World Week Ahead: Fed minutes and policy report
By Margreet Dietz July 3 (BusinessDesk) - Minutes from the US Federal Reserve’s June meeting, released on Wednesday, as well as the Fed’s monetary policy report to Congress, slated for Friday, will form a key focus as investors try to gauge the outlook for inflation. Sever...
Toll NZ buys $59.5 mln site from Fletcher for new freight forwarding facility in Otahuhu
By Paul McBeth June 30 (BusinessDesk) - Toll Group NZ, whose parent Toll Holdings in Australia was bought by Japan Post for A$6.5 billion last year, has purchased a new site in Auckland's suburb of Otahuhu for $59.5 million, where it wants to build a new freight forward facili...
Healthcare NZ seeks increased foothold in Auckland with Geneva Healthcare acquisition
By Paul McBeth June 30 (BusinessDesk) - Healthcare of New Zealand Holdings, the country's biggest provider of homecare support, wants a bigger share of Auckland, where it's under-represented with the acquisition of Geneva Healthcare for an undisclosed sum. The Wellington-b...
SeaDragon auditor PwC tags accounts over factory value
By Paul McBeth June 30 (BusinessDesk) - Fish oil supplement maker SeaDragon's annual accounts were tagged by auditor PwC over the value attached to its long-delayed fish oil refinery, which relies on forecast revenue, something the accounting firm couldn't find enough evidence...
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