NZ services sector activity slows in June; retail still upbeat
By Sophie Boot July 18 (BusinessDesk) - New Zealand's services sector, which accounts for about two-thirds of the economy, slowed in June although it remains in positive territory with retailing one of the strongest industries. The BNZ-BusinessNZ performance of services in...
Seadragon appoints Nevin Amos, ex-Comvita, as CEO
By Sophie Boot July 18 (BusinessDesk) - SeaDragon, the fish oil refiner, has hired Nevin Amos as its new chief executive. Amos will take over from interim chief executive Richard Alderton in October. He is the chief executive at Pacific T&R and before that worked at Comvita...
MARKET CLOSE: NZ shares mixed, market steady; Tower, Westpac, ANZ gain, Fisher & Paykel drops
By Sophie Boot July 15 (BusinessDesk) - New Zealand shares were mixed as investors did not follow offshore rallies, with Tower, Westpac Banking Corp and Metro Performance Glass gaining as Fisher & Paykel Healthcare dropped. The S&P/NZX50 Index dipped 7.44 points, or 0.1 pe...
Allan Hawkins' finance companies found guilty of breaching Fair Trading Act
By Sophie Boot July 15 (BusinessDesk) - Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contra...
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