
NZX eyes flatter market structure with broader range of products in listing rules proposals
By Paul McBeth Sept. 27 (BusinessDesk) - NZX wants a more streamlined marketplace that's easier and cheaper to use for listed issuers and able to accommodate a broader range of products in its favoured proposals to change the bourse's listing rules. The Wellington-based st...

Future Mobility Solutions buys US boat-maker Willard Marine for US$6.85M
By Paul McBeth Sept. 27 (BusinessDesk) - Future Mobility Solutions, the company formerly known as Sealegs International, has agreed to buy US boat-maker Willard Marine for US$6.85 million. The Auckland-based company has signed a conditional agreement to buy Willard, paying...

GlobalDairyTrade beefs up offering with multi-seller pools of US lactose products
By Rebecca Howard Sept. 26 (BusinessDesk) - Fonterra Cooperative Group's GlobalDairyTrade platform, which has moved more than US$20 billion in dairy products since it launched in 2008, is looking to broaden its offering to meet customer needs. “We are continually innovating...

NZ Windfarms chair Kerr-Newell urges incoming govt to look at market structure
By Paul McBeth Sept. 26 (BusinessDesk) - NZ Windfarms chair Rodger Kerr-Newell wants the next government to have another look at the structure of the electricity market, which he says is stacked against the expansion of wind generation. Speaking at today's annual meeting i...