TPG Telecom hoses down 2Degrees speculation
By Paul McBeth Aug. 22 (BusinessDesk) - TPG Telecom, the Australian company that bought Spark New Zealand's AAPT business in 2013, has hosed down speculation it's on the verge of buying Two Degrees Mobile. Australian media reported the ASX-listed company founded by billion...
Ngatata Love takes stand in his fraud trial as doctor stands by
Aug. 22 (BusinessDesk) - Former Treaty negotiator Ngatata Love has taken the stand in the High Court in Wellington where he is accused of defrauding the Wellington Tenths Trust by taking payments to ensure property developers would win work with the iwi entity he chaired. Pre...
Weldon to leave GeoOp board at the end of the month
By Paul McBeth Aug. 22 (BusinessDesk) - Former NZX and MediaWorks boss Mark Weldon will leave the board of minnow human resources software developer GeoOp at the end of the month, and will be replaced by an Australian director. Weldon handed over the chairmanship of GeoOp...
NZ dollar heads for 1.1% weekly gain as interest rate advantage remains attractive
By Paul McBeth Aug. 19 (BusinessDesk) - The New Zealand dollar is heading for a 1.1 percent weekly gain against the greenback as the country's relatively high yields continue to attract investors in search of decent returns in a world where major central banks are running near...
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