Metro Glass warns annual profit may drop as expected NZ sales don't eventuate
By Rebecca Howard Feb. 3 (BusinessDesk) - Metro Performance Glass, which has more than half the country's glass processing market, said annual net profit was likely to be similar or even lower than the prior year as local sales lagged behind expectations with dwindling work in...
NZ dollar falls vs Aussie after Australia posts record trade surplus
By Rebecca Howard Feb. 2 (BusinessDesk) - The New Zealand dollar fell against the Aussie dollar after Australia posted a record trade surplus in December, stoking optimism about the outlook for economic growth across the Tasman. The kiwi dollar fell to 95.52 Australian cent...
NZ's largest telcos lag field in customer satisfaction says Consumer NZ
By Rebecca Howard Feb. 2 (BusinessDesk) - New Zealand's two largest telecommunications retailers, Spark New Zealand and Vodafone New Zealand, lagged the field for customer satisfaction in the latest telco survey from Consumer NZ. Out of seven internet companies included in...
NZ dollar falls after unexpected rise in unemployment in fourth quarter
By Rebecca Howard Feb. 1 (BusinessDesk) - The New Zealand dollar fell after figures showed the jobless rate unexpectedly rose in the fourth quarter while wage inflation remained tepid, detracting from the case for Reserve Bank rate hikes starting this year. The New Zealand...
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