NZ dollar holds above 69 US cts after mixed US employment report
By Paul McBeth Nov. 6 (BusinessDesk) - The New Zealand dollar held above 69 US cents after a mixed US employment report kept expectations for a Federal Reserve rate hike intact, while domestically the Reserve Bank's Thursday meeting is coming into focus. The kiwi traded at...
BNZ at a different restructuring stage to NAB, CEO Healy says
By Paul McBeth Nov. 3 (BusinessDesk) - Bank of New Zealand is on a different trajectory to parent National Australia Bank in overhauling its workforce and isn't ready to put a number on the number of jobs affected yet. Melbourne-based NAB wants to generate annual savings o...
Spark mulls over re-training staff to cope with changing nature of work force
By Paul McBeth Nov. 3 (BusinessDesk) - Spark New Zealand chief executive Simon Moutter says he's troubled by the changing nature of the workforce and is exploring how to best re-train people halfway through their careers to deal with the changing environment. The country's...
CTU 'cautiously optimistic' about labour, environment standards in EU trade talks
By Paul McBeth Nov. 2 (BusinessDesk) - The Council of Trade Unions is pleased to see trade talks with European officials will include discussion of labour and environmental standards, but isn't counting its chickens too early. Members of the European Parliament's trade com...
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