Restaurant Brands gets Yum sign-off for Hawaiian deal but delay dents guidance
By Jonathan Underhill March 3 (BusinessDesk) - Restaurant Brands New Zealand says it has gained approval from Yum! Brands, the parent company of Pizza Hut and Taco Bell, to acquire the only franchisee for those stores in Hawaii but the time taken for sign-off means full-year p...
T&G Global, Grandview Brokerage form venture to align US fresh produce assets
By Jonathan Underhill March 3 (BusinessDesk) - T&G Global, the fruit marketer controlled by Germany’s BayWa, has agreed to a joint venture in the US that it says will improve its access to the American fresh produce market. The agreement between the Auckland-based company a...
NZ dollar extends slide as bets for US rate hike in March put focus on Yellen
By Jonathan Underhill March 3 (BusinessDesk) - The New Zealand dollar extended its decline to a seven-week low as growing speculation the Federal Reserve will hike interest rates this month put the focus on a speech by Fed chair Janet Yellen tonight. The kiwi dollar fell to...
NZ dollar falls as renewed bets for Fed rate hike in March stoke greenback
By Jonathan Underhill March 2 (BusinessDesk) - The New Zealand dollar fell amid growing speculation the US Federal Reserve will hike interest rates in March in an economy showing more signs of life and a president whose policies are seen to be stimulatory. The kiwi dollar d...