Monday , June 26 2017
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Business Desk

Ossis targets UK market to expand sales of 3D titanium implants

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Ossis Ltd, which uses 3D printing technology to custom design titanium implants for patients with severely damaged bones and joints, is expanding outside of Australasia to the UK. The Christchurch-based company this year doubled monthly sales of the implants to four or five across New Zealand and Australia. It’s now in talks with a UK distributor to enter that market …

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World Week Ahead: China hogs the limelight

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Chinese investors, who return to trading after a four-day break, may be the key to sentiment this week and whether global equities will remain volatile. China’s stock markets were closed last Thursday and Friday for ceremonies to mark the end of World War II. Ahead of the resumption of trade, …

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NZ wool trades at record high amid tight supply

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By Tina Morrison Sept. 4 (BusinessDesk) – New Zealand wool is trading at record high prices, pushed up by strong demand and limited supply, though the outlook is murky. The price for clean 29-micron wool changed hands at a record $10.45 a kilogram at yesterday’s North Island auction, up from $9.95/kg at …

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BNZ grows worried about ‘near-recession’ as Key talks economy up

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The Bank of New Zealand is increasingly concerned the economy is grinding to a halt following today’s confirmation in the ANZ Bank Business Outlook survey of slumping business confidence. “As each day passes, the likelihood of our alternative scenario, of an economy stumbling to near-recession, increases,” said head of research Stephen …

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Landcorp strategy of dairy investment over dividends at odds with government’s surplus goal

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Landcorp  Landcorp Farming, which is taking on debt to convert former forestry land into dairy farms, won’t pay a dividend this year, highlighting the friction between the state-owned farmer’s long-term strategy and the government’s demand for regular payments in preference to investment. New Zealand’s largest corporate farmer posted an 84 percent decline in …

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