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
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
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
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...