Recent Posts

Snakk Media 1H sales soar 148 percent as it benefits from smart screen start up

Snakk Media, ranked sixth in the Deloitte Fast 50 index of the fastest-growing businesses, posted first-half sales growth of 148 percent, helped by the contribution from its smart screen start up. Sales rose to $3 million in the six months ended Sept. 30, from $1.22 million a year earlier, the Auckland-based company said in a statement. Its net loss widened …

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NZ terms of trade soar to 40-year high in 3Q as dairy prices rocket

New Zealand’s terms of trade, which measure the quantity of imports the country can buy with a set amount of exports, climbed to its highest level since December 1973 as dairy prices surged in the quarter, while cheaper electrical machinery kept a lid on increases in import prices. The terms of trade rose 7.5 percent in the three months ended …

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Guinness Peat says UK Pensions Regulator won’t decide on warning by Christmas

Guinness Peat Group, which has exited more than 50 investments to focus on UK threadmaker Coats, said the UK’s Pensions Regulator won’t meet a Dec. 31 target to decide on whether to issue a warning notice over its pension plans. The regulator has found the Coats Pension Plan and Brunel Holdings Pension Scheme were insufficiently resourced and this could lead …

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