Intueri pleads guilty to one charge over diving school death
By Paul McBeth Nov. 20 (BusinessDesk) - Intueri Education Group, New Zealand's largest private training institution, has cut a deal with Worksafe New Zealand, pleading guilty to one charge over a student death at its diving school last year, with four remaining charges dropped...
Serko warns on annual sales as first-half comes in at bottom of range, may raise capital
By Paul McBeth Nov. 20 (BusinessDesk) - Serko, the online travel booking company, cut its forecast for annual revenue by 15 percent, after reporting first-half sales near the bottom of an already reduced guidance due to late product roll-outs and a slowing Australian economy....
Increased Canterbury quake costs pushed Tower into the red this year
By Paul McBeth Nov. 20 (BusinessDesk) - Tower, the general insurer, says it will report an annual loss next week after raising its provisioning for the cost of the Canterbury earthquake caused by more expensive repairs and rebuilds from its outstanding claims. The Auckland-...
NZ dollar squeezes higher after Fed minutes hold no new clues on rate track
By Paul McBeth Nov. 19 (BusinessDesk) - The New Zealand dollar rose after minutes to the last Federal Reserve policy meeting showed an interest rate hike was still on the cards next month without offering more guidance, prompting some traders to cash in on their bets on the gr...
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