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MARKET CLOSE: Kathmandu leads the NZX 50 higher on positive US sentiment
By Sophie Boot Aug. 8 (BusinessDesk) - New Zealand shares rallied with global markets after positive leads from the US, with the local market led by Kathmandu Holdings and Australia & New Zealand Banking Group. The S&P/NZX50 Index rose 39.88 points, or 0.6 percent, to 7,348...
Transport Ministry manager wanted over $726,000 fraud, arrested at airport, charged
By Edwin Mitson Aug. 8 (BusinessDesk) - A former senior manager at the Ministry of Transport has appeared in the Manukau District Court charged with three counts of dishonestly taking or using a document in relation to a $726,000 fraud. Fifty-year-old Joanne Harrison is a...
Spark's Moutter takes lead in rattling cages for venture capital
By Paul McBeth Aug. 8 (BusinessDesk) - Spark New Zealand chief executive Simon Moutter will take a lead role in trying to shake out support from the big end of town to boost New Zealand's underdeveloped venture capital market. Moutter was one of 54 delegates who travelled...