Business
Retail
Smiths City sold; more than 100 jobs lost
Retail chain Smiths City Group is selling the bulk of its businesses in a $60 million deal that will see a quarter of the firm's workforce lose their jobs.
Law & Regulation
Metlifecare heads to court for takeover deal enforcement
Metlifecare has filed an application with the High Court in the latest twist in its stoush with EQT, seeking court orders to have the Swedish private equity firm's takeover offer enforced.
Primary Sector
OceanaGold posts first-quarter loss but sees shiny future
A first-quarter loss has not tarnished OceanaGold's commitment to its New Zealand goldfields, on the back of the highest New Zealand currency-denominated gold prices on record.
Finance
Dairy risk in S&P's dimmer view of BNZ's capital position?
Standard & Poor's has singled out Bank of New Zealand as being in a worse capital position than the other three major banks and even compared with two smaller banks.
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