Veritas to appeal Burger King decision to quit meat patty supply deal
By Paul McBeth Sept. 30 (BusinessDesk) - Veritas Investments, the food and beverage investor, plans to appeal an arbitrator's ruling in favour of Burger King franchise operator Antares Restaurant Group quitting their joint venture, which supplies beef patties to the fast food...
SeaDragon raises $10 mln, adding extra placement after rights issue, bookbuild
By Paul McBeth Sept. 30 (BusinessDesk) - SeaDragon, the fish oil refiner, has raised $10 million to help fund the completion of a new factory in Nelson, undertaking an extra placement to investors in excess of what it was seeking through a rights issue and bookbuild. The Ne...
RESEND: NZ dollar gains as Glencore reassures market, boosting commodity prices
By Paul McBeth Sept. 30 (BusinessDesk) - The New Zealand dollar gained after Swiss mining group Glencore hosed down concerns over its debt load, which boosted commodities and currencies sensitive to movements in raw material prices. The kiwi rose to 63.43 US cents at 8am in...
NZ dollar falls as weaker commodity prices weigh on growth-linked currencies
By Paul McBeth Sept. 29 (BusinessDesk) - The New Zealand dollar extended its decline in local trading as weaker commodity prices weighed on currencies linked to the production and export of raw materials. The kiwi fell to 63.06 US cents at 5pm in Wellington from 63.32 cents...
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