NZ dollar drifts from month-high as Trump unveils budget proposals, Fonterra forecast
By Paul McBeth May 24 (BusinessDesk) - The New Zealand dollar drifted off a month-high as US President Donald Trump unveiled plans to cut government spending, easing some nerves about the White House's ability to press ahead with reforms, while domestically Fonterra Cooperativ...
Three fintech start-ups pitch for funds at end of Kiwibank-sponsored accelerator
By Paul McBeth May 23 (BusinessDesk) - Three of the financial technology start-ups in the Kiwibank Fintech Accelerator programme pitched their ideas to investors before the public demonstration day event in Wellington last week. Creative HQ's Lightning Lab separated out th...
Briscoe's ASX listing won't derail cautious investment approach, chair Meo says
By Paul McBeth May 23 (BusinessDesk) - Briscoe Group's cautious and methodical approach to making investments or acquisitions won't be cast aside with the retailer's plan to seek a secondary listing on the Australian Securities Exchange, says chair Rosanne Meo. Last week,...
Rex Bionics shareholders agree to watered down stake to secure Australian lifeline
By Paul McBeth May 23 (BusinessDesk) - Rex Bionics investors have backed a deal that will see their investment diluted to little more than a third of the company in exchange for a A$10 million lifeline by Australian fund manager and fellow shareholder BioScience Managers. ...
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