Industries

Orion holds onto gains

ON THE RISE: Orion Health CEO Ian McCrae.

Orion Health's value after a strong debut would rank it at 20th on the NZX.

Bidder hits back at criticism

OFFER DEFENDED: Just Water founder Tony Falkenstein.

Just Water founder and majority owner defends his takeover bid for the water cooler company.

Huge broadband hikes ahead

Communications Minister Amy Adams.

TUANZ chief says consumers should be free to buy broadband services from different companies without being “double billed”.

THL upgrades profit forecast

OPTIMISTIC: Tourism Holdings CEO Grant Webster.

Campervan rental company picks a 44pc rise in annual profit despite 'indigestion' from recent purchases.

Flights from China to double

BIG BOOST AHEAD: A China Southern AIrlines Boeing 787 Dreamliner touches down in Christchurch this year.

Airlines aren't expected to have trouble filling 42 flights a week between New Zealand and China by 2020.

Winners and losers as development fees set

dollar magnify

Waipa looks to encourage economic growth in the district by slashing fees for buildings.

The Warehouse recalls spa pool

The Warehouse Lyall Bay

An inflatable spa pool sold nationwide has been recalled as it may cause a fatal electric shock.

Construction costs booming

Heightened building activity in Auckland as well as the reconstruction of Christchurch following the 2011 earthquake has created a shortage of a shortage of construction workers, engineers and tradesmen.

Construction costs are rising 7 per cent a year in Christchurch, the fastest rate in New Zealand.

New investor takes slice of MediaWorks

TV3, MediaWorks

Cayman Islands company with links to US investors buys a minority stake in the broadcaster.

Battling on after partner's death

KEEPING HIS PROMISE: Michael Ambrose is a director of Arvida Group, a retirement village business which is about to be listed on the NZX.

Accountant vowed to do "everything in his power" to carry on business partner's vision of listing group of merged retirement villages.

Warning talks on TPP may get ugly

TALKS COULD GET 'UGLY': New Zealand ambassador to Japan, Mark Sinclair.

New Zealand needs to keep open mind on what could be achieved through wider trade agreement, says ambassador.

Docked wages refunded

Wesfarmers and Coles are both turning 100.

Two supermarkets have telephoned employees whose wages were docked, offering to reimburse them.

Million in a month to broke

BLACK DAY: Evening Post photographer Ross Giblin - who still works at The Dominion Post - captured the anguish of the week after Black Tuesday on the stock exchange. Market operators Stuart Beadle, right, and colleague Grant Taylor suffer in the aftermath.

The wheels fell off the buoyant Rogernomics economy of late 1980s New Zealand on Black Tuesday.

Probe over price claims

FAMILIAR ISSUE: Consumer complaints about sales pricing are not uncommon.

NZ retailers investigated for misleading sale pricing at the same Australian authorities launch crackdown.

Jetpack IPO high risk

OPTIMISTIC: Martin Aircraft chief executive Peter Coker.

New Zealand mum-and-dad investors are not showing much interest in shares in Martin Aircraft, brokers say.

Profit for Eroad after strong sales

eRoad

Software firm Eroad has posted a small profit, before abnormals, in its maiden interim result as a listed stock.

Pushing to make Hamilton beautiful

NEW BROOM: Developer Matt Stark is looking forward to finishing renovations on 554 Victoria St, due to be completed next week.

Hamilton developer Matt Stark has just about ticked another renovation off the list.

Recovery 'not fuelled by borrowing'

HOLD STEADY: "There is little inflation in New Zealand or globally," NZIER principal economist Shamubeel Eaqub says.

One-off boosts to the economy are fading, but the underlying recovery is "durable" and not built on fickle borrowing, according to NZIER.

Acurity takeover delayed

Wakefield Hospital, Acurity

A takeover bid for Wellington-based healthcare company Acurity is on hold.

Kiwi to put squeeze on foreign olives

Olives

NZ's largest olive oil producer will look to capitalise on Europe's disastrous olive harvest.

Veritas considers share buy-back

Veritas Investments chairman Mark Darrow.

Mad Butcher owner Veritas Investments is looking at a buy-back of its "undervalued" shares.

Abano sells orthotics business

Abano Managing director Alan Clarke.

Abano Healthcare announces conditional sale of its orthotics business.

Pumpkin Patch may close stores

Pumpkin Patch may close some stores as part of a ‘‘transformation’’.

It's not clear just how many stores may close as the company teeters on breaching its banking covenants.

Amazon's new Aussie base?

A mid-sized 50,000 square metre Amazon fulfillment in Peterborough, England, similar the one the online giant could build in Australia.

Rumours circulating Amazon may be about to shake up the local internet shopping market.

Jolly jobs for stand-in Santas

Santa Claus.

Calling all friendly, relaxed men with round faces and big bellies. Could you be Santa?

Abano sells Orthotic Centre

Orthotic Centre

NZX-listed company says it was wary of The Orthotic Centre's exposure to Government contracts.

Fair pay deal heading back to court again

Aged caregiver Kristine Bartlett won a case in the Court of Appeal for equal pay, but the case is heading back to court.

A landmark court case awarding fair pay to women working in the aged care sector is being appealed for a second time by the industry.

Snapper survey could see changes

The Ministry for Primary Industries is carrying out a stock assessment of snapper in the top of the south.

On the road to profitability

ON TRACK: Freight company PBT is one of the customers that has helped drive Eroad’s growth.

Software firm Eroad has posted a small profit in its maiden interim result as a listed stock.

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