SkyCity inks construction contract for Adelaide casino expansion
By Rebecca Howard May 21 (BusinessDesk) - SkyCity Entertainment Group has inked a construction contract with Australian commercial construction company Hansen Yuncken for expansion of its Adelaide Casino. New Zealand's only listed casino company said the contract is a large...
CBL administrators adjourn watershed meeting on voting stalemate
By Rebecca Howard May 18 (BusinessDesk) - CBL Corp's voluntary administrators adjourned a watershed meeting today when it became clear there would be a voting stalemate on whether to put the company into liquidation or hand control back to its directors. Auckland-based CBL...
NZ dollar heading for 1.2% weekly decline as US dollar remains in favour
By Rebecca Howard May 18 (BusinessDesk) - The New Zealand dollar is heading for a 1.2 percent weekly decline as rising US Treasury yields continue to stoke interest in the greenback. The kiwi dollar traded at 68.84 US cents as at 5pm in Wellington versus 69.05 cents late y...
Superyachts may bring biggest spenders to Auckland for 2021 America's Cup, CBRE says
By Andrew Bevin May 18 (BusinessDesk) - Superyachts owned by some of the world's wealthiest billionaires are likely to provide the biggest boost to Auckland's economy at the 2021 America's Cup, an event CBRE says could generate between $403 million and $892 million for the cit...
Prev
