Recent Posts

While you were sleeping: Profit-taking caps advances

Wall Street slipped, after both the Dow and the S&P 500 climbed to fresh record highs earlier in the session, as investors weighed whether the outlook for corporate earnings justified pushing equities higher still. In afternoon trading in New York, the Dow Jones Industrial Average slipped 0.08 percent, while the Standard & Poor’s 500 Index inched 0.04 percent lower. The …

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Comvita sets up JV with East Taupo Lands Trust to secure honey supply

Comvita, which produces health products derived from manuka honey, has entered into a joint venture with East Taupo Lands Trust to harvest manuka honey, securing the supply of its main ingredient. The joint venture Kaimanawa Honey GP will initially start with 3,000 hives to harvest manuka honey on Ngati Tūwharetoa trust’s land holdings, the Te Puke-based company said in a statement. Comvita will provide the beekeeping equipment and …

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