Business
Finance
Regulators prod NZ insurers on 'dire' conduct report
By Paul McBeth May 10 (BusinessDesk) - New Zealand insurers have been steered to lessons from Australia's royal commission on banking when responding to the "dire" findings of a local conduct and culture investigation earlier this year. Last week, officials from the Financi...
Primary Sector
UPDATE: Synait shares dive after unfavourable court decision on Pokeno
(Updates throughout to add further comments from Synlait and from the Court of Appeal judgment.) By Jenny Ruth May 10 (BusinessDesk) - Synlait Milk says it is confident it can find a solution to the ownership problem now afflicting most of the land on which its new Pokeno f...
Primary Sector
OceanaGold seeks mining permit for new Coromandel operation
By Gavin Evans May 10 (BusinessDesk) - OceanaGold has sought a mining permit over its Wharekirauponga discovery in the Coromandel Forest Park. The deposit lies in the northern part of the 3,762 square-kilometre Hauraki exploration permit the company and its predecessors hav...
Services
Vital won't participate in Healthscope purchase
By Jenny Ruth May 10 (BusinessDesk) - Vital Healthcare Property Trust’s manager says it won’t proceed with the Healthscope purchase and the manger’s chief executive, David Carr, has resigned. Carr will be replaced by Miles Wentworth who had managed the NZX-listed Vital when...
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