New Zealand Herald - BusinessLatest Content for BusinessWoolies says it'll take Warehouse decision to Supreme Court- August 15, 2008 Australian supermarket giant Woolworths says it wants to take its battle with regulators over the Warehouse takeover to the Supreme Court. Woolworths said it would seek leave from the Court to appeal the recent decision of the...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527263&ref=rss Recession shows its face - retail sales fall- August 15, 2008 The higher cost of necessities is squeezing spending on other things, according to economists picking over the June quarter retail sales data released today. The data revealed a "consumer recession" and likely confirmed Reserve...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527206&ref=rss Profits up 20pc at Michael Hill despite slow NZ sales- August 15, 2008 Profits are growing at listed jewellery chain Michael Hill, despite flat sales in its domestic base. Its 52 jewellery stores here helped the business notch up revenue of $97m in New Zealand in the year to June 30, down 0.4 per...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527233&ref=rss Booming cruising keeps dollars flowing- August 14, 2008 As tough times fall on the New Zealand tourism sector, fair winds continue to blow through the cruise industry. Figures released today show a record 168,000 passenger and crew arrivals last season, which meant $204 million being...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527203&ref=rss Mortgage slump may be bottoming out- August 14, 2008 Mortgage approvals for the week ended August 8 appear to show approvals bottoming out in recent weeks after a long decline that started in early 2007. The number of mortgage approvals in the week ended April fell to 5,994, but...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527193&ref=rss NZ Shares: Fletcher highlight in early gain- August 14, 2008 The New Zealand sharemarket moved up in early trade as Fletcher Building continued to strengthen following Wednesday's annual profit result. Soon after the opening of the stock exchange today Fletcher shares were up 15c to 689,...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527194&ref=rss Stock takes : Off the rails- August 14, 2008 Two years ago, former Fletcher Building chief executive Ralph Waters warned that if interest rates stayed high and the economic cycle got tough, some of the private equity deals being done at giddy prices were "going to end in some...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527120&ref=rss Foodstuffs in the running to swallow up Liquorland- August 14, 2008 Grocery giant Foodstuffs' presence in liquor retailing could get a shot in the arm as it looks to swallow Liquorland. The co-op, which controls around 56 per cent of the grocery retailing sector, is understood to be one of several...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527115&ref=rss Manufacturing contracts- August 14, 2008 New Zealand's manufacturing industry contracted for the third time in four months. The July manufacturing index was 48.8, from 45.3 in June, Wellington-based employer group Business New Zealand said. The June measure was the...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527113&ref=rss Petrol prices drop below $2- August 14, 2008 Petrol prices dropped below the $2 mark last night with Shell leading the charge, dropping 3 cents a litre. Diesel has also fallen by 8 cents to 171.9 cents in what spokeswoman Jackie Maitland has described as possibly the biggest...http://www.nzherald.co.nz/index.cfm?c_id=3&objectid=10527217&ref=rss |