Decline in Chinese tourists weighs on accommodation numbers
By Paul McBeth April 15 (BusinessDesk) - The steep decline in Chinese visitors in February weighed on the accommodation sector, with fewer international guest nights booked for the third straight month. The earlier Lunar New Year was cited as a reason for a 26 percent drop...
Wrightson board rings in a changing of the guard
By Paul McBeth April 15 (BusinessDesk) - PGG Wrightson's board will go through a major reshuffle at the end of the month with David Cushing among the incoming directors. Deputy chair Trevor Burt and independent directors Bruce Irvine and John Nichol will retire on April 30...
MARKET CLOSE: NZ shares rise; retirement stocks Metlife, Summerset extend recovery
By Paul McBeth April 12 (BusinessDesk) - New Zealand shares edged higher as retirement stocks Summerset Group and Metlifecare continued to recover from a sharp selloff. Air New Zealand and Tourism Holdings fell in the wake of weaker tourism numbers. The S&P/NZX 50 Index inc...
Chorus subcontracting left technicians bearing too much risk: report
By Paul McBeth April 12 (BusinessDesk) - The subcontracting model used by Chorus to deliver ultrafast broadband to more than a million people was the right tool for the job but left technicians carrying too much risk and migrant workers vulnerable to exploitation. The netw...
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