MARKET CLOSE: NZ shares fall in global sell off; Spark, MRP, ANZ decline
By Suze Metherell Sept. 29 (BusinessDesk) - New Zealand shares fell in a global sell off amid fears that China's economic growth is slowing. Spark New Zealand, MightyRiverPower and Australia & New Zealand Banking Group were among decliners. The S&P/NZX 50 Index fell 86.7 p...
UPDATE: Knauf, Fletcher return to court over long-running Batts dispute
(Adds detail from Knauf submission in 8, 9 10th paragraphs) By Suze Metherell Sept. 29 (BusinessDesk) - Knauf, the German building materials firm, and Fletcher Building, New Zealand's dominant building supplies company, have returned to court for a cross appeal, the latest...
Comvita appoints chief operating officer Coulter to replace departing CEO Hewlett
By Suze Metherell Sept. 29 (BusinessDesk) - Comvita, the manuka honey products maker, has tapped chief operating officer Scott Coulter to replace outgoing chief executive Brett Hewlett, taking over the task of more than doubling annual sales over the next five years. Coulte...
Knauf, Fletcher return to court over long-running Batts dispute
By Suze Metherell Sept. 29 (BusinessDesk) - Knauf, the German building materials firm, and Fletcher Building, New Zealand's dominant building supplies company, have returned to court for a cross appeal, the latest instalment of their long-running dispute over the use of the wo...