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Work Starts On Todd Energy's Taranaki LPG Plant

Work Starts On Todd Energy's Taranaki LPG Plant
Wellington, Jan 28 NZPA - Todd Energy says it has started work on its $65 million LPG plant in Taranaki. Major earthworks commenced today in the first stage of construction at the company's McKee site, 20km southeast of New Plymouth, managing director Richard Tweedie said.

NZ Dollar Tumbles Further Overnight

NZ Dollar Tumbles Further Overnight
Wellington, Jan 21 NZPA - The NZ dollar got a lift from strong retail sales data today but it did not last for long as the US dollar surged to a four-month high after China reported strong fourth quarter growth.

Electronic Card Spending Rises Modestly

Electronic Card Spending Rises Modestly
Wellington, Jan 15 NZPA - Increased spending on petrol and diesel continued to be the main factor as the amount spent using electronic cards rose modestly last month.

NZ Sharemarket Little Changed On Light News Day

NZ Sharemarket Little Changed On Light News Day
Wellington, Jan 6 NZPA - The New Zealand sharemarket ended little changed as general optimism about the global recovery failed to make a difference on the day.

Mixed Bag For Retailers At Christmas

Mixed Bag For Retailers At Christmas
Wellington, Jan 6 NZPA - People feeling good about the economic recovery spent up on looking good and going out in December if figures from electronic payment processor Paymark are anything to go by.

Trustpower Names Hawksworth As New Chief Executive

Trustpower Names Hawksworth As New Chief Executive
Wellington, Dec 7 NZPA - TrustPower Ltd has named Vince Hawksworth, currently chief executive of Hydro Tasmania, as chief executive. Mr Hawksworth will start in April next year. He is also a former general manager, retail of Genesis Energy.

National Property Trust Lifts Distributable Profit 1.5 Pct

National Property Trust Lifts Distributable Profit 1.5 Pct
Wellington, Nov 25 NZPA - The National Property Trust lifted its half year distributable profit 1.5 percent to $4.85 million, despite having a smaller portfolio than a year ago.

DNZ Promotes Management Internalisation In Capital Raising

DNZ Promotes Management Internalisation In Capital Raising
Wellington, Nov 19 NZPA - DNZ Property Fund promoted its move to manage its activities internally as it launched plans to raise up to $140 million as part of a proposed listing on the stock exchange.

AXA Brand To Disappear In NZ If Australian Deal Goes Ahead

AXA Brand To Disappear In NZ If Australian Deal Goes Ahead
Wellington, Nov 9 NZPA - A deal unveiled in Australia today will result in a merger of two big players in the life insurance and funds management industries in New Zealand and the loss of the AXA brand here.

Hallenstein Glasson CEO Dillon Resigns, To Leave March 31

Hallenstein Glasson CEO Dillon Resigns, To Leave March 31
Wellington, Nov 9 NZPA - Hallenstein Glasson chief executive Roy Dillon is to step down from the position at the clothing retailer on March 31.