Bank of NZ to bring in nuclear free, tobacco free investment policy
By Rebecca Howard March 23 (BusinessDesk) - Bank of New Zealand has developed a responsible investment policy which excludes companies involved in the production of cluster munitions, anti-personnel mines, nuclear weapons and tobacco or tobacco products from its international...
NZ dollar extends gain against Aussie; Trump slump weighs on Asia
By Rebecca Howard March 22 (BusinessDesk) - The New Zealand dollar gained against the Australian dollar as the interest rate differential between the countries looks set to persist and as investors were unnerved by the US White House's inability to deliver on its plans. T...
Upside Biotechnologies raises $2.3 mln in funding round
By Rebecca Howard March 22 (BusinessDesk) - Upside Biotechnologies, a regenerative medicine start-up, said it has successfully raised $2.3 million in its Series A funding round. The Auckland-based company is developing an advanced, world-class skin replacement treatment fo...
NZ's labour productivity dips on strong jobs market
By Rebecca Howard March 22 (BusinessDesk) - New Zealand's labour productivity fell 0.7 percent in the year to March 2016 bolstered by the strong labour market as waves of migrants look for work. Labour productivity fell as inputs rose 3.3 percent, outstripping outputs, whic...
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