Supreme Court lets Affco appeal ruling on unlawful lockouts
By Sophie Boot March 9 (BusinessDesk) - The Supreme Court has given Affco New Zealand leave to appeal a ruling that it unlawfully locked out meat workers when collective bargaining was taking place. In October 2016, the Court of Appeal turned down the meat processor's appli...
Fairfax Media seeking permanent NZ replacement after Tong's exit
(Recasts to reflect comment from Fairfax Media in lede, 3rd paragraph, adds detail throughout) By Sophie Boot March 9 (BusinessDesk) - Fairfax Media says it's looking for a permanent replacement for New Zealand managing director Simon Tong, who has resigned just days before...
UPDATE: TeamTalk tells shareholders to wait after Spark confirms $22.7M takeover offer
(Recasts and adds TeamTalk response in lede and paragraphs 6-8, clarifies OIO approval in paragraphs 9,10) By Sophie Boot March 9 (BusinessDesk) - TeamTalk says it's in discussions with other parties and has advised shareholders to wait after Spark New Zealand confirmed its...
Restaurant Brands lifts 4Q revenue bolstered by KFC sales in NZ, Australia
By Sophie Boot March 9 (BusinessDesk) - Restaurant Brands New Zealand, the fast-food retailer, lifted fourth quarter sales 37 percent to $121.6 million, bolstered by gains from its Australian KFC stores. In the 12 weeks to Feb. 27, the company's sales rose to $121.6 million...
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