buy all of Pushpay’s shares for NZ$1.34 a share. As per the company, this deal is likely to bring value to the ...

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Kiwi households face higher cost of living at 7.7%: Stats NZ

Kiwi households face higher cost of living at 7.7%: Stats NZ

  • October 30, 2022 05:36 AM NZDT | Manika

All Kiwi household groups are feeling the pinch of the rising cost of living. According to Stats NZ, New Zealand households faced the highest inflati ...

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Who is Parag Agrawal whom Elon Musk fired after acquiring Twitter?

Who is Parag Agrawal whom Elon Musk fired after acquiring Twitter?

After Tesla CEO Elon Musk confirmed buying Twitter, he reportedly fired its CEO Parag Agrawal along with some other top executives of the company.

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A timeline of Tesla CEO Elon Musk’s bid to acquire Twitter

A timeline of Tesla CEO Elon Musk’s bid to acquire Twitter

  • October 28, 2022 05:55 PM NZDT | Tamnna

Last night, SpaceX founder Elon Musk formally closed the long-awaited Twitter acquisition in a US$44 billion deal and commenced his authority by firin ...

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Downer EDI (NZX: DOW) lands NZ$490M road contract in Victoria

Downer EDI (NZX: DOW) lands NZ$490M road contract in Victoria

  • October 28, 2022 04:42 PM NZDT | Manika

Downer gets a NZ$490 million contract The contract is for road maintenance in Victoria It is a government contract that begins in February of next y ...

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ANZ’s (NZX:ANZ) FY22 cash earnings jump 5% to AU$6.5B

ANZ’s (NZX:ANZ) FY22 cash earnings jump 5% to AU$6.5B

  • October 27, 2022 04:21 PM NZDT | Manika

ANZ released its full-year results for FY22 The bank reported a cash profit of NZ$6.5 billion Total dividend payout was 146 cps as compared to 142 c ...

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Restaurant Brands (NZX:RBD) reports 32% sales growth in Q3

Restaurant Brands (NZX:RBD) reports 32% sales growth in Q3

  • October 26, 2022 04:05 PM NZDT | Manika

Restaurant Brands reports a sales jump of 32% in the third quarter Sales growth was seen after COVID-19-related restrictions were removed In the qua ...

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