CBL sees customers up for grabs in Brexit uncertainty
By Paul McBeth May 3 (BusinessDesk) - CBL Corp expects to pick up new British customers wanting greater certainty from their insurance providers as the UK exits from the European Union. The Auckland-based credit surety and financial risk insurance firm has exceeded regulate...
SNAP: ComCom sticks to its guns in rejecting NZME-Fairfax NZ merger
By Paul McBeth May 3 (BusinessDesk) - The Commerce Commission has stuck to its guns in rejecting a proposed tie-up between the country's major news publishers Fairfax New Zealand and NZME, reiterating its concerns that while the merger could buy the companies some time it woul...
NZ property values plateau as turnover dries up in face of lending curbs, QV says
By Paul McBeth May 3 (BusinessDesk) - New Zealand property values stalled in the three months through April as tighter credit conditions and restrictions on riskier mortgage lending has seen dwindling sales numbers, says state-owned valuer Quotable Value. The QV house pric...
MARKET CLOSE: NZ shares gain as hunt for yield lifts Air NZ, Genesis
By Paul McBeth May 2 (BusinessDesk) - New Zealand shares rose for a seventh day, following Wall Street higher, as a pickup in risk appetite prompted investors to renew their hunt for stocks offering relatively high dividends. Air New Zealand and Genesis Energy gained. The...
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