Stories by Gyles Beckford
News
Liquidation moves $16m funds distribution closer
Investors are awaiting details on funds they are to receive after the High Court ordered 18 Forestlands companies be put into liquidation.
Fisher and Paykel Healthcare patent battle resurfaces
The protracted legal fight over patents between Fisher and Paykel Healthcare and its United States based rival, ResMed, has flared up again.
Chorus posts 25 percent drop in profit
The telecommunications network operator is losing money as customers move away from the traditional copper-line connections.
Tauranga port's profits rise dramatically
A $94.3 million profit was made by the Port of Tauranga in the year to June.
Sky TV reports hefty loss after $360m write-off
Sky Television has reported a hefty full year loss after slashing the value of its business.
A2 Milk profit surges due to $195.7m to year ended June
Specialty dairy company A2 Milk has posted a record profit on the back of surging demand for its infant formula.
Spark picks up English premier football coverage
The telecommunications company has expanded further into sports broadcasting - picking up the rights to English Premier League from next year.
Money laundering laws expanding to real estate sector
The real estate industry is gearing up for when it is covered by anti-money laundering laws.
Fonterra reduces milk price after trading halt
Fonterra has dropped its forecast payout to farmers and says it is unlikely to pay a final dividend because of pressure on its earnings' margins.
RBNZ keeps cash rate steady, on hold for longer
The Reserve Bank (RBNZ) has held its cash rate unchanged amid softening economic growth and stronger inflation, but signalled it expects to keep rates low for longer.
Fonterra returns to India
Fonterra is returning to one of the world's fastest growing dairy markets - India - with the formation of a joint venture with the sub-continent's biggest retailer, Future Group.
ASB hits over a billion in record result
An increase in lending, and a lift in margins has helped lift ASB Bank's annual profit to a record.
SkyCity hits record $169.5 million full year profit
The casino operator, SkyCity Entertainment, has reported a record full year profit as its New Zealand business improved, and its high rollers business recovered.
Another one bites the dust
Analysis - Anticipating costs for tendering in the construction sector is like throwing a dart at a board, blindfolded. This high-risk approach has claimed another victim, writes Gyles Beckford.
Superannuation not enough for basic retiree lifestyle
The amount of money needed by retirees to have a basic lifestyle is growing, but there are signs people are coping. Audio
Small businesses pessimistic, expecting more regulation - survey
The threat of extra regulation has sent small business' pessimism about the economy to its highest levels in nearly a decade. Audio
FMA has insurance companies in its sights
Thousands of consumers may be millions of dollars out of pocket because insurance companies have improperly put their commercial interests ahead of clients.
Cash rate holds at record low 1.75%
The Reserve Bank has held its cash rate unchanged as expected amid subdued inflation and softening economic growth.
Michael Hill Jeweller pulls plug on low-cost brand
Jewellery retailer Michael Hill International will close its remaining Emma and Roe shops and concentrate on its core brand.
Economic growth loses momentum with ease in activities
Economic growth was modest at the start of the year with the service sector making up for soft construction activity.
Heavy losses force Fletcher Building back to basics
Fletcher Building is to streamline its business and focus on the basics as it looks to recover from heavy losses in its building division.
NZ's international earnings and spendings gap widens
The difference between what the country earned and spent internationally has hit its highest level in three years.
Cap gains would cut house prices, increase ownership - study
Introducing a capital gains tax would cause house prices to fall, rents to rise but home ownership rates would improve, a new study shows.
AT&T-Time Warner merger to change media landscape
Analysis - Global media may be in for a shake-up after a mega-merger between AT&T and Time Warner was approved, Business Editor Gyles Beckford writes.
Northland rises up the economic ranks
Northland has rocketed to the top of the regional economic rankings on the back of free spending consumers in the ASB Bank's latest survey.