
Oil explorers pull back on drilling plans
Plunging oil prices have forced explorers to scale back plans in New Zealand, some have had to restructure and there could be a sharp decline in capital spending in a sector the Government has backed....
Plunging oil prices have forced explorers to scale back plans in New Zealand, some have had to restructure and there could be a sharp decline in capital spending in a sector the Government has backed....
Robust investor interest meant peer-to-peer lending platform Harmoney could have easily tripled the size of its $10m capital raising, says chief executive Neil Roberts.
Australia's coal seam gas extraction industry is set for a bumper year in 2015, but the petroleum exploration sector isn't.
It has become standard for tough questions to be asked of oil companies when the price of petrol rises or falls dramatically.
New Zealand posted its smallest November trade deficit in four years, beating economist forecasts, as falling dairy prices were offset by a rise in meat exports.
Kathmandu's shares have slipped to a near two-year low as the outdoor retailer blames low consumer confidence for a subdued start to Christmas trading in its Australian market.
Petrol prices dropped for the 12th successive time this week and even better news appears to lie ahead for holiday motorists.
Wynyard Group, the security software firm, warned annual revenue may come in lower than its forecast $29 million.
Aversion to the iPhone maker is turning out to be one of the worst blunders in 2014 for money managers.
The sharp fall in oil prices is set to continue benefiting consumers but could delay exploration projects around New Zealand.
The sharp decline in oil and dairy prices could have a huge impact on the domestic economy as the former is our largest import item and the latter our biggest export earner.
Most of $8 million the Government is putting into mineral and oil and gas geotechnical studies will be spent on aerial aeromagnetic surveys.
Rubicon, the forestry company spun out of Fletcher Challenge, has reiterated plans for an initial public offer for ArborGen, the biotech forestry company of which it holds a third.
Shares in childcare roll-up Evolve Education Group have made their NZX debut at a 7 per cent premium to the $1 issue price.
Blue Sky Meats, whose shares trade on the Unlisted platform, has agreed to acquire Gore-based Clover Export.
Russia's economic crisis deepened as the Govt acknowledged it's heading for recession and "panic" crept into the financial system as oil prices plunged.
Z Energy is the latest company to jump on the big data trend, doing a deal with analytics company 11 Ants Analytics to help the service station firm better understand customer preferences and buying....
Mighty River chair Joan Withers has become the first ever female recipient of the Shareholders Association's Beacon Award.
NZ cinema software company, Vista has finished rolling out 230 cinema sites across China in just six weeks.
Billionaire wildcatter Harold Hamm, a founding father of the United States shale oil boom whose fortune has fallen by more than half in the past three months, says US drilling will slow as producers....
With $1 trillion spent on projects to feed a commodity boom since 2002, the world's mining firms have a lot riding on China.
Leverage in trading is a good tool for those who use it properly. It is even better than good, it can be great.
The world is in the grip of a new oil shock. The shock is that prices are collapsing. Liam Dann explains what it means for the NZ economy.
The Financial Markets Authority's consultation paper on corporate governance is timely.
Falling oil prices have been one of the biggest stories in financial circles over recent weeks.