OIO considers $105.5 mln buyout of Harvard dairy farms
By Sophie Boot Dec. 18 (BusinessDesk) - The Overseas Investment Office is considering the sale of Harvard University's 5,500-head dairy farms in the South Island to a Singapore-based investor. Accounts for the dairy farms filed with New Zealand's Companies Office show that...
Stuff Fibre warned by ComCom over broadband speed claims
By Sophie Boot Dec. 18 (BusinessDesk) - Stuff Fibre has been warned by the Commerce Commission over its unsubstantiated broadband speed claims. NZ Fibre Communications Limited, which trades as Stuff Fibre, likely breached the Fair Trading Act because it didn't have reasonab...
Rabobank appoints Todd Charteris as new CEO
By Sophie Boot Dec. 18 (BusinessDesk) - Rabobank New Zealand will appoint Todd Charteris as its new chief executive officer, replacing Daryl Johnson. Charteris, who has worked for Rabobank since 2000, will take over the role subject to regulatory approval, the bank said. He...
MARKET CLOSE: NZ shares rise, Comvita and Trilogy jump while Xero drops in heavy trading on leaving NZX50
By Sophie Boot Dec. 15 (BusinessDesk) - New Zealand shares gained in heavy turnover as Xero dropped on leaving the benchmark index, while Comvita and Contact Energy gained. The S&P/NZX50 Index rose 0.4 percent, or 37.11 points, to 8,360.86. Within the index, 36 rose, 11 fel...
Prev
