CRI research still relevant as Joyce puts funding under microscope
By Paul McBeth Oct. 8 (BusinessDesk) - Science and Innovation Minister Steven Joyce is happy with the close association the country's seven Crown Research Institute have with their specific industries, even as their funding comes under review in the National Statement on Scien...
Solid Energy plans to shut unprofitable Huntly East mine, sees no prospect of finding a buyer
By Paul McBeth Oct. 8 (BusinessDesk) - Solid Energy, the state-owned coal miner in voluntary administration, plans to shut down its unprofitable Huntly East mine and lay off 65 staff after deciding the site stands "no chance whatsoever" of finding a buyer. The Waikato mine ...
NZ dollar climbs above 66 US cts as calmer markets stoke risk appetite
By Paul McBeth Oct. 8 (BusinessDesk) - The New Zealand dollar rose above 66 US cents for the first time in 6 1/2 weeks as reduced volatility in global markets stoked investors' appetite for risk-sensitive assets, pushing up equities and commodity-linked currencies. The kiwi...
NZ dollar climbs to six-week high, following commodity prices higher
By Paul McBeth Oct. 7 (BusinessDesk) - The New Zealand dollar rose to a six-week high, extending gains after another increase in milk product prices at the latest GlobalDairyTrade auction, and higher commodity prices across the board. The kiwi climbed as high as 65.61 US ce...
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