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OGOG offers 25% premium in NZOG buyout
By Margreet Dietz July 10 (BusinessDesk) - OG Oil & Gas has offered a 25 percent premium to buy out minority holders in New Zealand Oil and Gas. Singapore-based OGOG, the oil and gas arm of Ofer Global Group and 70 percent-owner of NZOG, is offering 62 cents for the shares...

PaySauce Q2 growth strong as customer numbers climb
By Rebecca Howard July 10 (BusinessDesk) - Payroll software provider PaySauce saw strong growth in the second quarter as the number of New Zealand workers receiving their pay through its software continued to climb. Paysauce, which targets small to medium-sized businesses,...

NZ dollar hovers around 66 US cents; markets await Powell's testimony
By Rebecca Howard July 10 (BusinessDesk) - The New Zealand dollar is hovering around 66 US cents ahead of US Federal Reserve chair Jerome Powell's testimony to Congress but continues to gain against the Aussie. The kiwi was trading at 66.05 US cents at 8am in Wellington fro...