Midday Report for Friday 12 August 2016

12:00 PM.Fijians celebrate Olympic history and court documents reveal weekly fight clubs at Mt Eden prison. Audio

12:17 PM.Listed steel maker and building products company Steel and Tube's full year profit has risen nearly 20 percent on the back of an asset sale, but it says there are signs world steel prices are… Read more Audio

12:19 PM.Rapid growth in dairy company Synlait's sales of infant formula has resulted in it forecasting a near tripling of its profits. Audio

12:20 PM.The glass processor, Metro Performance Glass, is buying the Australian Glass Group for just over 43 million Australian dollars, as part of a plan to expand its processing business across the Tasman. Audio

12:21 PM.Consumers went on a spending spree in the June quarter, with the volume of retail sales rising the most in nearly 10 years. Audio

12:22 PM.Activity in the manufacturing sector remains firm, despite some weakness in July. Audio

12:23 PM.For the latest from the markets we're joined by Don Lewthwaite at First NZ Capital. Audio

12:25 PM.The honey and natural foods exporter, Oceania Natural, is offering what it's calling Manuka Bonds, which will be used to buy barrels of honey. Audio

12:26 PM.The New Zealand men's team sprint have missed out on gold by a tenth of a second at the Rio Olympics. Audio

12:35 PM.News from the rural and farming sectors. Audio