Chile reveals NZ to host TPP signing ceremony in Feb, Govt tight-lipped
By Edwin Mitson Jan. 7 (BusinessDesk) - The director of Chile's economic relations bureau has said New Zealand will host the signing ceremony for the controversial Trans Pacific Partnership next month. A second country, Peru, has told Bloomberg that its Deputy Trade Minister a...
Eftpos transaction record broken on Christmas Eve
By Edwin Mitson Dec. 24 (BusinessDesk) - Christmas Eve saw a record number of transactions through Paymark's Eftpos system. The peak was hit at 12:21pm, with 157.46 transactions per second, up slightly from 2014's peak of 156.13. As at 1pm, Kiwis had already spent more than...
Seeka upgrades profit guidance, pays $4 mln to support growers
By Edwin Mitson Dec. 23 (BusinessDesk) - Seeka Kiwifruit Industries, the largest kiwifruit grower in Australia and New Zealand, says profit for 2015 will be at the upper end of its guidance as insurance claims related to a fire at its Oakside plant are settled. In August th...
Commercial property owners join leaky homes lawsuit
By Edwin Mitson Dec. 22 (BusinessDesk) - The owners of 22 business units are suing the building products company James Hardie for negligence and breach of the Fair Trading Act over its Titanboard product, which was used in commercial buildings from the mid-1990s. They're to jo...
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