Hart retains top spot in NBR Rich List, followed by newcomer Thiel
By Rebecca Howard July 24 (BusinessDesk) - Graeme Hart, New Zealand's richest man, kept the top spot in this year's National Business Review Rich List while San Francisco-based billionaire investor Peter Thiel - granted citizenship in 2011 - was in second place and was one of...
NZ dollar stages a recovery after RBA governor jawbones down Aussie
By Rebecca Howard July 21 (BusinessDesk) - The New Zealand dollar is heading for a 1 percent weekly gain against the greenback and moved higher against the Aussie after that nation's central bank quelled the view that rate hikes might be on the horizon while New Zealand's fina...
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...
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