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Nuplex says Allnex takeover given European antitrust approval; shares to delist

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...

Tina Morrison 01 Sep 2016
NZ dollar gains as greenback falls on weaker manufacturing ISM report

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

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...

Margreet Dietz 01 Sep 2016