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NEWS (LAST 200)
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Feed Provided By The New Zealand Herald - Business



Baby milk maker orders global recall over salmonella fears PARIS (AP) — French baby-milk maker Lactalis has ordered a global recall of millions of products over fears of salmonella bacteria contamination.The company, one of the largest dairy products group in the world, says it has been...... Pubdate: Mon, 11 Dec 2017 21:55:08 +1200

Deadline week crunch for health law sign-ups under Trump WASHINGTON (AP) — The Trump administration came into office looking to dismantle Barack Obama's health care law, but the Affordable Care Act survived. Now the administration is on the hook to deliver a smooth ending to sign-up season,...... Pubdate: Mon, 11 Dec 2017 21:50:07 +1200

Boring machine catches fire in Austrian tunnel, 18 in hiding BERLIN (AP) — Austrian media are reporting that a tunnel-boring machine has caught fire at the construction site of a railway tunnel under the Alps that will link Austria with Italy.Public broadcaster ORF reported Monday that about...... Pubdate: Mon, 11 Dec 2017 21:40:09 +1200

China's growing footprint on the globe threatens to trample the natural world Many observers of China's escalating global programme of foreign investment and infrastructure development are crossing their fingers and hoping for the best. In an ideal world, China's unbridled ambitions will improve economic growth,...... Pubdate: Mon, 11 Dec 2017 21:39:25 +1200

30 years later, Wall Street remembers 'Wall Street' Thirty years after the release of the now-classic movie "Wall Street," Wall Street itself is totally different. Or it hasn't changed at all, depending on who you ask.To mark the anniversary Monday of the opening of Oliver Stone's...... Pubdate: Mon, 11 Dec 2017 21:05:05 +1200

New Reserve Bank boss Adrian Orr impresses market The appointment of Adrian Orr as New Zealand's next Reserve Bank Governor was met with a surge in the kiwi dollar – indicating markets see the current chief executive of the NZ Superannuation Fund as a sensible and stable choice.Orr...... Pubdate: Mon, 11 Dec 2017 20:29:17 +1200

New Zealand dollar jumps after news of Reserve Bank boss The New Zealand dollar jumped after NZ Superannuation Fund chief Adrian Orr was named as next governor of the Reserve Bank, installing a seasoned veteran well known by the business community and possibly more hawkish than the incumbent.The...... Pubdate: Mon, 11 Dec 2017 19:35:35 +1200

Sharemarket rises with investors in buoyant mood New Zealand shares rose, led by Metro Performance Glass and Heartland Bank, while dairy-related companies a2 Milk Co and Synlait Milk continued to weaken.The S&P/NZX 50 Index gained 42.42 points, or 0.5 per cent, to 8,277.51. Within...... Pubdate: Mon, 11 Dec 2017 19:27:27 +1200

Asian shares advance following encouraging US jobs report TOKYO (AP) — Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard & Poor's 500 index to its third straight weekly gain on Friday despite weakness earlier in the week.KEEPING...... Pubdate: Mon, 11 Dec 2017 18:15:10 +1200

As bitcoin soars, warnings of a bubble proliferate Is bitcoin in a bubble?The price of bitcoin has been soaring this year, and last week alone it jumped from $11,000 to well over $17,000, according to Coindesk. It started the year below $1,000.That rocketing level of appreciation...... Pubdate: Mon, 11 Dec 2017 18:10:10 +1200

Receivers to close Kimberleys Fashions stores this week Kimberleys Fashions retail stores will be closed this week after receivers were unable to sell the business.The company, which has nine stores across the country, was put into receivership in October, after decades in business.A...... Pubdate: Mon, 11 Dec 2017 18:00:47 +1200

Meet the 6-year-old making $16 million a year reviewing toys on YouTube While most six-year-olds are busy playing dress-ups and watching cartoons, one US kindergartener is raking in millions by reviewing toys online.Ryan, the pint-sized star of Ryan ToysReview , has just been named by Forbes as one...... Pubdate: Mon, 11 Dec 2017 17:56:39 +1200

Uber heads to court to fight London ban Uber will head to court tomorrow to fight its London ban, kicking off the first of two crucial legal battles over the next fortnight.The US ride-hailing app is appealing Transport for London (TfL)'s controversial decision to strip...... Pubdate: Mon, 11 Dec 2017 17:46:23 +1200

Auckland realtor Preet Grewal gives up licence The Real Estate Agents Authority is investigating apparent "abnormalities" in the trust account of a big Auckland real estate business which trades as Harcourts.Kevin Lampen-Smith, authority chief executive, said today his organisation...... Pubdate: Mon, 11 Dec 2017 17:22:17 +1200

Asian shares advance following encouraging US jobs report TOKYO (AP) — Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard & Poor's 500 index to its third straight weekly gain on Friday despite weakness earlier in the week.KEEPING...... Pubdate: Mon, 11 Dec 2017 17:10:07 +1200

Inland Revenue audits 16 multinational firms over tax The Inland Revenue Department is auditing 16 multinational firms over their use of transfer pricing to trim their annual collective tax bill by about $100 million.Revenue Minister Stuart Nash last week introduced legislation targeting...... Pubdate: Mon, 11 Dec 2017 17:00:03 +1200

Is debt-ridden China living on borrowed time? Everything is under control, if China's repeated assurances about its debt mountain are to be believed.Over the past two years, the country's leadership under President Xi Jinping has made debt reduction an economic priority, especially...... Pubdate: Mon, 11 Dec 2017 16:30:00 +1200

Super Fund boss Adrian Orr named new Reserve Bank Governor Super Fund chief executive Adrian Orr has been named the new Reserve Bank Governor.Orr will step into the job from March, taking over from acting Governor Grant Spencer.The New Zealand dollar jumped on the news of teh appointment...... Pubdate: Mon, 11 Dec 2017 16:04:10 +1200

Research reveals 5 per cent of Kiwis not buying presents this Christmas Five per cent of Kiwis won't be buying Christmas presents this year, according to research commissioned by Mastercard.The credit card company found 35 per cent of Kiwis were feeling more financially stressed this Christmas, up from...... Pubdate: Mon, 11 Dec 2017 16:00:08 +1200

Five tips for spending less at Christmas Shop with cash, plan ahead and make a budget if you want to save money this Christmas says a top New Zealand budgeting service. As one of the most expensive times of the year, Christmas can be a struggle for many Kiwi families....... Pubdate: Mon, 11 Dec 2017 15:55:51 +1200








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