APN considers demerging NZME following cancelled IPO
By Sophie Boot April 18 (BusinessDesk) - APN News & Media could spin off its NZME New Zealand media assets after abandoning an initial public offering for the division in February, although investors say such a proposal may struggle to find favour with shareholders. The Aus...
CORRECT: MARKET CLOSE: NZ shares rise to record, led by Spark, Skellerup, Steel & Tube
(Removes extraneous reference to Z Energy earnings in 13th paragraph of story that moved Friday April 15) By Sophie Boot April 15 (BusinessDesk) - New Zealand shares edged up to a fresh record, led by Spark New Zealand, Skellerup Holdings and Steel & Tube Holdings. The S...
Govt open to betting on reality TV, royal babies, MMA under Racing Act reform
By Sophie Boot April 15 (BusinessDesk) - The government is seeking public submissions on changes to the Racing Act which could see it impose fees on foreign gambling operators accepting bets from New Zealand, as well as expanding its own product range to compete better with on...
Airports struggle with Uber drivers ignoring rules barring them from picking up passengers
By Sophie Boot April 15 (BusinessDesk) - New Zealand's airports are working increasingly hard to make Uber drivers pay to pick up passengers as some flout the rules designed to keep them out. At Auckland and Wellington airports some Uber drivers pick up passengers outside t...
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