Defence spending to rise
The Government’s defence spending will hit more than 2% of Gross Domestic Product (GDP) within the next eight years, with a long-awaited plan released today revealing $12 billion in funding over the next four years, $9 billion of which is “new”.In a statement, Prime Minister Chri...
Outdoor ad firm buys rest of MediaWorks
MediaWorks has been acquired by its majority shareholder.Australia-based outdoor advertising firm QMS, which has owned 54.41% of MediaWorks until Monday, will acquire US hedge fund Oaktree Capital Management’s 45.13% stake, leaving it with 99.54% of the company.The only other sha...
Half of US consumers expect tariffs recession
About a third would be less likely to buy NZ goods, according to a Stickybeak poll.
Takeovers Panel will meet on NZME issue
The panel said in a media release today it had met on the issue of Grenon’s shareholding.
Prev
