NZX 50 IND...
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+4.45
+0.06%
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NZD to USD
0.7091
+0.0019
+0.28%
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AORD
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+21.70
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ASX 300
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+18.70
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NZD to AUD
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Nikkei 225
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Hang Seng
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-44.65
-0.20%
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NZD to JPY
74.2720
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VW sees second quarter profit halved

VW sees second quarter profit halved

Volkswagen says second-quarter profits fell by more than half compared with the same period last year, before the company was…

  • Shell says 2Q earnings fell 72 per cent AAP - 1 hour 47 minutes ago
    Shell says 2Q earnings fell 72 per cent

    Royal Dutch Shell says second-quarter earnings fell 72 per cent as low oil prices challenge the profitability of the business. The Anglo-Dutch company said on Thursday that profit adjusted for changes in the value of inventories and excluding one-time items dropped to $US1.05 billion ($A1.40 billion) from $US3.76 billion in the same period of 2015. CEO Ben van Beurden said that "lower oil prices continue to be a significant challenge across the business".

  • Arrium pay cut talks to continue AAP - 1 hour 58 minutes ago
    Arrium pay cut talks to continue

    Arrium workers in South Australia and the company's administrators are resuming talks over a proposed pay cut. Representatives from the Australian Workers Union and administrators KordaMentha were previously unable to reach an agreement. The administrators have proposed a 12 per cent cut as part of a three-year pay reduction strategy, which also includes a two per cent rise in the final year.

  • Boeing's iconic 747 could come to an end AAP - 2 hours 3 minutes ago

    Boeing Co could end production of the iconic 747 aircraft as the world's biggest plane maker fights falling orders and pricing pressure on the plane, according to a regulatory filing. Boeing also cancelled plans to increase production of the 747 to one plane per month from 2019, and stuck to its earlier plan of halving the production rate in September 2016. Production rate on the 747, which was at 1.5 per month in June 2015, has gradually dropped to 1 a month in July 2016, signalling bad news for the jet's future plan.

  • Miners help lift a mixed Aust market AAP - 2 hours 5 minutes ago

    Australian shares have continued their slow upward push, ignoring a weak lead from Wall Street. Iron ore miners provided much of the momentum, with gains for Rio Tinto, BHP Billiton and Fortescue Metals ...

  • Brexit uncertainty hits Henderson profit AAP - 2 hours 7 minutes ago

    Global asset manger Henderson Group's half year profit has dropped 41 per cent amid market uncertainty related to Britain's referendum on its place in the European Union. Henderson, which is listed on the Australian and London share markets, said its clients pulled back from investing in European assets and UK property before the 'Brexit' poll, and particularly after the June 23 vote to leave the EU. Henderson made a net profit of GBP53.1 million in the six months to June 30, down from GBP90.6 million a year earlier.

  • $A recovers from inflation dip AAP - 2 hours 13 minutes ago

    The Australian dollar has bounced back above 75 US cents as the US Federal Reserve did little to alter expectations of a December rate hike, and the chances of a Reserve Bank rate cut next week remained ...

  • Stocks to watch AAP - 3 hours ago

    Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON - up 11 cents, or 0.6 per cent, at $19.97 The fatal Samarco mine disaster in Brazil will dent BHP Billiton's bottom line by up to $US1.4 ...

  • Aust shares close higher AAP - 3 hours ago
    Aust shares close higher

    Australian stocks have closed higher after a mixed session, with gains in the big iron ore players and consumer stocks offsetting falls in the energy sector. At 1615 AEST, the S&P ASX200 index was up 16.9 ...

 

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    BUZZWORTHY

    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      0.9408-0.0032-0.34%
      NZDAUD=X
      0.7091+0.0019+0.28%
      NZDUSD=X
      0.5384+0.0035+0.65%
      NZDGBP=X
      74.2720-0.205-0.28%
      NZDJPY=X

    MARKET MOVERS

    • Most Actives
      Most Actives
      NamePriceChange% Chg
      5.31+0.02+0.38%
      NPX.NZ
      1.18-0.01-0.84%
      ARV.NZ
      5.03+0.05+1.00%
      SKC.NZ
      3.88-0.02-0.51%
      SPK.NZ
      9.46-0.09-0.94%
      FBU.NZ
    • % Gainers
      % Gainers
      NamePriceChange% Chg
      4.80+0.50+11.63%
      IFT220.NZ
      0.74+0.06+8.82%
      IKE.NZ
      3.70+0.17+4.82%
      WIA020.NZ
      5.08+0.21+4.31%
      OGC.NZ
      10.78+0.42+4.05%
      CVT.NZ
    • % Losers
      % Losers
      NamePriceChange% Chg
      0.70-0.08-10.26%
      SKO.NZ
      2.75-0.25-8.33%
      AIA080.NZ
      3.64-0.28-7.14%
      PCT010.NZ
      4.25-0.25-5.56%
      SEK.NZ
      2.09-0.09-4.13%
      STU.NZ