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People risks high on agenda for directors

People risks, such as the loss of a key person and talent attraction and retention, are top of mind for directors in the fourth Directors’ Risk Survey Report by Marsh and the Institute of Directors.

  • Source Institute of Directors
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Airlines call for Auckland Airport to improve passengers’ services

Airlines are frustrated at the quality of service at Auckland Airport. Justin Tighe-Umbers, executive director of the Board of Airline Representatives of New Zealand (BARNZ) says his members expect their passengers to have a high-quality experience at the airport, yet it is increasingly clear to the travelling public that they are getting a substandard service.

  • Source BRANZ
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Bounty Fresh launches Tegel takeover with minimum target already achieved

Philippines-based poultry group Bounty Fresh Foods has sent the offer document for its $437.8 million takeover bid for NZX-listed Tegel Group to all shareholders and said the minimum acceptance condition will be satisfied

  • Source/ReadMore Sharechat
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Mainfreight to pay record bonuses

Mainfreight posted a 6.3 percent gain in full-year profit on a record result in New Zealand and growth in Australia and said the strong performance meant it would pay record bonuses to its managers.

  • Source/ReadMore Sharechat
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The build of Synlait’s liquid packaging facility is on track

Synlait Milk (NZX: SML; ASX: SM1) is pleased with the progress made on the building of its advanced liquid dairy packaging facility by Tetra Pak.  The two companies have worked together for over ten years, beginning with the building of Synlait’s anhydrous milkfat (AMF) plant in 2007. The new facility will produce fresh milk and cream for Foodstuffs South Island's private label brands from early 2019, and will be a platform for Synlait to pursue a range of dairy-based products for export markets. Tetra Pak is a subsidiary of the Tetra Laval Group, which is a multinational food packaging and…

  • Source A Synlait release
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Scales shares sink 6.2% as managing director Borland trims stake

Scales Corp shares dropped 6.2 percent as managing director Andy Borland halved his stake in the NZX-listed agribusiness with the shares trading near a record high

  • Source/ReadMore Sharechat
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Fonterra capital spend under scrutiny

First NZ Capital grows dark on Fonterra as capital spend fails to spur earnings.  First NZ Capital has cut its rating on Fonterra Shareholders' Fund units as the dairy cooperative's seeming inability to convert capital investment into earnings growth and poor track record in adding value raises questions over its ability to retain domestic suppliers

  • Source/ReadMore Sharechat
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Proposed West Coast waste to energy plant finds $300m investor in China

Renew Energy Ltd chief executive David McGregor says the Chinese investor is "ready to go". The company behind a controversial plan to build a waste to energy plant on the West Coast has signed a $300 million deal with a Chinese investor writes Joanne Carrol for Stuff Businessday

  • Source/ReadMore Stuff Businnessday
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Metro Performance Glass says new strategy is about going back to basics

Metro Performance Glass said earnings will be relatively unchanged this year as the company beds in its "back to basics" strategy

  • Source/ReadMore Sharechat
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A Kiwi startup with great intentions

Consensus is a Kiwi startup that launched this year with the intention to revolutionise its industry. The company offers effectively an ‘online marketplace of lawyers’ to make using legal services significantly less daunting with fixed up-front fees and a client-centric focus.

  • Source/ReadMore Bizedge
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Published in BUSINESS

Steel & Tube shares plunge 24% after company flags annual loss following

Steel & Tube Holdings expects to post a loss this financial year and breach its banking covenants after a restructuring that will see it exit its plastics business and write down the value of its assets

  • Source/ReadMore Sharechat
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Callaghan boss responds to govt change in R&D funding

Callaghan Innovation CEO Victoria Crone says the organisation is ready to “pivot” to accommodate the Government’s new direction for investing in R&D - moving away from grants in favour of tax incentives.

  • Source/ReadMore A Computerworld release - read on
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Page 53 of 85

Palace of the Alhambra Spain

Palace of the Alhambra, Spain

By: Charles Nathaniel Worsley (1862-1923)

From the collection of Sir Heaton Rhodes

Oil on canvas - 118cm x 162cm

Valued $12,000 - $18,000

Offers invited over $9,000

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

 

Mount Egmont with Lake

Mount Egmont with Lake 

By: John Philemon Backhouse (1845-1908)

Oil on Sea Shell - 13cm x 14cm

Valued $2,000-$3,000

Offers invited over $1,500

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

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