IkeGPS executive reshuffle sees CFO, sales VP leave
By Paul McBeth March 29 (BusinessDesk) - An executive reshuffle at IkeGPS will see the departure of the laser measurement tool developer's chief financial officer and senior vice president of sales. The Wellington-based company said it has restructured its business units w...
NZ dollar gains as soft US inflation clouds Fed's rate hike outlook
By Paul McBeth March 29 (BusinessDesk) - The New Zealand dollar gained as slower inflation in the US in the US prompted traders to dial back the timing of further Federal Reserve interest rate hikes. The kiwi rose to 67.24 US cents at 8am in Wellington from 66.84 cents at 5...
NZ dollar heads for 1.4% decline in short week as traders rethink Fed rates
By Paul McBeth March 24 (BusinessDesk) - The New Zealand dollar is heading for a 1.4 percent fall this week as traders reassess their view on the outlook for US rates after several Federal Reserve officials were more upbeat about the world's biggest economy. The kiwi fell...
Update: Scott Technology expects to accelerate expansion once JBS gets OIO sign-off
(Update: new angle, company comment) By Paul McBeth March 24 (BusinessDesk) - Scott Technology wants to accelerate its growth plans, which could include bigger acquisitions, once the Overseas Investment Office signs off on Brazilian meat processor JBS taking a majority stak...
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