NZ dollar falls against broadly stronger greenback ahead of Fed meeting
By Jonathan Underhill Sept. 19 (BusinessDesk) - The New Zealand dollar fell against a broadly stronger US dollar ahead of the Federal Reserve's two-day policy meeting which may provide hints to how and when the central bank will begin unwinding its massive balance sheet. Th...
Vinz wins inspection contract for Tourism Holdings' global fleet, no price given
By Jonathan Underhill Sept. 18 (BusinessDesk) - Vehicle Inspection New Zealand (Vinz), which is owned by Japan's Jevic, has won a safety inspection contract for Tourism Holdings' global fleet of 5,264 vehicles. The value of the contract wasn't disclosed although Vinz said i...
Westland Milk shareholders to vote on shrinking board, tightening selection rules
By Jonathan Underhill Sept. 18 (BusinessDesk) - Westland Milk Products shareholders are to vote on shrinking the board and improving selection processes after criticism that followed the cooperative's $14.5 million loss last year. Shareholders will vote on Oct. 5 on a serie...
OG Oil & Gas makes partial takeover offer for NZ Oil & Gas after Zeta bid rejected
By Jonathan Underhill Sept. 18 (BusinessDesk) - OG Oil & Gas, the oil and gas arm of the Ofer Global Group, has formalised its partial takeover offer for New Zealand Oil & Gas after the New Zealand energy explorer rejected an "inadequate" partial offer from ASX-listed Zeta Re...
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