According to reports, the country's biggest listed retailer has surged its annual profit by 61% on property sales earlier in the year. Warehouse Group has benefitted from its Torpedo7 and Noel Leeming acquisitions.
The Auckland-based company revealed in a statement that its net profit soared to $144.7 million in the 12 months that ended July 28. The figure was $90.2 million a year earlier.
In an announcement made at the Microsoft TechEd conference in Auckland this week, Paul Muckleston - Microsoft New Zealand general manager - revealed that nearly 27,000 charities in New Zealand are now eligible for free Office 365 software.
The government has shown concerns for shortages of beds because of growing number of prisoners needing treatment. It said more beds will be added to Auckland's secure psychiatric hospital over next four to five years to address the concern.
Lloyd Jones' critically acclaimed novel Mr Pip's on screen adaptation is all set for a world premier in Auckland. The novel has been transformed into a feature film and stars Hugh Laurie. Audiences saw the first glimpse of the movie at the Toronto Film Festival and was met with mixed reviews.
In a latest move, Bic has announced a proposal to shut pen manufacturing plant in New Zealand. Workers in the plant have been informed this morning about the move. It is expected that 19 jobs will be struck by the move next year, which would see the company to cut production and import pens from overseas.
A research has been carried out as per which, it has been unveiled that there is not much difference in the level of impact when it comes to e-cigarettes and nicotine patches.
The study was carried out by a group of researchers from the University of Auckland. It has been presented at a conference of the European Respiratory Society in Spain.
Good News USA
- Vodafone NZ’s new ‘Red Home’ packages will offer UFB and 150 TV channels
- Vodafone NZ’s full-year profit plunged by more than two-thirds to $56 million
- Vodafone adding 34 European countries to ‘AU$5 per day’ international roaming option
- Telstra launches its new ‘Every Day Connect Data Share Packages’
- Voyager signs “multimillion-dollar deal” with submarine cable group Hawaiki