No clowning around in government's first TPP roadshow
By Fiona Rotherham March 7 (BusinessDesk) - The first of the government's 16 roadshows and huis around the country explaining detail on the Trans Pacific Partnership agreement has kicked off in Auckland with four protesters dressed as clowns being ousted from a meeting while f...
NZ wholesale trade dips in fourth quarter on decline in basic material products
By Paul McBeth March 7 (BusinessDesk) - New Zealand wholesale trade dipped in the final three months of 2015 as a drop in sales of basic material products, such as metals, minerals and agriculture, helped snap two quarters of gains. Seasonally adjusted sales fell 0.2 perce...
Insight bid for Diligent above adviser's US$4.80 fair value midpoint
By Paul McBeth March 7 (BusinessDesk) - Insight Venture Capital's US$624 million takeover bid for Diligent Corp represents fair value for the software developer's shareholders, according to the independent adviser's valuation. Diligent shareholders will vote on the deal ne...
NZ dollar heads for 1.9% weekly gain as US jobs report looms
By Paul McBeth March 4 (BusinessDesk) - The New Zealand dollar is heading for a 1.9 percent gain against the greenback this week ahead of US employment data which investors will be watching to gauge whether the Federal Reserve will continue hiking interest rates this year. ...
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