Xero may reach positive operating earnings in 2018 and achieve bottom-line profit the following year, according to brokerage First NZ Capital.

The Reserve Bank may hold off cutting interest rates until August rather than moving in June because the economy isn't looking so bad and it's tactically better to wait longer.

The Court of Appeal today overturned the High Court ruling and ordered that Vivier be deregistered.

Food prices rose in April as Kiwis paid more for vegetables such as tomatoes and cucumbers.

Xero said it has sufficient cash reserves to reach breakeven without having to raise more capital.

Wall Street declined amid disappointing earnings from Macy's and Disney, adding to concern US consumers are keeping purse strings tight.

Comvita boosted annual profit 68 percent as Australian sales soared, overtaking New Zealand as the manuka honey company's largest market.

Air New Zealand's proposed sale of its 25.99 per cent stake in Virgin Australia could hit turbulence.

NZX director and Forsyth Barr managing director Neil Paviour-Smith has rejected Ralec's claims in the High Court.

Like many people I prefer to start Sunday's slowly, with a cup of good coffee and a read of the newspaper's business section, writes Brent Sheather.

Investors edged back to safer bets from more speculative ones overnight.

New Zealand's largest meat processor will hold a special meeting of shareholders on its planned tie up with China's Shanghai Maling Aquarius.

The former state owned enterprise will soon be known as Mercury.

Tourism Holdings' margins have improved in New Zealand and Australia, giving the company confidence to predict growth over 2017 and 2018.

Skellerup Holdings cut its annual earnings guidance for a second time, projecting a lower profit than 2015 as weak milk.

NZX posted a 9.6 per cent gain in first-quarter revenue as more companies turned to the debt market to raise funds.

The loss was $2.9 million in the 12 months ended March 31, from a loss of about $5.6 million a year earlier.

Trading platform operator CMC Markets has launched share contracts over the top 45 stocks listed on the NZX.

Veritas shares are up after the food and beverage company affirmed annual earnings guidance and said its three divisions are all showing signs of improvement.

Swiss watch exports posted the biggest quarterly drop since 2009 as the industry faces declining demand across all its main markets.

Just four percent of S&P 500 CEOs are women. Only 19 percent of those companies' board members are women.

They were once among the fiercest weapons of the Cold War, capable of delivering nuclear warheads to any place on the planet.

Seth Glickenhaus, a bond trader turned money manager whose studies of law and medicine failed to lure him away from Wall Street, his professional home for more than eight decades, has died.