Genesis Energy CEO England wastes no time overhauling executive team
By Jonathan Underhill July 28 (BusinessDesk) - Genesis Energy chief executive Marc England, who took up the role in May, has announced an overhaul of his management team, with three executives departing and Chris Jewell confirmed as chief financial officer. England, previou...
Palliser Estate founder shareholder Richard Riddiford dies after short illness
By Jonathan Underhill July 28 (BusinessDesk) - Richard Riddiford, the wine industry personality who founded and co-owns Martinborough-based Palliser Estate Wines, has died after a short illness at the age of 65. He stepped down as managing director in 2015 after 25 years ru...
ANZ Bank's Australian court victory in fees class action won't deter NZ litigants, Hooker says
By Jonathan Underhill July 28 (BusinessDesk) - Australia's High Court has dismissed an appeal in a class action suit against fees charged by Australia & New Zealand Banking Group but the ruling won't necessarily derail a similar representative action over bank fees in New Zeal...
NZ dollar gains after cautiously upbeat Fed; Japan unleashes more stimulus
By Jonathan Underhill July 28 (BusinessDesk) - The New Zealand dollar rose after the Federal Reserve said near-term risks for the world's biggest economy were diminishing, keeping on track expectations for an interest rate hike this year. The kiwi rose to 70.71 US cents as...