Serco in need of Churchillian diplomacy
Highly regarded grandson of Sir Winston took over leadership of company after its business name was tarnished in the UK.
Highly regarded grandson of Sir Winston took over leadership of company after its business name was tarnished in the UK.
In Stock Takes today, the NZ dollar's slump against the greenback bodes well for a number of NZX-listed exporters, notably Fisher & Paykel Healthcare.
The British-based threadmaker announced the sale of its Europe, Middle East and Asia crafts unit for US$10 million ($14.95 million) in February.
Ryman Healthcare plans to increase resident numbers by 70 per cent in the next five years in New Zealand and Australia as it also mulls an ASX listing.
The annual raise is turning into a relic of the pre-crisis economy as companies turn to cheaper ways to compensate employees.
International investors from Europe, the United States and Australia are likely to consider buying more New Zealand dairy farms, says an expert.
Shanton Fashions has been sold to a mystery buyer who wants to remain confidential.
The parked civil action against convicted directors of Capital+Merchant Finance has been dropped.
A little less than four years ago, the world looked like it was about to end and gold hit an all-time high. Now it has lost its lustre.
Germany is the largest export market for New Zealand onions, followed by Indonesia and Japan.
Pressure is building on Fonterra chief executive Theo Spierings as the dairy industry faces up to a winter of discontent, writes Liam Dann.
Top Auckland real estate chief executive Peter Thompson says it's time for a register of foreign buyers in the residential housing market.
The reason the Chinese are singled out is because of a handful of well-publicised transactions, writes Christopher Niesche.
Jamie Gray writes: For Fonterra's farmers, investors and employees the severity of the dairy downturn will become clear early next month.
Josh Daniell says he doesn't have any trouble being taken seriously as a millennial running a finance business.
Brett Hewlett announced at the company's annual shareholders meeting today that he will be step down in March 2016.
New Zealand has increased its ranking to seventh in a list assessing the reputations of 55 countries. Last year it was eighth.
Gold prices have been weak lately, recently falling below US$1100 ($1516) an ounce for the first time since 2010, writes Mark Lister.
Gold prices have plunged to a five year low, but a local expert says Kiwi investors will hold out until prices lift again.
Disruption is the better, sexier, more efficient and exciting way of doing things that are taken for granted, says Vend chief executive Vaughan Rowsell.
The conventional wisdom is that the recent crash in share prices will not have a big impact on China's economic growth but HSBC's co-head of Asian economic research is not so sure.
The markets regard it as virtually certain the Reserve Bank will cut the official cash rate from 3.25 to 3 per cent on Thursday and they will focus instead on what the accompanying comments signal....
Veritas, owner of the Mad Butcher chain says it expects profits to rise, despite tough times for some of its independent store owners.
Andrew Hrothgar Robinson has been sentenced to six years in jail this morning for stealing more than $3 million.
It's one of our best known retail chains, but for the Mad Butcher, these are challenging times. Christopher Adams investigates.