News in Brief
News in Brief
News in Brief
Govt funds $5.6m for joint NZ-Nasa Earth observation projects
Nasa will contribute data and nearly $2m in staff time and expertise.
News in Brief
Aussie fund manager Shaws buys Devon Funds
The deal is the latest tie-up between Australian and NZ funds managers.
News in Brief
Pak‘nSave supermarkets admit breaching Fair Trading Act with misleading prices
The New Zealand Herald reported that two major supermarket operators could face millions of dollars in penalties after admitting Fair Trading Act breaches by misleading shoppers.In March, the Commerce Commission filed criminal charges against two North Island Pak’nSave supermarke...
News in Brief
Spark bags $47m after accepting ‘low ball’ offer for Hutchison shares
Spark has realised A$43 million (NZ$47m) from the sale of its 10% stake in Hutchison Telecommunications Australia (HTA) – after accepting an offer that a minority HTA shareholder called “lowball”.The telco said the transaction would close in July, with the funds used to reduce de...
