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Nuplex says Allnex takeover given European antitrust approval; shares to delist
By Tina Morrison Sept. 2 (BusinessDesk) - Nuplex Industries confirmed its takeover by Allnex Belguim SA had received antitrust clearance from the European Commission, paving the way for its transfer into the hands of the private-equity backed Belgian company to create one of t...
NZ dollar gains as greenback falls on weaker manufacturing ISM report
By Jonathan Underhill Sept. 2 (BusinessDesk) - The New Zealand dollar gained as the US dollar index declined following a weaker-than-expected ISM manufacturing report while the market looks ahead to tonight's key non-farm payrolls report for clues on the timing of US interest...
While you were sleeping: US manufacturing contracts
By Margreet Dietz Sept. 2 (BusinessDesk) - Wall Street was mixed, while US Treasuries rose and the greenback fell, as a report showing a contraction in US manufacturing eased bets the Federal Reserve will raise interest rates this month. Oil prices weakened. An Institute of...