
MARKET CLOSE: NZ shares gain; A2, Fletcher, TeamTalk rise, Metro Glass, Infratil fall
By Sophie Boot March 29 (BusinessDesk) - New Zealand shares gained, led by A2 Milk Co and Fletcher Building, while TeamTalk extended its rally. Metro Performance Glass and Infratil fell. The S&P/NZX 50 Index rose 68.33 points, or 1 percent, to 7,133.56. Within the index, 32...

Māori rights at stake from Kermadec ocean sanctuary, iwi leader says
By Sophie Boot March 29 (BusinessDesk) - Jamie Tuuta, Te Ohu Kaimoana's chairman, says iwi and Māori have "taken our eye off the ball" and the Kermadec Ocean Sanctuary Bill had made it abundantly clear that Māori rights are at stake. Te Ohu Kaimoana has fought with the gove...

MARKET CLOSE: NZ shares edge up; Air NZ rises while A2, Spark drop
By Sophie Boot March 28 (BusinessDesk) - New Zealand shares rose, although the market was mixed, with Air New Zealand gaining after strong operating metrics and A2 Milk Co falling from a record high. The S&P/NZX 50 Index gained 2.51 points, or 0.04 percent, to 7,065.22. Wit...

UPDATE: Hagamans say Little apology not genuine, defamation suit to proceed
(Updates to include Hagaman comment) By Sophie Boot March 24 (BusinessDesk) - Defamation proceedings against Labour Party leader Andrew Little by Earl and Lani Hagaman will proceed, even though Little publicly apologised today after the Auditor-General found no link between...