Business
Retail
Creditors owed more than $5 million by STA Travel
STA Travel owes creditors more than $5 million, and the amount is expected to grow. About 200 creditors of STA Travel attended the first creditors’ meeting held by administrator Deloitte on Thursday. The New Zealand arm of STA Travel was placed into voluntary administration...
Property
JENNY RUTH: Playing hardball with Metlifecare valuations
Value, like beauty, is in the eye of the beholder, or at least that's what it looks like when considering Sweden-based EQT's takeover offer for Metlifecare.
Law & Regulation
IRD wins Frucor tax appeal
Long-running tax dispute ends, and Inland Revenue gets the victory.
Infrastructure
NZ Steel says 200 jobs may go to keep mill
Up to 14 percent of manufacturer's 1,400 workforce may lose their jobs to save Glenbrook.
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