All News
Comvita to take controlling stake in Chinese distributor in $30 mln all-stock deal
By Jonathan Underhill Sept. 5 (BusinessDesk) - Comvita plans to acquire 51 percent of its Chinese distributor in a $30 million all-stock deal that will see the owners of Shenzhen Comvita Natural Food Co lift their holding in the New Zealand manuka honey products company to mor...
Auckland house sales volumes drop in August as loan restrictions start to bite, Barfoot says
By Paul McBeth Sept. 5 (BusinessDesk) - The number of house sales in Auckland dropped by more than a quarter in August from a year earlier with stricter mortgage lending practices compressing activity, Barfoot & Thompson says. Sales fell 3 percent to 1,003 in August compar...
AirAsia X drops pre-selected extras in online bookings after ComCom warning
By Sophie Boot Sept. 5 (BusinessDesk) - AirAsia X will drop the use of pre-selected 'opt-out' services and change how it discloses processing fees when selling airline tickets online after being issued with a formal warning by the Commerce Commission. The censure was issued...