Stories by Gyles Beckford
News
ANZ Bank makes bigger first-half profit
The country's biggest bank, ANZ, has wracked up a solid rise in its profit on the back of increased deposits and lower costs.
Mega media merger unlikely to get approval
A mega-merger to unite the country's two biggest media groups will likely get the thumbs down from regulators, says a competition law specialist.
Mortgage rate rises could hit ill-prepared hard
Rising interest rates are expected to pose little difficulty to most borrowers, but a significant minority seem ill-prepared, a survey has found.
Com Com delays NZME-Fairfax decision again
A decision on the proposed merger between NZME and Fairfax NZ has been deferred for a second time after the two companies tabled a lengthy new submission.
Reserve Bank keeps OCR at 1.75%
The Reserve Bank has kept the benchmark Official Cash Rate on hold at its record low of 1.75 percent and reiterated it will stay there for some time.
Rocket Lab gets cash boost
The country's only rocket company - Rocket Lab - has scooped $US75 million ($NZ107m) in new funds to help its first commercial launch this year.
NZME-Fairfax merger decision delayed
A decision on the proposed merger between media groups NZME and Fairfax New Zealand has been delayed for a month.
Australia's Downer buys Hawkins Construction
The country's second biggest construction firm Hawkins has been bought by Australian engineering giant Downer EDI.
Sky's share price slumps after Vodafone merger declined
Sky TV's share price has slumped to its lowest level in eight years after the Commerce Commission torpedoed its plans for a merger with Vodafone. Video
Spark goes to court for Sky TV merger delay
Telecommunications company Spark and Sky Television will face off in court on Wednesday over the future of a merger that has yet to be approved, let alone put in place.
Spark first half profit jumps due to IT services and mobile
The telecommunications company, Spark, has reported a near 13 percent rise in its first half profit on the back of a lift in mobile earnings and IT services.
A2 Milk first-half profit skyrockets on booming sales
The speciality infant formula and milk products company, a2 Milk, has nearly quadrupled its first-half profit on the back of booming sales in China and Australia.
Canadian company offers $197m for Tower Insurance
A Canadian insurance and investment company has made a bid for troubled local insurer Tower.
Reserve Bank holds OCR at 1.75%
The Reserve Bank has held its benchmark interest rate at a record low and signaled the next move will not be for some time.
Spark makes takeover offer for TeamTalk
Telecommunications company Spark has made an offer to buy out market minnow TeamTalk.
Reserve Bank Governor to step down in September
Reserve Bank Governor Graeme Wheeler will not seek a second term and will step down from the role in September.
Doubt over second term for Reserve Bank Governor
An announcement is expected soon on whether Graeme Wheeler will serve a second five-year term.
Record immigration keeps unemployment, wages low
The unemployment rate is expected to fall to an eight-year low, but wage rises will be subdued in official numbers due out this week.
NZ economy seen leading the pack again
The Australian economist who gave New Zealand the rock star economy tag several years ago is reviving the label. Video
Tenon looking to sell last remaining asset
Wood products company Tenon is facing the possible sale of its last remaining asset and is winding up its business.
KiwiSaver provider designing its own ethical investment fund
One of the country's biggest KiwiSaver providers, Kiwi Wealth, has decided to build its own ethical and responsible investment fund. Audio
Mortgage rates likely to rise after US Fed moves
New Zealand borrowers are set to pay higher interest rates as a result of moves in the United States.
Amazon Prime streaming service launches in NZ
The local pay-to-view market has just got more crowded with the arrival of Amazon's Prime service.
Federal Reserve delivers rate rise
The United States Federal Reserve has raised its benchmark interest rate for the first time in a year to counter strengthening inflation pressures.
Plastics manufacturer Sistema sold for $660 million
The maker of the well-known Klip It kitchen containers, Sistema, has been sold to an American company.