
Plunging oil prices hit NZOG
Plunging oil prices have forced New Zealand Oil & Gas to shed workers, prune its board and will lead to the shutdown of an offshore field four years early.
Plunging oil prices have forced New Zealand Oil & Gas to shed workers, prune its board and will lead to the shutdown of an offshore field four years early.
De Beers is ramping up diamond sales to cash in on a recovery from last year's slump.
Wynyard Group has signed a $3.3 million contract with a consulting and risk management firm as it finalises rights offer.
The kiwi touched a three-month low against its trans-Tasman counterpart after better-than-expected Australian growth data.
Major shareholders will effectively get a further 4 per cent discount for committing to the $30 million rights offer.
New Zealand Oil & Gas widened its first-half loss as it wrote down the value of its Tui and Maari investments.
Our sharemarket's biggest company, Auckland Airport, is proving somewhat of a conundrum to analysts, investors and fund managers.
The New Zealand dollar was largely unchanged on the week against the greenback.
OceanaGold Corp, the gold and copper miner, said its annual profit halved due to low commodity prices and extra costs from its purchase of Waihi Gold Mine.
Businessman Peter Huljich and entities linked to him are set for a $26 million pay out if the Diligent Board Member Services takeover goes ahead.
Nuplex has been in secret talks with one of its rivals and says it has received a good offer.
The sharp decline in oil prices is a simple case of economics 101, writes Brian Gaynor.
Last month's sharemarket turmoil hasn't prompted the private equity owners of Tegel Foods to chicken out of plans to take the poultry business public.
Digital legal tender could combine the inventiveness of private virtual currencies with the stability of a government mint.
The New Zealand dollar hit a three-week high against the yen after the Bank of Japan introduced a negative interest rate policy, weakening its currency.
Australasian infant formula stocks have proved a pretty good bet lately.
Veritas Investments shares plunged 42 per cent after the food and beverage investor downgraded its outlook for earnings and nixed a first-half dividend.