Vector says electricity customers, new connections rise in year to June
By Rebecca Howard July 21 (BusinessDesk) - Vector, the Auckland-based electricity and gas distributor, lifted its electricity and gas distribution customers as well as its natural gas sales in the year ended June 30 and installed more smart meters. The company, which is due...
NZ dollar pares losses against Aussie as sell-off looks overdone
By Rebecca Howard July 20 (BusinessDesk) - The New Zealand dollar touched a fresh three-month low against the Australian dollar after strong Aussie jobs numbers, but pared some of its losses over the course of the day. The kiwi was trading at 92.51 Australian cents at 5pm v...
AFT Pharmaceuticals now licensed in 124 countries worldwide
By Rebecca Howard July 20 (BusinessDesk) - AFT Pharmaceuticals, which manufactures the Maxigesic painkiller, said it is now licensed in 124 countries worldwide after it inked a deal with a private European pharmaceutical company called Amicus SA Switzerland. The agreement i...
RBNZ considering IMF recommendations but aiming for regime 'fit for New Zealand'
By Rebecca Howard July 20 (BusinessDesk) - The Reserve Bank of has begun a process to review the relevant findings and recommendations from an International Monetary Fund review and is initially focused on whether greater alignment with international orthodoxy might contribute...
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