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Hellaby anticipates strong recovery when delayed oil contracts come on stream
By Sophie Boot Feb. 22 (BusinessDesk) - Hellaby Holdings is picking a strong recovery in its oil and gas services segment when a series of delayed contracts come on stream. The diversified investment company on Friday posted a 65 percent drop in first-half profit to $4.7 mi...
NZ dollar hits 8-month high vs. pound amid uncertainty about UK vote on EU membership
By Tina Morrison Feb. 22 (BusinessDesk) - The New Zealand dollar rose to an eight-month high against the British pound as divisions in the UK's ruling Conservative Party raised uncertainty about whether the country will remain in the European Union. The kiwi touched 46.64 B...
World Week Ahead: US rates move back in focus
By Margreet Dietz Feb. 22 (BusinessDesk) - Investors will watch this week’s speeches by US Federal Reserve officials with extra intent after economic data on the country’s inflation, jobs and even manufacturing suggested the central bank might hike interest rates sooner than t...
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