Nuplex says new business 'insulates' Russian unit from sanction-induced recession
By Paul McBeth Nov. 5 (BusinessDesk) - Nuplex Industries' push into Russia has got a new lease of life as three multinational companies look to open plants in the world's 10th largest economy, and as the Russian government tries to encourage local production in the face of rec...
NZ dollar drops as jobs growth stalls, dairy prices fall
By Paul McBeth Nov. 4 (BusinessDesk) - The New Zealand dollar fell after data showed jobs growth unexpectedly stalled and dairy prices fell at the latest GlobalDairyTrade auction, adding pressure to the Reserve Bank to cut interest rates when it next reviews the Official Cash...
Chorus backs govt's proposed telco pricing regime, wants detailed re-write of law
By Paul McBeth Nov. 4 (BusinessDesk) - Chorus, the regulated telecommunications network operator, is backing the government's proposal to install a similar oversight regime used for lines companies, and wants a detailed re-write of the law which it says can't be fixed by mere...
Blis Technologies takes $350k provision over safe but ugly product, affirms revenue forecast
By Paul McBeth Nov. 4 (BusinessDesk) - Blis Technologies, the probiotics product maker, has taken a $350,000 provision for a speckled discolouration of a lozenge product line in Europe, but has retained its expectations to double annual revenue, saying the product is safe and...
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