Veritas to franchise Nosh stores, copying Mad Butcher strategy

Veritas to franchise Nosh stores, copying Mad Butcher strategy

By Jonathan Underhill April 6 (BusinessDesk) - Veritas Investments, which took first-half impairments against the value of some businesses and is planning to renegotiate its debt facilities, plans to use a franchise model for its Nosh Food Market stores, the same strategy it u...

MARKET CLOSE: NZ shares fall as some investors take profits, ASX 200 drops; Fletcher, banks decline

MARKET CLOSE: NZ shares fall as some investors take profits, ASX 200 drops; Fletcher, banks decline

By Jonathan Underhill April 5 (BusinessDesk) - New Zealand shares fell as the soaring S&P/NZX 50 Index prompted some investors to take profits and as weak commodity prices weighed on the Australian market. Fletcher Building, Westpac Banking Corp and Australia & New Zealand Ban...

NZ dollar drops vs. Australian dollar on more upbeat RBA statement

NZ dollar drops vs. Australian dollar on more upbeat RBA statement

By Jonathan Underhill April 5 (BusinessDesk) - The New Zealand dollar fell against the Australian dollar after the Reserve Bank of Australia gave a less gloomy account of the global and domestic economy while keeping its cash rate unchanged at 2 percent. The kiwi fell to 89...

Decima Health's Weir to pitch eczema treatment at Chicago dermatology conference

Decima Health's Weir to pitch eczema treatment at Chicago dermatology conference

By Jonathan Underhill April 5 (BusinessDesk) - Iona Weir, chief executive of Auckland-based Decima Health, will get the chance to pitch the eczema treatment she developed to a global dermatology conference in the US after organisers liked her abstract so much they asked her to...