Meat processor and exporter Anzco Foods reported a 90 percent plunge in full-year pre-tax profit in what it said was a tough year for beef processing.
The Reserve Bank needs to get "far more aggressive" to cast off a gender imbalance where 11 of the central bank's 13-strong executive team are men, and the proportion of women in senior roles ranks alongside some of the least diverse Crown agencies.
The New Zealand dollar fell against the US dollar ahead of minutes from the last US Federal Reserve policy meeting and after US President Donald Trump hinted at further tax cuts.
News that trade negotiations will begin between New Zealand and the European Union, the country's third-largest trading partner, has been well received by local business chiefs.
Zespri Group reported a 38 percent lift in full-year profit and tripled its dividend after revenue growth was driven by the release of 400 hectares of licences for the profitable SunGold variety in 2017.
The New Zealand dollar held overnight gains against the greenback as investors remain cheered about cooling trade tensions between the US and China.
Foley Family Wines has entered into a conditional agreement to issue 2.03 million shares to Lion - Beer, Spirits & Wine (NZ), the local unit of Japanese brewer Kirin Holdings, to partially fund its $55 million acquisition of Mt Difficulty Wines. It also plans to make an offer to existing retail shareholders through a share purchase plan.
New Zealand retail sales rose in the March quarter but were lower than expected on weaker fuel and motor vehicle and parts retailing after a biosecurity threat crimped car imports.
SkyCity Entertainment Group has inked a construction contract with Australian commercial construction company Hansen Yuncken for expansion of its Adelaide Casino.
The New Zealand division of ExxonMobil lifted its net operating profit 57 percent in 2017 as revenues rose on higher volumes.